State Treasurer Gina Raimondo lived up to her reputation as a high-flying political fundraiser in 2012, closing the year with an increase of more than $1 million in her campaign account.
Raimondo's Q4 report shows her with a balance of $1,359,191. That's an increase of $1,049,153 from where her campaign account stood ($310,038) at the start of 2012. It also puts her considerably ahead of Providence Mayor Angel Taveras, who closed 2012 with a balance of $413,283 (a gain of $288,148 from the start of the year).
Providence Mayor Angel Taveras delivers his State of the City address this evening. Treasurer Gina Raimondo says she has cleared out a backlog related to the crime victims compensation program. These stories and more on the RIPR Morning News Podcast.
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State treasurer Gina Raimondo has come out with a report documenting her first two years in office.
Raimondo says her biggest accomplishment in her first two years of office was passage of a pension overhaul package for state workers. While it shaved benefits, it guarantees pensions will be available for generations to come and saves taxpayers about four billion dollars over the next 20 years.
Raimondo also reports eliminating a backlog of 900 claims to the Crime Victim Compensation Program. Some of the claims dated back three or four years.