Taveras tops RI campaign fundraising

PROVIDENCE, RI – Providence Mayor Angel Taveras was the top fundraiser among local and state politicians in 2011. That's a surprise since state Treasurer Gina Raimondo is also a leading fundraiser.

As a former venture capitalist, Raimondo has been able to draw on a network of contacts in building an impressive campaign war chest. She's also attracted a lot of national attention while leading the push to overhaul Rhode Island's pension system.

Raimondo raised almost $265,000 last year - an impressive amount for a state official. But her tally is almost $100,000 less than the amount raised by Taveras in 2011.

State campaign finance reports show that Taveras collected more than 190,000 just in the fourth quarter of the year.

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