R.I. Gen. Laws § 45-60-5: Annual report.

At the end of each fiscal year which is defined to begin on July 1 and continue through June 30 of each year, the board shall submit a report concerning its activities to the town council. More frequent reports may be given as requested. The report shall include, but not be limited to, the following:

(1) A list and description of activities funded by the board during the preceding year;

(2) A list of taxes and/or contributions received by the board, whatever their form or nature, and the source of the taxes and/or contributions, unless anonymity is a condition of a particular contribution. The record of individual payments shall be kept confidential, as are sales and income tax records;

(3) A full report of the board’s activities;

(4) Fund statements will be audited annually by a certified public accounting firm engaged by the housing board.