Puerto Rico resident seeks class action over alleged debt collection violations
29 de abril de 2025
The plaintiff’s attorneys argue that more than 1,000 people could be eligible to join the proposed class. #NewsismyBusiness
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Puerto Rico’s General Fund net revenues for March exceed projections
mayo 5, 2022
Cumulative collections as of March for Fiscal 2022 were $510.1 million or 7% more than what was collected in the previous fiscal year.
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Gov’t revenue collections for February beat forecast by $110.4M
abril 21, 2021
Net income to Puerto Rico’s General Fund shored up in February, the eighth month of the fiscal year, totaled $714.8 million, Treasury Department Secretary Francisco Parés confirmed. The official added that collections accrued through February totaled $6.8 billion, or $122.5 million more than the same period in fiscal year 2020, when collections reached $6.6 billion. […]
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Treasury Dept.: Jan. collections at $817M, beating forecast by $62.3M
abril 6, 2021
Net income to the government’s General Fund during January — the seventh month of Fiscal 2021 — totaled $817 million, while accumulated collections from July to January, reached $6 million, compared to the $5.9 billion on record for the same period of Fiscal 2020. January collections beat the agency’s fiscal forecast by $36.3 million or […]
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Treasury reports ‘record’ revenues of $11.3B for FY2019
agosto 7, 2019
Preliminary net revenues to the General Fund for the recently ended FY2019 totaled $11.3 billion, Puerto Rico Treasury Secretary Francisco Parés-Alicea announced, adding the figure is a “new record number for revenue collections.” On a year-over-year comparison, revenues were up by $2.06 billion, or 22%. In addition, revenues exceeded three projections prepared by the Financial […]
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Treasury reports $1.2B net revenue collections for General Fund in March
abril 30, 2019
Net revenues to the General Fund totaled $1.2 billion in March 2019, a “new historic level for a month of March,” Puerto Rico Treasury Secretary Raúl Maldonado said. “This monthly revenue exceeded the Oct. 23, 2018 Certified Fiscal Plan revised projections by $259.1 million. This fiscal year, March has reflected the best performance compared to […]
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Treasury Dept. reports $793M in net revenue collections in Oct.
noviembre 29, 2018
Revenues totaled $469 million in October 2017, “the most affected month, with the lowest revenue the whole year,” due to the effects of the passage of Hurricanes Irma and María.
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P.R. Treasury Dept. reports $883M in General Fund collections in September
octubre 23, 2018
The previous highest level was for September 2005 when revenues totaled $778.7 million, Treasury Secretary Teresita Fuentes said.
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P.R.’s General Fund revenue collections up 10.1% year-over-year in August
septiembre 29, 2018
Net revenues collections for the commonwealth’s General Fund totaled $670.3 million in August 2018.
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Gov’t reports $649.4M in July revenue collections
agosto 21, 2017
Treasury Secretary Raúl Maldonado-Gautier announced that net revenues recorded to the General Fund in July, when Fiscal Year 2017-18 began, totaled $649.4 million.
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Treasury: FY ’17 collections exceed $9.3B, up 1.7% YOY
julio 21, 2017
Puerto Rico’s net revenue recorded to the General Fund for Fiscal 2017 (July-June) exceeded $9.3 billion, representing a $159.6 million, or 1.7 percent, increase when compared to Fiscal Year 2015-16, Treasury Secretary Raúl Maldonado-Gautier said Thursday.
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P.R. Treasury Dept. collects $708.8M in May
junio 21, 2017
Net revenues recorded to the General Fund totaled $708.8 million in May, with fiscal year-to-date (July-May) revenues reaching $8.3 billion, Treasury Secretary Raúl Maldonado Gautier said Tuesday.
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Gov’t: ‘We effectively faced expiration of Medicaid funds’
junio 15, 2017
The Government of Puerto Rico took a series of steps to address the expiration of the Medicaid federal funds and the commencement of the pay as you go pension plan model, given the insolvency of the Retirement Systems, with several measures to improve its liquidity, said Gerardo Portela, executive director of the Puerto Rico Fiscal Agency and Financial Advisory Authority (FAFAA.)
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Treasury collects $994.4M in March, $64.7M more YOY
abril 21, 2017
The Puerto Rico Treasury Department reported Thursday that net revenues recorded in the General Fund in March totaled $994.4 million, which was $64.7 million, or 7.0 percent, more than in March 2016
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P.R. Treasury collects $776.6M, $7.4M below projections
marzo 21, 2017
Puerto Rico Treasury Secretary Raúl Maldonado said Monday that net revenues recorded in the General Fund totaled $776.6 million in February.
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