Puerto Rico Treasury collects $495M in July
August 30, 2013
Puerto Rico Treasury Secretary Melba Acosta said Thursday the government collected $495 million in General Fund revenue in July, the first month of the current fiscal year.
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Puerto Rico tax amnesty shores up $255M, beats expectations
July 2, 2013
Puerto Rico Treasury Secretary Melba Acosta said Monday the tax amnesty that concluded June 30 shored up $255 million for the government, beating expectations by 27 percent. The agency initially projected it would collect $200 million through the campaign.
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Puerto Rico Treasury shores up $612M in May, up 2.6% YOY
June 19, 2013
The Puerto Rico Treasury Department reported Tuesday that net revenue General Fund collections for the month of May reached $612 million, exceeding by $15 million, or 2.6 percent, the collections on record for the same month in 2012.
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Treasury cuts collections deficit through June by 69%
May 23, 2013
Treasury Secretary Melba Acosta said Thursday that revenue collections so far this year — July 2012 through April 2013 — totaled $6.8 billion, or $321 million less than originally included in the general budget. The projection of a deficit through June 30, including certain transactions that will close before then, is $295 million, or 69 percent less than the original $965 million projected deficit, one of the components of the $2.2 billion structural deficit.
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Puerto Rico companies, gov’t agencies owe Labor $378M
March 18, 2013
The Puerto Rico Labor Department is going after companies and government agencies that have failed, for whatever reason, to make their unemployment insurance payments for the past five or six years and now owe a combined $378 million, agency Secretary-designate Vance Thomas confirmed.
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Gov’t haul down $67M in Jan., sales tax revenue up 2.6%
February 27, 2013
Puerto Rico Treasury Department collections totaled $665 million in January, a 9 percent, or $67 million, drop from what the government reported during the same month last year, agency Secretary Melba Acosta said Tuesday.
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Treasury shores up $1.2B in April, reports 4% jump in May sales tax collections
June 5, 2012
Net revenue making its way to the Puerto Rico government’s General Fund exceeded $1.2 billion in April, with personal and corporate income tax collections representing 69 percent, or $830 million of the month’s total, agency Secretary Jesús Méndez said Monday.
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Treasury: General Fund collections up 16.8% in February
April 2, 2012
General Fund net revenue totaled $674 million in February, an increase of $97 million or 16.8 percent, when compared with February 2011.
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Treasury collections up 42% year-over-year in January
March 2, 2012
The Treasury Department pumped $731 million into the government’s General Fund last month, or $216 million more than what it collected during January 2011. The 42 percent hike was fueled by income and excise taxes, Treasury Secretary Jesús Méndez said Thursday.
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Treasury: March revenue collections reach $746M
May 5, 2011
Government revenue collections totaled $746 million in March, a figure that is 10.1 percent, or $69 million over the same month the prior year, the Treasury Department said Thursday.
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