Following the back-to-back strikes by Hurricanes Irma and María, Puerto Rico’s municipal governments, for the most part, represented the first line of response to the emergency, prompting the central government to unveil a $100 million fund to support their work.
The majority of Puerto Rico’s 78 municipalities are in dire financial conditions, with more than half carrying deficits on their general funds, the Center for Integrity in Public Policy (CIPP) revealed in its third annual Financial Health Index.
The Center for Integrity and Public Policy (CIPP), a nonprofit that promotes government transparency, open access to data, and greater citizen engagement, unveiled Thursday the Municipal Financial Health Index, a new tool to analyze and compare the financial health of Puerto Rico’s 78 municipalities.
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