GAO finds $1.9B Puerto Rico surplus, warns of unresolved PREPA debt
July 1, 2025
While Puerto Rico strengthens its financial position, pending electric utility restructuring and population loss remain key threats to long-term stability. #NewsismyBusiness
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OBoard submits $13.1B budget for FY2026 developed with local gov’t
May 15, 2025
More than 64% of General Fund allocated to education, health care, public safety and pensions. #NewsismyBusiness
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Insight: Gov. González-Colón: Don’t follow California on rooftop solar
March 3, 2025
Just like in California, people throughout Puerto Rico are speaking out to protect rooftop solar and batteries. #NewsismyBusiness
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Fiscal Control Board claims it wants to leave Puerto Rico, but its actions tell a different story
February 14, 2025
Far from seeking its exit, the Fiscal Control Board is at its peak integration with the Puerto Rico government. #NewsismyBusiness
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Babson College article features oversight board member McKenzie
February 11, 2025
McKenzie credits his Babson education with providing him the grit and entrepreneurial mindset to navigate the challenges and create solutions for Puerto Rico’s future. #NewsismyBusiness
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Puerto Rico’s shifting demographics: Challenges and opportunities
December 17, 2024
Leveraging the skills of the Puerto Rican diaspora and fostering a collaborative spirit are key to ensuring long-term resilience. #NewsismyBusiness
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CofC pushes for federal coordination of energy grid reconstruction
October 17, 2024
The organization, along with more than 17 of its affiliated associations, urged the Financial Oversight and Management Board to take action on the issue. #NewsismyBusiness
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FOMB, New Fortress Energy threaten Puerto Rico resident efforts to install rooftop solar
June 21, 2024
An analysis by Tom Sanzillo, director of financial analysis at the Institute for Energy Economics and Financial Analysis (IEEFA), and Cathy Kunkel, energy consultant at IEEFA. #NewsismyBusiness
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CPI launches website containing OBoard documents archive
May 14, 2024
El Buscador is the product of a year of work to make documents with the tract of the Board’s actions in Puerto Rico easily available. #NewsismyBusiness
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Gov’t Gaming Commission submits slot machine regulations to legislature
March 6, 2024
The interim executive director of the regulatory body asks the legislative bodies to review the regulation quickly. #NewsismyBusiness
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Puerto Rico fiscal board members were evaluated without defined criteria, before Promesa was signed
February 27, 2024
Through a secret process until now, the U.S. Department of the Treasury evaluated more than 115 people in 2016 to be selected as the first members of the Puerto Rico Fiscal Control Board. #NewsismyBusiness
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IEEFA: Oversight Board warns Puerto Rico bonds could be worthless
February 7, 2024
In July 2017, the Oversight Board rejected a debt agreement for PREPA, explaining that the deal was not in the best interests of Puerto Rico. #NewsismyBusiness
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House files bill to move forward on granting tax relief for working class
December 19, 2023
If passed, the bill would grant $250M in tax incentives to the working class following an agreement between Gov. Pierluisi and the Financial Oversight and Management Board for Puerto Rico. #NewsismyBusiness
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Puerto Rico’s working class could get higher income tax refunds next year
December 14, 2023
The new proposal represents an agreement between the government, the legislature and the Financial Oversight and Management Board for Puerto Rico. #NewsismyBusiness
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Op-Ed: Puerto Rico electrical system debt negotiations become more realistic
September 8, 2023
Pension obligations to electrical system retirees are another urgent operating expense left unresolved by the FOMB’s plan. #NewsismyBusiness
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