Puerto Rico General Fund collections reached $488.6 million in November, falling $15.4 million short of estimates, but $36.7 million above what the government shored up during the same month in 2014, Treasury Secretary Juan Zaragoza said Monday.
Casino closings this year have not adversely impacted the budget of the Puerto Rico Tourism Co. which depends largely on casino taxes for its operations, Executive Director Ingrid Rivera-Rocafort told News Is My Business.
General Fund net revenues for September totaled $758 million, representing an increase of $50.3 million, or 7.1 percent, year-over-year, but $17.4 million below estimates, Treasury Secretary Juan Zaragoza-Gómez said Thursday upon revealing the results.