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Utuado

Michelle Kantrow September 21, 2022
The Oversight Board authorized emergency disbursements from the Emergency Reserve of up to $250,000 for each of the 78 municipalities to support recovery efforts related to the effects of Hurricane Fiona. (Credit: La Fortaleza).

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QUOTE OF THE WEEK:

“The budget illustrates that the fiscal responsibility we instilled in previous years puts the Commonwealth in a better position to respond to the changing federal funding landscape. 

 

Like many states, municipalities and territories across the U.S., we may have to revisit the budget with the Governor and Legislature if federal funding levels change.”

 

— Robert Mujica, executive director, Financial Oversight and Management Board for Puerto Rico

 

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