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Puerto Rico government budget balance

The Puerto Rico government budget balance is the overall result of the budget of the government of Puerto Rico over the course of a fiscal year beginning on July 1 and ending on June 30 of the following year. As of November 2012, the government's balance is experiencing a deficit of about $1.1 billion US$.[how?] The government has about $15.1 billion in total assets and $48.8 billion in total liabilities.

2011 balance sheet[1]
(in thousands)
Assets
     Current assets
$ 3,848 ,674
     Capital assets
7,768 ,350
     Other assets
3,529 ,148
          Total assets
15,146 ,172
Liabilities
     Current liabilities
$ 4,795 ,304
     Noncurrent liabilities
44,028 ,843
          Total liabilities
48,824 ,147
Undesignated, Unreserved Fund Balances
     Invested in capital assets, net of related debt
$ 3,693 ,531
     Restricted
2,335 ,799
     Unrestricted
(39,707 ,305)
Total Net Assets (deficit)
$ (33,677 ,975)

Contents

HistoryEdit

See alsoEdit

CitationsEdit

ReferencesEdit

  • Méndez, Jesús; Chevres, Jaysel (2011), Comprehensive Annual Financial Report Year Ended June 30, 2011 (PDF), Department of Treasury of Puerto Rico, p. 19, retrieved November 25, 2012
  • Sobre $1,000 millones el déficit gubernamental | El Nuevo Día
  • Financial statements of the Commonwealth of Puerto Rico
  • El Presupuesto del Gobierno de Puerto Rico (PDF), archived from the original (PDF) on June 14, 2010
  • Presupuesto y Transferencias Federales de Puerto Rico
  • Puerto Rico’s Budget Deficit: An Independent View | Bondview.com
  • DEFINICION DE TERMINOS