Puerto Rico Consolidated Fund
The Puerto Rico Consolidated Fund (Spanish: Fondo Consolidado de Puerto Rico) is the sum of all revenues collected by the government of Puerto Rico; in specific, it includes:
- the revenues collected from the Puerto Rico General Fund,
- the Public Improvements Fund,
- the Special State Funds,
- the revenues collected as subsidies from the federal government of the United States,
- the revenues collected from Puerto Rico's government-owned corporations,
- the revenues collected from loans undertaken during the fiscal year and the revenues collected from the sale of government bonds undergone during the fiscal year, and
- other funds.[1]
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The Fund was about $31.4 billion USD for the 2010 fiscal year, constituting a deficit. Although the Department of Treasury doesn't provide contemporary figures, the Fund is expected to decrease by 5.7% or about
See also
- Budget of the government of Puerto Rico
- Puerto Rico fiscal deficit
- Consolidated fund
References
- "Definicion de Terminos". Estado Libre Asociado de Puerto Rico. Archived from the original on January 14, 2012. Retrieved December 1, 2014.
- "Financial statements of the Commonwealth of Puerto Rico". Departamento de Hacienda. Archived from the original on December 1, 2014. Retrieved December 1, 2014.
- "Comprehensive Annual Financial Report, Year Ended June 30, 2011" (PDF). Commonwealth of Puerto Rico. Archived from the original (PDF) on October 29, 2013. Retrieved December 1, 2014.
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