Monday, September 24, 2018

Puerto Rico House has yet to submit reports requested by fiscal board

By on September 10, 2018

House Speaker Johnny Méndez (CyberNews)

SAN JUAN – Puerto Rico House Speaker Carlos Méndez said he has yet to deliver to the island’s fiscal oversight board the information it requested, such as the chamber’s monthly expense reports.

“All the information they required from the chamber is public information. The contracts that we grant, the employees that we have, the decrease there has been to the budget of the legislative offices and the administrative adjustments that we have made and will continue to make,” the speaker said in a press conference.

Méndez mentioned that after the notification he received from the board, there has been no additional communication on the matter.

On Aug. 21, board Executive Director Natalie Jaresko sent letters to the presidents of the House of Representatives and the Senate, Carlos “Johnny” Méndez Núñez and Thomas Rivera Schatz, respectively, asking them to send expense reports, among other information.

The requirement was also extended to the judicial branch, the Office of the Comptroller, the Office of Government Ethics, the Citizens’ Advocate and the Civil Rights Commission.

“Pursuant to PROMESA [Puerto Rico Oversight, Management, and Economic Stability Act] 104(c)(2), the Oversight Board hereby requires the following:
(1) A point of contact for all relevant matters at the Legislative Assembly; (2) A monthly cash and liquidity report; (3) A monthly budget to actual report; (4) A monthly report of employee attendance; (5) A monthly reconciliation of bank account balances,” Jaresko’s letter to the legislative leaders reads.

The same requirements were made via letter to the other entities.

In the case of the legislature, she also instructed that documents for the Senate, House, Office of Legislative Services, Superintendence of the Capitol, and “any other component units under the umbrella of the Legislative Assembly” be sent separately.

“We are available to meet at your earliest convenience to discuss these requirements and templates. We ask to meet during the week of August 27, 2018 and that you bring to this meeting draft reporting templates for requirements #2-#5. The Oversight Board is hereby requiring that reporting for the month of August be submitted on September 15, 2018,” the letter added.

–Caribbean Business contributed to this report.

Puerto Rico fiscal board requests monthly reports from all branches

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