Wednesday, December 8, 2021

Romero Details Increase in Municipality’s Budget

By on May 26, 2021

San Juan Mayor Miguel Romero provided more transparency today, Wednesday, on the municipality’s budget that reached $670 million for the fiscal year (FY) 2021-2022, which begins on July 1.

The amount represents 3.9 percent more compared to the current budget of the FY 2020-2021.

Romero said the budget presented by the former administration of former mayor Carmen Yulín Cruz does not reflect the reality of the city council’s operations.

In addition, he said an increase of around $30 million in the contribution of the Municipality to the Health Reform required a reevaluation of priorities in other areas for the next fiscal year.

“Although nominally that amount (3.9 percent) is about $25 million higher than the current budget, the truth is that our budget situation is difficult, and we have had to make numerous cuts to the budget in various areas,” said Romero during his first budget address.

Regarding the debt of more than $120 million in contributions to the municipal employee retirement plan, the mayor said “we will responsibly face the payment of the retirement benefits of our public employees to whom the last administration turned its back.”

-This article will be updated shortly

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