All posts tagged "CRIM"

• 
  CRIM: July revenue sufficient to not need credit

  Property tax revenue reaches $239 million

  • Posted August 6, 2020
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  Certified Municipal Revenue Collection Center’s fiscal plan prescribes massive overhaul

  Oversight board assures property tax reform would offset government subsidy reduction

  • Posted June 26, 2020
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  FCC review of proposed municipal tax on telecommunications sought

  Industry group calls levy a ‘flagrant violation’ of federal legislation to achieve universal, affordable internet services in Puerto Rico

  • Posted June 11, 2020
• 
  San Juan Mayor files motion on Act 29 with Judge Swain’s court

  Says Municipal Revenue Collection Center board approved her petition that emergency funds be used for towns instead of returned to fiscal board

  • Posted June 4, 2020
• 
  FOMB proposes keeping central gov’t funding of towns next fiscal year

  Nixes proposed 33 percent cut amid Covid-19 crisis

  • Posted May 23, 2020
• 
  Fiscal Board: Government can provide towns $185 million to offset revenue loss caused by pandemic

  To Help Towns to Continue Providing Services 'Despite Delayed Property Tax Revenues'

  • Posted May 13, 2020
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  Mayors say they don’t have to repay the government, but will

  Will ask fiscal board about its position on a line of credit

  • Posted May 7, 2020
• 
  CRIM opts for sale of property back-tax portfolio to pay Act 29 debt

  Unappraised measure submitted to FOMB to cover estimated $191 million owed to central government SAN JUAN – The Municipal Revenues Collection Center (CRIM by its Spanish acronym) board opted Thursday for the sale of the agency’s portfolio...

  • Posted May 1, 2020
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  With Court Deadline Looming, Puerto Rico Mayors Scramble to Come Up With Plan to Pay Act 29 Debt

  After CRIM Chairman Rejects FOMB Plan, Agency Convokes Meeting to Come Up With Compromise Deal to Cover $200 Million Hole

  • Posted April 30, 2020
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  Fiscal board designates Puerto Rico towns as covered instrumentalities under Promesa

  To secure their long-term fiscal viability; requests fiscal plans from CRIM, and first municipalities in pilot program to ‘increase revenues’

  • Posted May 9, 2019