All posts tagged "Financial Oversight & Management Board"

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  Government failed to comply with PROMESA with respect to each new Acts judge Swain ruled

  The Financial Oversight and Management Board for Puerto Ricowelcomes the Order by Judge Laura Taylor Swain of the U.S. District Court for the District of Puerto Rico to grant the Oversight Board’s motions and cross-motions for summary...

  • Posted December 24, 2020
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  Trump to Make New Appointments to Fiscal Board; Current Members’ Tenure in Doubt

  Puerto Rican Educator from New York, Former Michigan Budget Director Named

  • Posted December 8, 2020
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  Fiscal board: Over $84 million overpaid at Education Department

  Director Jaresko says payroll money needs to be returned

  • Posted September 30, 2020
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  Resident Commissioner Presents Amendment to extend Puerto Rico’s access to Medicaid funding

  Fiscal board has yet to approve several Medicaid-funded programs

  • Posted September 22, 2020
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  FOMB: ‘Underlying procedural weaknesses’ delaying annual gov’t audited financial reports

  Gives Gov. Vázquez’s fiscal team 2 weeks to submit ‘actionable plan’ to complete CAFRs

  • Posted August 6, 2020
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  FOMB Chairman Carrión and Board Member García Resign

  Vacancies Portend Political Gamesmanship in Replacement Process

  • Posted July 1, 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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  Puerto Rico gov agrees to back fiscal board proposal to replenish Emergency Reserve via $536 million appropriation

  To Offset Use of Fund in Several Emergencies; Aim to Fund Emergency Reserve With About $1.7 Billion over 10 Years

  • Posted June 25, 2020
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  Jaresko denies spending cuts in proposed general fund budget for fiscal 2021

  Says funding shifted according to program needs

  • Posted June 16, 2020
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  Oversight Board Certifies Fiscal Plan for University of Puerto Rico

  Points out no tuition increase and no decrease in funding; support for scholarship funds; outlines programs, pension reform to avoid pension insolvency

  • Posted June 16, 2020