FOMB certifies FY20 consolidated budget of $20.2 billion

On June 30, 2019 the Financial Oversight Board certified the FY20 budget of the Government of Puerto Rico. The document (FOMB Budget FY2020 for the Commonwealth, as certified) sets a consolidated $20.2 billion: General Fund $9.1 billion, special revenue funds $3.6 billion and federal funds $7.6 billion.

By General Fund spending type, Personnel is about 30%, Non-personnel about 48% and PayGo about 22%. The joint resolution appropriates $9,051,118,000 from the General Fund for government spending in the fiscal year ending June 30, 2020, and refers to the fiscal plan certified May 9, 2019.

In the agency breakdown (tables in thousands of dollars), Education — the Department of Education — sums about $2.401 billion in the General Fund and a FY20 total of about $3.952 billion including special and federal funds. The Health block reaches about $4.405 billion in total FY20. The Department of Public Safety totals about $1.320 billion. The University of Puerto Rico appears with about $559.9 million in the General Fund (Non-personnel). Families and Children exceeds $2.5 billion in total FY20, driven largely by federal funds.

The exhibit notes that instrumentalities with independent fiscal plans are excluded and that, by rounding, figures may not sum exactly. Certified is not disbursed: it fixes budget authorizations, not evidence of executed spending.