A junta certifica o orçamento consolidado do ano fiscal de 2027 em $33,6 bilhões

On June 29, 2026, the Financial Oversight and Management Board for Puerto Rico announced that it certified the consolidated $33.6 billion budget for fiscal year 2027 for the Government of Puerto Rico, in accordance with the Fiscal Plan. The budget for the fiscal year beginning on July 1, 2026 is, according to the statement, the second consecutive budget jointly prepared by the administration of Governor Jenniffer González Colón, the Legislative Assembly, and the Board. This note from the September 17, 2026 batch re-reads that primary in Spanish—without pretending a new announcement on the 17th—because the certified spending framework continues to govern the current fiscal year and because the text itself warns of risks that do not end in June.

Chief Executive Officer Robert F. Mujica, Jr. affirmed that the fiscal year 2027 budget represents another step toward PROMESA's mandate of fiscal responsibility, “but it is only a step.” He called for transforming the budgeting process so that Puerto Rico maintains the stability achieved under PROMESA; that the model of joint leadership leads the Government to take full responsibility without continuous reliance on the Board to maintain balance; that the capital budget continues to be developed; that reserves be preserved and strengthened; that accounting be substantially reinforced; that all allocations, including federal funds, be approved by the Legislature and not just the General Fund; and that agencies become more fiscally responsible and efficient. “The Government must take the lead on all these initiatives,” Mujica emphasized, “only then can we ensure that Puerto Rico does not fall back into bankruptcy.”

The statement breaks down the consolidated total: General Fund of $13.2 billion; Special Revenue Fund of $5.5 billion; Federal Fund of $14.9 billion. The total expenditure of $33.6 billion remains practically unchanged compared to the previous year's budget, which —according to the Board— reflects the slowdown in tax collections and the uncertainty about future revenues. This $33.6 billion is certified budget, not a total disbursed to the public nor an inventory of theft. Obligated is not disbursed; budgeted is not collected; federal is not automatically spent on the streets. Whoever cites the figures must label them as allocations of the consolidated certified on June 29, 2026.

More than two-thirds of the budgeted expenditures are allocated to health, education, public safety, housing, and government pensions. The budget includes funds for infrastructure investments, such as road repairs, and to improve care services for the elderly and adults with disabilities, as well as childcare. The Government decided to reduce spending in certain areas, particularly payroll and operational expenses in some agencies, to allocate additional funds to priority areas, including a salary increase for police officers and correctional officers. The statement also prepares the Government for the continued loss of federal funding and the rising costs of Medicaid associated with increases in contracts with healthcare service providers.

Two areas continue to pose significant fiscal risks: the Medicaid program and the Department of Education. Puerto Rico remains subject to a maximum statutory allocation of federal Medicaid funds; Any expenditure that exceeds that limit must be financed in its entirety by the Government. Contract negotiations with Coordinated Care Organizations had not yet been incorporated into the approved budget. A control clause was added to the FY 2027 budget resolution requiring the Health Insurance Administration to submit any proposed changes to Medicaid benefits or services to the Office of Management and Budget and the Board to evaluate the fiscal impact before implementing them. In Education, the expiration of federal pandemic relief funds, persistent overspending on certain programs, and prolonged deficiencies in budget planning increase risk; Reliance on nonrecurring resources for recurring obligations, including special education funds, increases the likelihood of mid-year shortfalls.

Regarding accounting, the Government has made progress in adopting modified accrual standards required by PROMESA. The Board and the Government agreed on guidelines applicable to budget preparation in accordance with those standards; the Board will continue evaluating implementation in the budgets for fiscal years 2027 and 2026, as well as supporting documentation. The budgets have been balanced on a cash basis since the Board began certifying them. However, the timely presentation of audited financial statements remains essential to restoring access to capital markets — a main objective of PROMESA and a condition for the Board's dissolution. The most recent audited financial statements completed by the Government correspond to fiscal year 2022, reflecting a considerable delay.

The Board also approved fiscal year 2027 budgets for instrumentalities related to the economy and utilities: Puerto Rico Industrial Development Company (PRIDCO); Public Corporation for the Supervision and Insurance of Cooperatives (COSSEC); University of Puerto Rico; Corporation of the Fund for Urgent Interest (COFINA); Municipal Revenue Collection Center (CRIM); Aqueduct and Sewer Authority (AAA); Highways and Transportation Authority (ACT); and Electric Power Authority (AEE). The documents are published at juntasupervision.pr.gov/presupuestos/. For the September reporting, the primary from June remains the certified basis of the year: ask the Department of Treasury, the Office of Management and Budget, and each instrumentality which item in the consolidated budget has already been obligated, what has been disbursed, and what remains on paper. Primary source: press release of June 29, 2026. Cousin: none.