Puerto Rico government budget balance Article

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search

The Puerto Rico government budget balance is the overall result of the budget of the government of Puerto Rico over the course of a fiscal year beginning on July 1 and ending on June 30 of the following year. As of November 2012, the government's balance is experiencing a deficit of about $1.1 billion US$.[ how?] The government has about $15.1 billion in total assets and $48.8 billion in total liabilities.

2011 balance sheet [1]
(in thousands)
Assets
     Current assets
$ 3,848 ,674
     Capital assets
7,768 ,350
     Other assets
3,529 ,148
          Total assets
15,146 ,172
Liabilities
     Current liabilities
$ 4,795 ,304
     Noncurrent liabilities
44,028 ,843
          Total liabilities
48,824 ,147
Undesignated, Unreserved Fund Balances
     Invested in capital assets, net of related debt
$ 3,693 ,531
     Restricted
2,335 ,799
     Unrestricted
(39,707 ,305)
Total Net Assets (deficit)
$ (33,677 ,975)

History

See also

Citations

References