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While the university remains current on bond payments, it is not financially stable, sources say.
September 6 -
In direct costs to the budget, the proposal would cost Puerto Rico revenues $153.2 million of individual taxes and $283.6 million of corporate taxes per year, according to the governor. The Oversight Board disagrees.
August 28 -
The Puerto Rico General Fund has paid out $1.5 billion on the bankruptcies after initial expectations were $370 million over nearly a decade.
August 24 -
José Pérez Riera will fill the post that has been vacant for over three years.
August 22 -
Peterson objected to the board's treatment of PREPA bondholders.
August 18 -
Following another court ruling on a 2022 labor law the Oversight Board rejected, Puerto Rico professors doubt the local government will operate more responsibly any time soon.
August 15 -
Economists remain guarded about the island's economic future.
August 8 -
The May economic activity index showed an increase.
July 11 -
The fiscal 2024 General Fund increases 2.5%
June 30 -
Virginia Wong, a partner in Nixon Peabody's public finance group, talks with Chip Barnett about effective mentorship and building successful teams. (15 minutes)
June 27