Puerto Rico government budget balance

From Wikipedia, the free encyclopedia
Jump to: navigation, 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[edit]

See also[edit]

Citations[edit]

References[edit]