P.R. Laws tit. 24, § 342p

2019-02-20 00:00:00+00
§ 342p. Annual budget of expenses; semi-annual report

At least thirty (30) days before May 15 of each year, the Administration shall submit to the Governor for his approval an annual budget of operating expenses and capital investments, containing a chart of probable revenues and a disbursement program based on a plan of the work and services to be rendered. The Governor may amend said budget.

The Administration shall establish the fiscal, budgetary and cost controls which may be needed to keep the budget within the limits of the expected income so that they will not incur a deficit.

The Administration shall render a semi-annual report on the work performed and all the income received and disbursements made to the Governor or the official whom he may delegate, no later than thirty (30) working days after the semester has ended.

History —June 22, 1978, No. 66, p. 203, § 17; Nov. 11, 1978, No. 3, p. 671, § 1.