P.R. Laws tit. 21, § 4308
The mayor shall administer the general expenses budget of the Executive Branch according to the provisions of this subtitle including the authorization of credit transfers between budget accounts, through an Executive Order of the mayor to that effect, which he/she shall notify to the Legislature with a copy of the aforesaid within five (5) days after the order has been signed. The prior approval of the Municipal Legislature shall be necessary for the transfer of credits of the budget appropriation for the payment of personal services.
Pursuant to the provisions of this subtitle, the Municipal Legislature shall administer the general expenses budget of the Legislative Branch. It shall also authorize credit transfers between the accounts of said general expenses budget through a resolution to that effect.
(a) Before recommending or entering in the books any transfer of credits between the accounts of any budget, whether it be regular, a subsidy, a loan or any other special funds, it shall be ascertained that the credit to be transferred is available. To those effects the amount of the authorized orders or contracts pending payment shall be deducted from said credit even though the services have not been rendered or the supplies furnished.
(b) The credits to meet the statutory obligations of the municipality, such as contracts for ongoing electric power, rentals and telephone services and the fees, contributions and premiums for protection against financial losses, shall not be transferred, except when a surplus is determined and certified. Appropriations for the payment of the public debt and its interest are nontransferable, unless it is surplus liquidated after the obligations have been fully covered, and said surplus shall be certified by the Department of the Treasury or the Municipal Income Collection Center. All provisions of this section shall apply during the election period.
The Secretary of the Legislature shall remit to the Commissioner a certified copy of the ordinances or resolutions for the transfer of funds from the budget appropriation of the Municipal Executive Branch and the Legislative Branch, as the case may be, within five (5) days after their approval.
History —Aug. 30, 1991, No. 81, § 7.008; Oct. 29, 1992, No. 84, § 32.