FINANCIAL OVERSIGHT AND MANAGEMENT BOARD FOR PUERTO RICO · matter with you and subsequently ma de referrals to the Puerto Rico Department of Justice and the United States Attorney

PO Box 192018 San Juan, PR 00919‐2018; www.oversightboard.pr.gov; [email protected]

FINANCIAL OVERSIGHT AND MANAGEMENT BOARD FOR PUERTO RICO

Members Andrew G. Biggs

Carlos M. García Arthur J. González

José R. González Ana J. Matosantos David A. Skeel, Jr.

José B. Carrión III Chair Natalie A. Jaresko

Executive Director BY ELECTRONIC MAIL February 21, 2020 Mr. Omar Marrero Díaz Chief Financial Officer Government of Puerto Rico Mr. Luis Collazo Rodríguez Administrator & Executive Director Retirement Board & Employees Retirement System Government of Puerto Rico Dear Mr. Marrero Díaz and Mr. Collazo Rodríguez, I write to you in reference to the monthly “PayGo and Individual Contribution Debt by Entity” report received on February 18, 2020 and prepared by AAFAF (“PayGo Report”). The PayGo Report presents, among other things, employees’s payroll contributions toward their retirement accounts withheld by public corporations and municipalities.1 These amounts have not been remitted by the public corporations and municipalities to the appropriate retirement accounts, potentially in violation of the law. We first wrote to your offices on April 30, 2019 to raise this matter with you and subsequently made referrals to the Puerto Rico Department of Justice and the United States Attorney for those offices to investigate this serious matter.2 The Oversight Board is deeply concerned about the $21.1 million in employee payroll contributions currently being withheld by various public corporations and municipalities. Some of these amounts pre-date the enactment of Act 106-2017 and date back as far as 2017.3 By

1 See Attachment A for a copy of the full PayGo Report. 2 See Attachment B for the communication to the Government of Puerto Rico on April 30, 2019. On May 31, 2019, at the request of the Oversight Board, an attorney from Proskauer Rose contacted by phone and followed up by letter to Ms. Rosa E. Rodríguez-Velez, United States Attorney. 3 The 2017 values were identified in separate reporting data made available from ERS to the Oversight Board. The 2017 values represent employee contributions to legacy defined benefit plans currently being withheld by certain public corporations and municipalities.

Mr. Omar Marrero Díaz Mr. Luis Collazo Rodríguez February 21, 2020 Page 2 of 4


withholding the transfer of these amounts, the employers identified in the table below could be in violation of law, specifically Article 3.6(a)(1) of Act 106-2017, which states “The individual contributions made by a Participant of the New Defined Contribution Plan, as required in this Act, shall be credited once they are remitted by the employer.” A list of the public corporations and municipalities that have accumulated overdue balances as of December 31, 2019, the latest reporting data provided by AAFAF, is shown below: Public corporations and municipalities that have unremitted employee withholdings

Fiscal responsibility goes hand-in-hand with trust in government. Mishandling the hard-earned employee contributions from the paychecks of government workers is unethical, immoral, and potentially illegal. Failure to remedy this grievous treatment of its public sector workers impairs government credibility with employees and the restoration of fiscal stability. Accordingly, the Oversight Board requires the government to swiftly take the following actions:

1. No later than February 28, 2020, confirm that the balances in the table above, as reported by AAFAF and ERS to the Oversight Board, are employee retirement funds that have been withheld by the respective public corporation and municipality above. If there was an error in the data provided by the government to the Oversight Board, and the balance listed above is incorrect, a clear explanation of the reason for the error must be provided.

2. Confirm that all overdue balances will be collected, in full, and credited to an account in the respective employees’ name no later than March 6, 2020. Daily updates on the progress of payments between the date of this letter and March 6 must be provided from the Retirement Board to the Oversight Board.

3. No later than March 6, 2020, an explanation from the Retirement Board of steps being taken to prevent the continued non-payment of withheld employee contributions going forward.

($ thousands)

Entity FY17* FY18 FY19 FY20 Total Entity FY17* FY18 FY20 TotalPR Med. Services Administration 15,792 - - - 15,792 Ponce - - 294 294 Metropolitan Bus Authority 3,834 - 130 796 4,761 Arecibo 123 - 65 188 Environmental Quality Board 310 - - 68 378 Yauco - - 135 135 HTA - - - 191 191 Río Grande - - 62 62 Ponce Muelle - - 4 3 7 Ciales - - 38 38 Agricultural Insurance Corp. 7 7 Florida - - 33 33

Total $19,935 $0 $134 $1,066 $21,136 Patillas - - 23 23 Loiza - - 19 19

* Fiscal year 2017 balance relate to employee withholdings to fund contributions to defined Arroyo 19 19 benefit plans (as of November 2019) Sabana Grande - - 16 16 ** AAFAF reported no no unremitted municipal withheld contributions from fiscal year 2019 Maricao - - 16 16

San Lorenzo - - 15 15 Maunabo - - 14 14 Guanica 11 11 Total $123 $0 $761 $884

Public Corporations Municipalities**



I trust this matter will receive, and be resolved with, the urgent attention it deserves. If these overdue balances are not remitted by the respective employers, in full, to the Employee Retirement System by March 6, 2020, the Oversight Board will refer this matter to both the U.S. and Puerto Rico Department of Justice for the fullest prosecution permitted under the law. Sincerely, Natalie A. Jaresko CC: The Honorable Wanda Vázquez Garced The Honorable Thomas Rivera Schatz The Honorable Carlos Méndez Núñez



Attachment A

PayGo and Individual Contribution Debt by Entity Report As of December 31, 2019 (Submitted February 18, 2020)

Requirement 6

PayGo

PayGo and Individual Contribution Debt by Entity

For the month of December FY20

Confidential

Attachment A

Disclaimer

-

The Puerto Rico Fiscal Agency and Financial Advisory Authority (“AAFAF”), the Government of Puerto Rico (the “Government”), and each of their respective officers, directors,

employees, agents, attorneys, advisors, members, partners or affiliates (collectively, with AAFAF and the Government the “Parties”) make no representation or warranty,

express or implied, to any third party with respect to the information contained herein and all Parties expressly disclaim any such representations or warranties.

- The Parties do not owe or accept any duty or responsibility to any reader or recipient of this presentation, whether in contract or tort, and shall not be liable for or in respect of

any loss, damage (including without limitation consequential damages or lost profits) or expense of whatsoever nature of such third party that may be caused by, or alleged to

be caused by, the use of this presentation or that is otherwise consequent upon the gaining of access to this document by such third party.

- This document does not constitute an audit conducted in accordance with generally accepted auditing standards, an examination of internal controls or other attestation or

review services in accordance with standards established by the American Institute of Certified Public Accountants or any other organization. Accordingly, the Parties do not

express an opinion or any other form of assurance on the financial statements or any financial or other information or the internal controls of the Government and the

information contained herein.

- Any statements and assumptions contained in this document, whether forward-looking or historical, are not guarantees of future performance and involve certain risks,

uncertainties, estimates and other assumptions made in this document. The economic and financial condition of the Government and its instrumentalities is affected by

various financial, social, economic, environmental and political factors. These factors can be very complex, may vary from one fiscal year to the next and are frequently the

result of actions taken or not taken, not only by the Government and its agencies and instrumentalities, but also by entities such as the government of the United States.

Because of the uncertainty and unpredictability of these factors, their impact cannot be included in the assumptions contained in this document. Future events and actual

- This document does not constitute an audit of compliance with any federal law, rule or regulation.

- By receiving this document, the recipient shall be deemed to have acknowledged and agreed to the terms of these limitations.

-This document may contain capitalized terms that are not defined herein, or may contain terms that are discussed in other documents or that are commonly understood. You

should make no assumptions about the meaning of capitalized terms that are not defined, and you should consult with advisors of AAFAF should clarification be required.

-Post Hurricane Maria has affected systems, communications or management availability due to prioritization of recovery and reconstruction activities in some component

units.

- This is affecting timing, reliability and, therefore, integrity of information and data.

- Continuous efforts are being made to enhance data integrity progressively.

Confidential

July August September October November December TotalPayGo Invoices

Central Government (b) 108,861,493$ 100,521,733$ 100,137,167$ 100,276,971$ 100,210,300$ 118,773,710$ 628,781,375$

Government Entities (c) 30,120,244 28,774,525 28,870,556 28,784,770 28,856,194 30,597,245 176,003,535

Municipalities (b) - - - - - - -

Judiciary Retirees 2,376,323 2,247,902 2,253,902 2,245,847 2,243,790 2,504,335 13,872,098

Teacher Retirees 71,983,796 69,618,575 71,847,488 72,543,069 78,423,865 71,885,948 436,302,742Total 213,341,855$ 201,162,735$ 203,109,114$ 203,850,657$ 209,734,150$ 223,761,238$ 1,254,959,750$

PayGo Collections Central Government (b) 108,861,493$ 100,521,733$ 100,137,167$ 100,276,971$ 100,210,300$ 118,773,710$ 628,781,375$


Municipalities (b) - - - - - - -

Judiciary Retirees 2,376,323 2,247,902 2,253,902 2,245,847 2,243,790 2,504,335 13,872,098

Teacher Retirees 71,983,796 69,618,575 71,847,488 72,543,069 78,423,865 71,885,948 436,302,742 Total 212,125,900$ 200,062,606$ 201,990,417$ 201,139,224$ 203,382,764$ 214,341,329$ 1,233,042,240$

PayGo Debt

Central Government -$ -$ -$ -$ -$ -$ -$


Municipalities - - - - - - -

Judiciary Retirees - - - - - - - Teacher Retirees - - - - - - -

Total 1,215,956$ 1,100,130$ 1,118,697$ 2,711,433$ 6,351,386$ 9,419,908$ 21,917,510$

(a) Invoices of previous months may fluctuate because of credits issued due to Employers claims.

Summary of PayGo Invoices and Debt Balances (a)FY2020

(b) Due to enacted Law 29 , there have been no PayGo invoices or collections from the Municipalities in FY2020.

(c) Governmental authorities with autonomous structure separate from the central government administration and with independent treasury functions.

Confidential 3

July August September October November December TotalIndividual Contribution Collections

Central Government 8,446,234$ 8,230,231$ 8,259,683$ 8,247,775$ 8,206,727$ 8,233,857$ 49,624,507$

Government Entities 8,076,508 10,364,952 10,424,685 4,309,219 4,227,308 3,944,583 41,347,255

Municipalities 3,415,860 3,433,467 3,380,758 3,328,024 3,246,818 2,734,701 19,539,627

Judiciary Retirees 234,541 235,741 234,349 233,530 232,699 231,542 1,402,403

Teacher Retirees 540,873 371,454 625,084 641,953 660,156 657,708 3,497,227 Total 20,714,015$ 22,635,845$ 22,924,558$ 16,760,500$ 16,573,708$ 15,802,392$ 115,411,019$

Individual Contribution Debt

Central Government -$ -$ -$ -$ -$ -$ -$

Government Entities 128,187 168,169 127,167 124,932 125,424 392,324 1,066,202

Municipalities - - 35,212 76,482 148,164 501,077 760,934

Judiciary Retirees - - - - - - -

Teacher Retirees - - - - - - - Total 128,187$ 168,169$ 162,379$ 201,413$ 273,588$ 893,401$ 1,827,136$

(a) Invoices of previous months may fluctuate because of credits issued due to Employers claims.

Summary of Individual Contribution Collections and Debt Balances (a)FY2020

Confidential 4

Municipalities and Corporations Payment PlansAs of January FY2020

Code EntityPayment Plan

ExecutedNegotiations Terms (Month) Concept Status Amount

378 MUNICIPIO CANÓVANAS Yes 24 Pay-Go 2017-2018 and June 2017 debts Signed 456,736

360 MUNICIPIO SABANA GRANDE Yes 60 Pay-Go 2017-2018 Signed 267,941

312 MUNICIPIO CABO ROJO Yes 72 Pay-Go 2017 & 2019 Signed 1,355,393

206 AUT. PUERTOS Yes Pay-Go 2017 & 2019 Waiting for Legal Department to be drafted as final -

355 MUNICIPIO PEÑUELAS Yes 60 Pay-Go 2017-2018 Signed 624,104

317 MUNICIPIO CAYEY Yes 19 Pay-Go 2017 & 2019 Signed 2,564,605

329 MUNICIPIO GUAYANILLA Yes 60 Pay-Go 2017 & 2019 Signed 498,642

356 MUNICIPIO PONCE Yes 72 Pay-Go 2017 & 2019 Signed 9,664,130

375 MUNICIPIO YABUCOA Yes 20 AUC 2016-2017 Signed 938,345

308 MUNICIPIO ARROYO Yes 72 AUC 2016-2017 Signed 508,411

354 MUNICIPIO PATILLAS Yes 48 Pay-Go 2018 & 2019 Signed 642,572

368 MUNICIPIO TOA BAJA Yes 72 Pay-Go and June 2017 debts Waiting for Legal Department to be drafted as final 9,747,348

377 MUNICIPIO FLORIDA Yes Pay-Go 2018 & 2019 y AUC 2015-2017 y LE Signed 626,831

321 MUNICIPIO COAMO Yes AUC 2016-2017 Signed 453,703

369 MUNICIPIO TRUJILLO ALTO Yes 60 AUC 2016-2017 Documents Pending from the Municipality -

352 MUNICIPIO NARANJITO Yes 37 AUC 2016-2017 Signed 316,930

376 MUNICIPIO YAUCO Yes 21 June 2017 Debts Documents Pending from the Municipality -

222 CIA. DE FOMENTO INDUSTRIAL Yes 72 Pay-Go 2017 & 2019 Signed 11,584,132

359 MUNICIPIO RÍO GRANDE Yes 72 Pay-Go 2017 & 2019 y Patronal y AAU 2016-2017 Signed 1,842,288

374 MUNICIPIO VILLALBA Yes 36 AAU 2015-2017 Y Aportacuion Patronal Signed 695,757

334 MUNICIPIO HUMACAO Yes 72 AUC 2016-2017 Signed 1,351,816

249 CORPORACIÓN DIFUSIÓN PÚBLICA Yes 12 Pay-Go 2017-2018 Waiting for Legal Department to be drafted as final 149,224

366 MUNICIPIO SANTA ISABEL Yes 60 Pay-Go 2017-2018 y 2018-2019 Waiting for Legal Department to be drafted as final 1,538,736

318 MUNICIPIO CEIBA Yes 72 Pay-Go 2017-2018 Signed 787,691

372 MUNICIPIO VEGA BAJA Yes 5 Pay-Go 2018-2019 Signed 263,929

343 MUNICIPIO LOIZA Yes 60 AUC 2016-2017 Signed 422,883

341 MUNICIPIO LAS MARIAS Yes 72 AUC 2016-2017 Signed 292,390

341 MUNICIPIO LAS MARIAS Yes 72 Pay-Go 2017-2018 Signed 502,807

362 MUNICIPIO SAN GERMAN Yes 72 AUC 2016-2017 Signed 472,825

207 AUT. DE TIERRAS Yes Pay Go 2017 & 2019 Documents Pending from the Corporation -

313 MUNICIPIO CAGUAS Yes 18 Pay Go 2017 & 2019 Signed 2,371,691

221 CIA. COMERCIO Y EXPORTACIÓN Yes 60 Pay-Go 2017-2018 Signed 2,475,996

347 MUNICIPIO MAUNABO Yes 48 Pay Go 2017 & 2019 Signed 657,799

348 MUNICIPIO MAYAGUEZ Yes 72 Paygo 2017 & 2019 Signed 5,699,799

Confidential 5

Government Entities & Municipalities

PayGo Invoices

Confidential 6

Government Entities & Municipalities PayGo Invoices SummaryDecember FY2020

Category FY2018 FY2019 July August September October November December FY2020 TotalGovernment Entities 363,890,808$ 355,391,451$ 30,120,244$ 28,774,525$ 28,870,556$ 28,784,770$ 28,856,194$ 30,597,245$ 176,003,535$ 895,285,794$

Municipalities 158,215,462 164,544,788 - - - - - - -$ 322,760,250

522,106,270$ 519,936,239$ 30,120,244$ 28,774,525$ 28,870,556$ 28,784,770$ 28,856,194$ 30,597,245$ 176,003,535$ 1,218,046,044$

Code Entity FY2018 FY2019 July August September October November December FY2020 Total101 SENADO DE PR 275,782$ -$ -$ -$ -$ -$ -$ -$ -$ 275,782$

103 CÁMARA DE PR 323,999 - - - - - - - - 323,999

114 OFICINA DEL CONTRALOR - 3,859,545 - - - - - - - 3,859,545

115 ASEM 21,052,302 - - - - - - - - 21,052,302

123 COMISIÓN SEGURIDAD EN EL TRÁNSITO 226,625 - - - - - - - - 226,625

163 CORP. FOND. SEG. ESTADO 95,352,745 96,190,565 8,179,747 8,018,286 8,053,028 8,017,920 8,009,232 8,498,397 48,776,609 240,319,919

166 OFICINA INSPECTRO COOPERATIVAS - 293,450 34,285 32,669 33,176 33,897 33,897 38,297 206,221 499,671

201 A.A.A. 93,639,092 93,671,192 8,178,578 7,677,427 7,679,484 7,656,586 7,648,328 8,546,004 47,386,406 234,696,690

203 AUT. EDIFICIO PÚBLICOS 2,420,554 23,069,350 1,991,156 1,918,600 1,943,356 1,922,025 1,927,944 2,094,244 11,797,324 37,287,228

205 A.M.A. 13,587,762 2,361,368 - - - - - - - 15,949,130

206 AUT. PUERTOS 25,185,821 24,974,615 2,157,177 2,041,626 2,050,750 2,048,153 2,112,781 2,271,336 12,681,822 62,842,257

207 AUT. DE TIERRAS 3,061,803 3,226,439 288,436 273,271 273,550 276,532 273,900 309,401 1,695,091 7,983,333

208 AUT. CARRETERAS 33,631,919 34,682,663 3,076,548 2,887,337 2,874,909 2,888,035 2,866,828 3,212,753 17,806,409 86,120,992

210 AUT. DESP. SÓLIDOS - 37,374 - - - - - - - 37,374

211 ADM. TERRENOS 2,212,200 2,241,613 187,190 176,702 176,002 176,112 176,765 194,458 1,087,230 5,541,043

212 CORP. CENTRO DE BELLAS ARTES 345,250 84,879 - - - - - - - 430,129

214 A.C.A.A. 12,638,523 12,755,722 1,110,363 1,062,340 1,086,497 1,068,011 1,071,249 1,152,432 6,550,891 31,945,136

217 ARTES MUSICALES 155,574 16,240 - - - - - - - 171,815

218 AEELA 8,292,871 8,530,266 724,671 691,234 700,611 695,872 703,007 761,273 4,276,668 21,099,804

221 CIA. COMERCIO Y EXPORTACIÓN 3,584,110 2,678,261 235,923 224,427 223,827 224,143 229,014 246,276 1,383,610 7,645,981

222 CIA. DE FOMENTO INDUSTRIAL 15,384,502 15,408,067 1,285,655 1,239,454 1,251,058 1,225,699 1,222,906 1,338,675 7,563,448 38,356,017

224 CIA DE TURISMO 5,557,219 5,696,606 509,218 490,734 485,299 480,403 479,890 531,411 2,976,956 14,230,781

227 CENTRO CARDIOVASCULAR 1,181,045 1,312,882 133,171 118,649 119,865 118,713 124,854 132,527 747,779 3,241,706

228 C.O.S.S.E.C. 269,859 430,970 45,493 44,393 44,393 49,312 47,250 49,650 280,491 981,320

235 A.C.D. CULEBRA 12,900 - - - - - - - - 12,900

236 SERV. EXT. AGRÍCOLA 5,103,072 4,838,469 407,766 391,705 387,817 387,263 393,360 425,609 2,393,520 12,335,061

237 DEPTO DESARROLLO ECONÓMICO - 55,160 6,985 6,885 9,744 26,505 25,440 15,587 91,146 146,306

241 ASD. AGROPECUARIO 11,059,755 10,803,555 846,750 791,793 786,088 799,618 810,400 - 4,034,649 25,897,959

242 OFICINA ÉTICA GUBERNAMENTAL 476,378 520,606 47,903 46,585 46,344 46,344 46,344 49,944 283,464 1,280,448

243 INSTITUTO CIENCIAS FORENSE 382,783 111,278 - - - - - - - 494,062

245 BCO. DES. ECONÓMICO 1,047,004 1,221,547 113,035 111,659 111,162 109,618 109,618 118,918 674,011 2,942,563

249 CORPORACIÓN DIFUSIÓN PÚBLICA 434,465 - - - - - - - - 434,465

264 OFICINA SERVICIOS LEGISLATIVOS 121,266 - - - - - - - - 121,266

270 CORPORACIÓN DE SEGUROS AGRÍCOLAS 111,666 121,788 10,081 9,681 9,681 9,681 9,681 10,481 59,284 292,739

271 FID.INST GUARDIA NACIONAL 45,082 45,082 3,907 3,707 3,707 3,707 3,707 4,107 22,841 113,005

272 ESCUELA ARTES PLÁSTICAS 199,208 - - - - - - - - 199,208

279 CENTRO RECAUDACIONES INGRESOS MUN. 5,108,355 5,040,473 441,673 416,048 416,636 415,454 416,687 466,883 2,573,381 12,722,209

292 ADM. SEGUROS DE SALUD 46,446 326,417 - - - - - - - 372,864

295 CONSERVATORIO DE MÚSICA 326,996 201,700 - - - - - - - 528,696

296 SISTEMA 911 184,379 192,051 17,346 16,946 16,946 16,946 16,946 17,746 102,875 479,304

Confidential 7



Municipalities 158,215,462 164,544,788 - - - - - - -$ 322,760,250

522,106,270$ 519,936,239$ 30,120,244$ 28,774,525$ 28,870,556$ 28,784,770$ 28,856,194$ 30,597,245$ 176,003,535$ 1,218,046,044$

Code Entity FY2018 FY2019 July August September October November December FY2020 Total

379 PONCE MUELLE 267,342 274,069 24,041 21,741 21,741 21,741 21,741 26,341 137,346 678,757

502 AUTORIDAD TRANSPORTE MARÍTIMO 584,154 117,188 63,147 60,627 64,884 66,483 74,427 84,494 414,062 1,115,403

363,890,808$ 355,391,451$ 30,120,244$ 28,774,525$ 28,870,556$ 28,784,770$ 28,856,194$ 30,597,245$ 176,003,535$ 895,285,794$

Confidential 8



Municipalities (a) 158,215,462 164,544,788 - - - - 322,760,250

522,106,270$ 519,936,239$ 30,120,244$ 28,774,525$ 28,870,556$ 176,003,535$ 1,218,046,044$

Code Entity FY2018 FY2019 July August September October November December FY2020 Total301 MUNICIPIO ADJUNTAS 630,629 673,526 - - - - - - 1,304,156

302 MUNICIPIO AGUADA 1,148,725 1,129,666 - - - - - - 2,278,390

303 MUNICIPIO AGUADILLA 2,370,171 2,380,227 - - - - - - 4,750,398

304 MUNICIPIO AGUAS BUENAS 438,523 492,244 - - - - - - 930,767

305 MUNICIPIO AIBONITO 417,080 427,987 - - - - - - 845,067

306 MUNICIPIO AÑASCO 469,404 507,723 - - - - - - 977,127

307 MUNICIPIO ARECIBO 3,572,537 3,526,154 - - - - - - 7,098,691

308 MUNICIPIO ARROYO 269,570 319,561 - - - - - - 589,131

309 MUNICIPIO BARCELONETA 571,788 566,274 - - - - - - 1,138,062

310 MUNICIPIO BARRANQUITAS 933,903 1,071,907 - - - - - - 2,005,810

311 MUNICIPIO BAYAMÓN 5,548,936 5,538,340 - - - - - - 11,087,276

312 MUNICIPIO CABO ROJO 1,164,779 1,243,910 - - - - - - 2,408,688

313 MUNICIPIO CAGUAS 6,910,493 6,897,677 - - - - - - 13,808,170

314 MUNICIPIO CAMUY 873,386 885,245 - - - - - - 1,758,631

315 MUNICIPIO CAROLINA 8,969,785 9,284,930 - - - - - - 18,254,714

316 MUNICIPIO CATAÑO 1,647,826 1,699,318 - - - - - - 3,347,144

317 MUNICIPIO CAYEY 1,547,049 1,664,162 - - - - - - 3,211,211

318 MUNICIPIO CEIBA 664,314 671,504 - - - - - - 1,335,818

319 MUNICIPIO CIALES 577,942 591,047 - - - - - - 1,168,990

320 MUNICIPIO CIDRA 1,236,935 1,321,855 - - - - - - 2,558,791

321 MUNICIPIO COAMO 731,756 718,580 - - - - - - 1,450,337

322 MUNICIPIO COMERÍO 737,290 739,916 - - - - - - 1,477,206

323 MUNICIPIO COROZAL 724,312 702,057 - - - - - - 1,426,369

324 MUNICIPIO CULEBRA 180,940 191,962 - - - - - - 372,902

325 MUNICIPIO DORADO 1,299,585 1,320,475 - - - - - - 2,620,060

326 MUNICIPIO FAJARDO 1,124,908 1,074,179 - - - - - - 2,199,087

327 MUNICIPIO GUÁNICA 153,174 160,395 - - - - - - 313,569

328 MUNICIPIO GUAYAMA 429,296 420,137 - - - - - - 849,433

329 MUNICIPIO GUAYANILLA 822,220 825,163 - - - - - - 1,647,383

330 MUNICIPIO GUAYNABO 8,276,297 8,412,323 - - - - - - 16,688,620

331 MUNICIPIO GURABO 611,902 657,663 - - - - - - 1,269,565

332 MUNICIPIO HATILLO 812,941 792,401 - - - - - - 1,605,342

333 MUNICIPIO HORMIGUEROS 781,440 807,127 - - - - - - 1,588,566

334 MUNICIPIO HUMACAO 2,102,887 2,028,659 - - - - - - 4,131,546

335 MUNICIPIO ISABELA 1,089,604 1,056,787 - - - - - - 2,146,391

336 MUNICIPIO JAYUYA 331,234 359,537 - - - - - - 690,771

337 MUNICIPIO JUANA DÍAZ 704,018 742,790 - - - - - - 1,446,807

338 MUNICIPIO JUNCOS 806,532 785,267 - - - - - - 1,591,799

339 MUNICIPIO LAJAS 993,678 832,877 - - - - - - 1,826,555

340 MUNICIPIO LARES 872,680 914,034 - - - - - - 1,786,714

Confidential 9



Municipalities (a) 158,215,462 164,544,788 - - - - 322,760,250

522,106,270$ 519,936,239$ 30,120,244$ 28,774,525$ 28,870,556$ 176,003,535$ 1,218,046,044$


341 MUNICIPIO LAS MARIAS 613,849 620,556 - - - - - - 1,234,406

342 MUNICIPIO LAS PIEDRAS 765,427 717,104 - - - - - - 1,482,532

343 MUNICIPIO LOIZA 452,184 467,842 - - - - - - 920,027

344 MUNICIPIO LUQUILLO 749,184 734,061 - - - - - - 1,483,246

345 MUNICIPIO DE MANATÍ 638,765 705,497 - - - - - - 1,344,262

346 MUNICIPIO MARICAO 489,807 494,941 - - - - - - 984,748

347 MUNICIPIO MAUNABO 549,686 535,180 - - - - - - 1,084,866 348 MUNICIPIO MAYAGUEZ 3,629,191 4,582,271 - - - - - - 8,211,462

349 MUNICIPIO MOCA 387,711 423,386 - - - - - - 811,097

350 MUNICIPIO MOROVIS 1,101,970 1,066,667 - - - - - - 2,168,636

351 MUNICIPIO NAGUABO 240,419 325,634 - - - - - - 566,054

352 MUNICIPIO NARANJITO 902,887 845,496 - - - - - - 1,748,383

353 MUNICIPIO OROCOVIS 350,046 399,271 - - - - - - 749,317

354 MUNICIPIO PATILLAS 677,773 693,992 - - - - - - 1,371,765

355 MUNICIPIO PEÑUELAS 1,131,607 1,123,205 - - - - - - 2,254,812

356 MUNICIPIO PONCE 7,547,933 7,726,023 - - - - - - 15,273,956

357 MUNICIPIO QUEBRADILLAS 697,684 699,452 - - - - - - 1,397,136

358 MUNICIPIO RINCÓN 517,256 474,145 - - - - - - 991,401

359 MUNICIPIO RÍO GRANDE 1,345,836 1,376,541 - - - - - - 2,722,377

360 MUNICIPIO SABANA GRANDE 731,230 784,393 - - - - - - 1,515,623

361 MUNICIPIO SALINAS 736,491 754,945 - - - - - - 1,491,436

362 MUNICIPIO SAN GERMAN 1,293,792 1,320,252 - - - - - - 2,614,044

363 MUNICIPIO SAN JUAN 52,660,771 56,025,885 - - - - - - 108,686,656

364 MUNICIPIO SAN LORENZO 181,792 199,384 - - - - - - 381,176

365 MUNICIPIO SAN SEBASTIAN 1,389,548 1,608,501 - - - - - - 2,998,048

366 MUNICIPIO SANTA ISABEL 813,712 898,762 - - - - - - 1,712,474

367 MUNICIPIO TOA ALTA 786,622 819,342 - - - - - - 1,605,965

368 MUNICIPIO TOA BAJA 3,824,510 3,770,659 - - - - - - 7,595,169

369 MUNICIPIO TRUJILLO ALTO 1,765,442 1,830,118 - - - - - - 3,595,560

370 MUNICIPIO UTUADO 1,162,115 1,195,963 - - - - - - 2,358,078

371 MUNICIPIO VEGA ALTA 772,188 788,752 - - - - - - 1,560,940

372 MUNICIPIO VEGA BAJA 1,505,342 1,563,244 - - - - - - 3,068,586

373 MUNICIPIO VIEQUES 701,186 702,046 - - - - - - 1,403,232

374 MUNICIPIO VILLALBA 141,084 165,566 - - - - - - 306,650

375 MUNICIPIO YABUCOA 597,462 668,682 - - - - - - 1,266,144

376 MUNICIPIO YAUCO 1,221,030 1,276,095 - - - - - - 2,497,125

377 MUNICIPIO FLORIDA 222,248 260,857 - - - - - - 483,105

378 MUNICIPIO CANÓVANAS 1,369,209 1,464,492 - - - - - - 2,833,701 158,215,462$ 164,544,788$ -$ -$ -$ -$ -$ -$ 322,760,250$

Footnote:

(a) Due to enacted Law 29 , there have been no PayGo invoices or collections from the Municipalities in FY2020.

Confidential 10


PayGo Collections

Confidential 11

Government Entities & Municipalities PayGo Collections SummaryDecember FY2020


Municipalities 131,813,002 81,666,786 - - - - - - - 213,479,787

446,568,182$ 407,051,346$ 28,904,289$ 27,674,396$ 27,751,859$ 26,073,336$ 22,504,808$ 21,177,336$ 154,086,025$ 1,007,705,553$

Code Entity FY2018 FY2019 July August September October November December FY2020 Total101 SENADO DE PR 275,782$ -$ -$ -$ -$ -$ -$ -$ -$ 275,782$

103 CÁMARA DE PR 323,999 - - - - - - - - 323,999

114 OFICINA DEL CONTRALOR - 3,859,545 - - - - - - - 3,859,545

115 ASEM 21,052,302 - - - - - - - - 21,052,302

123 COMISIÓN SEGURIDAD EN EL TRÁNSITO 226,625 - - - - - - - - 226,625


166 OFICINA INSPECTRO COOPERATIVAS - - - - - - - - - -

201 A.A.A. 90,352,551 91,451,937 7,854,788 7,457,037 7,460,908 7,454,658 7,473,662 8,316,450 46,017,502 227,821,990

203 AUT. EDIFICIO PÚBLICOS 2,420,554 23,069,350 1,991,156 1,918,600 1,943,356 1,922,025 1,927,944 2,094,244 11,797,324 37,287,228

205 A.M.A. - - - - - - - - - -

206 AUT. PUERTOS 2,500,000 24,974,615 2,157,177 2,041,626 2,050,750 2,048,153 2,112,781 - 10,410,486 37,885,101

207 AUT. DE TIERRAS 862,556 276,628 - - - - - - - 1,139,184

208 AUT. CARRETERAS 33,631,919 34,682,663 3,076,548 2,887,337 2,874,909 2,888,035 - - 11,726,828 80,041,411

210 AUT. DESP. SÓLIDOS - - - - - - - - - -

211 ADM. TERRENOS 229,829 2,241,613 187,190 176,702 176,002 176,112 176,765 194,458 1,087,230 3,558,672

212 CORP. CENTRO DE BELLAS ARTES 345,250 70,000 - - - - - - - 415,250

214 A.C.A.A. 12,638,523 12,755,722 1,110,363 1,062,340 1,086,497 1,068,011 1,071,249 1,152,432 6,550,891 31,945,136

217 ARTES MUSICALES 155,574 16,240 - - - - - - - 171,815

218 AEELA 8,292,871 8,530,266 724,671 691,234 700,611 695,872 703,007 761,273 4,276,668 21,099,804

221 CIA. COMERCIO Y EXPORTACIÓN 1,418,480 2,573,639 231,344 220,347 219,847 224,143 - - 895,681 4,887,800

222 CIA. DE FOMENTO INDUSTRIAL 15,384,502 4,306,608 1,285,655 1,239,454 1,251,058 - - - 3,776,167 23,467,277

224 CIA DE TURISMO 5,557,219 5,696,606 509,218 490,734 485,299 480,403 - - 1,965,654 13,219,480


228 C.O.S.S.E.C. 269,859 430,970 45,493 44,393 44,393 49,312 47,250 49,650 280,491 981,320

235 A.C.D. CULEBRA 12,900 - - - - - - - - 12,900

236 SERV. EXT. AGRÍCOLA 5,103,072 - - - - - - - - 5,103,072

237 DEPTO DESARROLLO ECONÓMICO - 55,160 6,985 6,885 9,744 26,505 25,440 15,587 91,146 146,306

241 ASD. AGROPECUARIO 11,059,755 7,291,209 846,750 791,793 786,088 799,618 810,400 - 4,034,649 22,385,613


243 INSTITUTO CIENCIAS FORENSE 382,783 17,248 - - - - - - - 400,031

245 BCO. DES. ECONÓMICO 1,047,004 1,221,547 113,035 111,659 111,162 109,618 109,618 118,918 674,011 2,942,563


264 OFICINA SERVICIOS LEGISLATIVOS 121,266 - - - - - - - - 121,266

270 CORPORACIÓN DE SEGUROS AGRÍCOLAS 111,666 121,788 10,081 9,681 9,681 9,681 - - 39,123 272,577


272 ESCUELA ARTES PLÁSTICAS 199,208 - - - - - - - - 199,208

279 CENTRO RECAUDACIONES INGRESOS MUN. 3,431,070 4,991,537 441,673 416,048 416,636 - - - 1,274,357 9,696,965

292 ADM. SEGUROS DE SALUD 46,446 326,417 - - - - - - - 372,864

295 CONSERVATORIO DE MÚSICA 326,996 201,700 - - - - - - - 528,696

296 SISTEMA 911 184,379 192,051 17,346 16,946 16,946 16,946 16,946 17,746 102,875 479,304

Confidential 12



Municipalities 131,813,002 81,666,786 - - - - - - - 213,479,787

446,568,182$ 407,051,346$ 28,904,289$ 27,674,396$ 27,751,859$ 26,073,336$ 22,504,808$ 21,177,336$ 154,086,025$ 1,007,705,553$


379 PONCE MUELLE 254,802 274,069 - - - - - - - 528,871

502 AUTORIDAD TRANSPORTE MARÍTIMO 584,154 117,188 63,147 60,627 64,884 66,483 - - 255,140 956,482

314,755,180$ 325,384,561$ 28,904,289$ 27,674,396$ 27,751,859$ 26,073,336$ 22,504,808$ 21,177,336$ 154,086,025$ 794,225,766$

Confidential 13



Municipalities (a) 131,813,002 81,666,786 - - - - - - 213,479,787

446,568,182$ 407,051,346$ 28,904,289$ 27,674,396$ 27,751,859$ 26,073,336$ 22,504,808$ 21,177,336$ 154,086,025$ 1,007,705,553$

Code Entity FY2018 FY2019 July August September October November December FY2020 Total301 MUNICIPIO ADJUNTAS 630,629 673,526 - - - - - - - 1,304,156

302 MUNICIPIO AGUADA 1,148,725 1,129,666 - - - - - - - 2,278,390

303 MUNICIPIO AGUADILLA 2,370,171 2,380,227 - - - - - - - 4,750,398

304 MUNICIPIO AGUAS BUENAS 438,523 492,244 - - - - - - - 930,767

305 MUNICIPIO AIBONITO 417,080 427,987 - - - - - - - 845,067

306 MUNICIPIO AÑASCO 469,404 507,723 - - - - - - - 977,127

307 MUNICIPIO ARECIBO 625,758 - - - - - - - - 625,758

308 MUNICIPIO ARROYO 269,570 319,561 - - - - - - - 589,131

309 MUNICIPIO BARCELONETA 571,788 566,274 - - - - - - - 1,138,062

310 MUNICIPIO BARRANQUITAS 933,903 1,071,907 - - - - - - - 2,005,810

311 MUNICIPIO BAYAMÓN 5,548,936 5,538,340 - - - - - - - 11,087,276

312 MUNICIPIO CABO ROJO 621,859 521,745 - - - - - - - 1,143,605

313 MUNICIPIO CAGUAS 4,886,118 6,897,677 - - - - - - - 11,783,795

314 MUNICIPIO CAMUY 873,386 885,245 - - - - - - - 1,758,631

315 MUNICIPIO CAROLINA 8,969,785 5,328,056 - - - - - - - 14,297,840

316 MUNICIPIO CATAÑO 1,647,826 1,699,318 - - - - - - - 3,347,144

317 MUNICIPIO CAYEY 1,160,287 269,368 - - - - - - - 1,429,655

318 MUNICIPIO CEIBA 606,758 54,871 - - - - - - - 661,629

319 MUNICIPIO CIALES 577,942 591,047 - - - - - - - 1,168,990

320 MUNICIPIO CIDRA 1,236,935 1,321,855 - - - - - - - 2,558,791

321 MUNICIPIO COAMO 731,756 718,580 - - - - - - - 1,450,337

322 MUNICIPIO COMERÍO 737,290 739,916 - - - - - - - 1,477,206

323 MUNICIPIO COROZAL 724,312 702,057 - - - - - - - 1,426,369

324 MUNICIPIO CULEBRA 180,940 191,962 - - - - - - - 372,902

325 MUNICIPIO DORADO 1,299,585 1,320,475 - - - - - - - 2,620,060

326 MUNICIPIO FAJARDO 1,124,908 1,074,179 - - - - - - - 2,199,087

327 MUNICIPIO GUÁNICA 153,174 160,395 - - - - - - - 313,569

328 MUNICIPIO GUAYAMA 429,296 420,137 - - - - - - - 849,433

329 MUNICIPIO GUAYANILLA 381,753 825,163 - - - - - - - 1,206,917

330 MUNICIPIO GUAYNABO 8,276,297 8,412,323 - - - - - - - 16,688,620

331 MUNICIPIO GURABO 611,902 657,663 - - - - - - - 1,269,565

332 MUNICIPIO HATILLO 812,941 792,401 - - - - - - - 1,605,342

333 MUNICIPIO HORMIGUEROS 781,440 807,127 - - - - - - - 1,588,566

334 MUNICIPIO HUMACAO 2,102,887 2,028,659 - - - - - - - 4,131,546

335 MUNICIPIO ISABELA 1,089,604 1,056,787 - - - - - - - 2,146,391

336 MUNICIPIO JAYUYA 331,234 355,109 - - - - - - - 686,343

337 MUNICIPIO JUANA DÍAZ 704,018 742,790 - - - - - - - 1,446,807

338 MUNICIPIO JUNCOS 806,532 785,267 - - - - - - - 1,591,799

339 MUNICIPIO LAJAS 993,678 832,877 - - - - - - - 1,826,555

340 MUNICIPIO LARES 872,680 914,034 - - - - - - - 1,786,714

Confidential 14



Municipalities (a) 131,813,002 81,666,786 - - - - - - 213,479,787

446,568,182$ 407,051,346$ 28,904,289$ 27,674,396$ 27,751,859$ 26,073,336$ 22,504,808$ 21,177,336$ 154,086,025$ 1,007,705,553$


341 MUNICIPIO LAS MARIAS 236,514 620,556 - - - - - - - 857,071

342 MUNICIPIO LAS PIEDRAS 765,427 717,104 - - - - - - - 1,482,532

343 MUNICIPIO LOIZA 452,184 467,842 - - - - - - - 920,027

344 MUNICIPIO LUQUILLO 749,184 673,593 - - - - - - - 1,422,778

345 MUNICIPIO DE MANATÍ 638,765 705,497 - - - - - - - 1,344,262

346 MUNICIPIO MARICAO 205,211 - - - - - - - - 205,211

347 MUNICIPIO MAUNABO 239,334 170,833 - - - - - - - 410,167 348 MUNICIPIO MAYAGUEZ 2,749,155 - - - - - - - - 2,749,155

349 MUNICIPIO MOCA 387,711 423,386 - - - - - - - 811,097

350 MUNICIPIO MOROVIS 1,101,970 1,066,667 - - - - - - - 2,168,636

351 MUNICIPIO NAGUABO 240,419 320,883 - - - - - - - 561,302

352 MUNICIPIO NARANJITO 902,887 845,496 - - - - - - - 1,748,383

353 MUNICIPIO OROCOVIS 350,046 399,271 - - - - - - - 749,317

354 MUNICIPIO PATILLAS 478,796 182,582 - - - - - - - 661,378

355 MUNICIPIO PEÑUELAS 382,468 1,123,205 - - - - - - - 1,505,673

356 MUNICIPIO PONCE 7,547,933 3,065,027 - - - - - - - 10,612,960

357 MUNICIPIO QUEBRADILLAS 697,684 699,452 - - - - - - - 1,397,136

358 MUNICIPIO RINCÓN 517,256 474,145 - - - - - - - 991,401

359 MUNICIPIO RÍO GRANDE 1,056,540 818,475 - - - - - - - 1,875,015

360 MUNICIPIO SABANA GRANDE 489,689 784,393 - - - - - - - 1,274,082

361 MUNICIPIO SALINAS 736,491 754,945 - - - - - - - 1,491,436

362 MUNICIPIO SAN GERMAN 1,293,792 1,320,252 - - - - - - - 2,614,044

363 MUNICIPIO SAN JUAN 40,271,985 - - - - - - - - 40,271,985

364 MUNICIPIO SAN LORENZO 181,792 199,384 - - - - - - - 381,176

365 MUNICIPIO SAN SEBASTIAN 1,389,548 1,608,501 - - - - - - - 2,998,048

366 MUNICIPIO SANTA ISABEL 86,869 - - - - - - - - 86,869

367 MUNICIPIO TOA ALTA 786,622 819,342 - - - - - - - 1,605,965

368 MUNICIPIO TOA BAJA 436,420 311,729 - - - - - - - 748,149

369 MUNICIPIO TRUJILLO ALTO 1,765,442 1,830,118 - - - - - - - 3,595,560

370 MUNICIPIO UTUADO 1,162,115 1,195,963 - - - - - - - 2,358,078

371 MUNICIPIO VEGA ALTA 772,188 788,752 - - - - - - - 1,560,940

372 MUNICIPIO VEGA BAJA 1,505,342 1,436,009 - - - - - - - 2,941,352

373 MUNICIPIO VIEQUES 701,186 702,046 - - - - - - - 1,403,232

374 MUNICIPIO VILLALBA 141,084 165,566 - - - - - - - 306,650

375 MUNICIPIO YABUCOA 597,462 488,304 - - - - - - - 1,085,766

376 MUNICIPIO YAUCO 1,221,030 572,539 - - - - - - - 1,793,569

377 MUNICIPIO FLORIDA 222,248 235,898 - - - - - - - 458,146

378 MUNICIPIO CANÓVANAS 1,200,598 1,464,492 - - - - - - - 2,665,090 131,813,002$ 81,666,786$ -$ -$ -$ -$ -$ -$ -$ 213,479,787$

Footnote:

(a) Due to enacted Law 29 , there have been no PayGo invoices or collections from the Municipalities in FY2020.

Confidential 15


PayGo Debt

Confidential 16

Government Entities & Municipalities PayGo Debt SummaryDecember FY2020


Municipalities 26,402,460 82,878,003 - - - - - - 109,280,463

75,538,088$ 112,884,893$ 1,215,956$ 1,100,130$ 1,118,697$ 2,711,433$ 6,351,386$ 9,419,908$ 21,917,510$ 210,340,491$

Code Entity FY2018 FY2019 July August September October November December FY2020 Total101 SENADO DE PR 0$ -$ -$ -$ -$ -$ -$ -$ -$ 0$

103 CÁMARA DE PR - - - - - - - - - -

114 OFICINA DEL CONTRALOR - - - - - - - - - -

115 ASEM - - - - - - - - - -

123 COMISIÓN SEGURIDAD EN EL TRÁNSITO - - - - - - - - - -

163 CORP. FOND. SEG. ESTADO 1,389,206 2,430,890 133,057 156,274 179,856 148,920 154,390 228,397 1,000,895 4,820,991

166 OFICINA INSPECTRO COOPERATIVAS - 293,450 34,285 32,669 33,176 33,897 33,897 38,297 206,221 499,671

201 A.A.A. 3,286,541 2,219,255 323,791 220,389 218,576 201,928 174,666 229,554 1,368,904 6,874,700

203 AUT. EDIFICIO PÚBLICOS - - - - - - - - - -

205 A.M.A. 13,587,762 2,361,368 - - - - - - - 15,949,130

206 AUT. PUERTOS 22,685,821 - - - - - - 2,271,336 2,271,336 24,957,156

207 AUT. DE TIERRAS 2,199,247 2,949,811 288,436 273,271 273,550 276,532 273,900 309,401 1,695,091 6,844,149

208 AUT. CARRETERAS - - - - - - 2,866,828 3,212,753 6,079,581 6,079,581

210 AUT. DESP. SÓLIDOS - 37,374 - - - - - - - 37,374

211 ADM. TERRENOS 1,982,371 - - - - - - - - 1,982,371

212 CORP. CENTRO DE BELLAS ARTES - 14,879 - - - - - - - 14,879

214 A.C.A.A. 0 - - - - - - - - 0

217 ARTES MUSICALES - - - - - - - - - -

218 AEELA - - - - - - - - - -

221 CIA. COMERCIO Y EXPORTACIÓN 2,165,630 104,622 4,580 4,080 3,980 - 229,014 246,276 487,929 2,758,181

222 CIA. DE FOMENTO INDUSTRIAL - 11,101,460 - - - 1,225,699 1,222,906 1,338,675 3,787,280 14,888,740

224 CIA DE TURISMO - - - - - - 479,890 531,411 1,011,301 1,011,301

227 CENTRO CARDIOVASCULAR - - - - - - - - - -

228 C.O.S.S.E.C. - - - - - - - - - -

235 A.C.D. CULEBRA - - - - - - - - - -

236 SERV. EXT. AGRÍCOLA - 4,838,469 407,766 391,705 387,817 387,263 393,360 425,609 2,393,520 7,231,988

237 DEPTO DESARROLLO ECONÓMICO - - - - - - - - - -

241 ASD. AGROPECUARIO 0 3,512,346 - - - - - - - 3,512,346

242 OFICINA ÉTICA GUBERNAMENTAL 0 - - - - - - - - 0

243 INSTITUTO CIENCIAS FORENSE - 94,031 - - - - - - - 94,031

245 BCO. DES. ECONÓMICO 0 - - - - - - - - 0


264 OFICINA SERVICIOS LEGISLATIVOS 0 - - - - - - - - 0

270 CORPORACIÓN DE SEGUROS AGRÍCOLAS - - - - - - 9,681 10,481 20,161 20,161

271 FID.INST GUARDIA NACIONAL - - - - - - - - - -

272 ESCUELA ARTES PLÁSTICAS - - - - - - - - - -

279 CENTRO RECAUDACIONES INGRESOS MUN. 1,677,285 48,935 - - - 415,454 416,687 466,883 1,299,024 3,025,244

292 ADM. SEGUROS DE SALUD - - - - - - - - - -

295 CONSERVATORIO DE MÚSICA - - - - - - - - - -

296 SISTEMA 911 - - - - - - - - - -

Confidential 17



Municipalities 26,402,460 82,878,003 - - - - - - 109,280,463

75,538,088$ 112,884,893$ 1,215,956$ 1,100,130$ 1,118,697$ 2,711,433$ 6,351,386$ 9,419,908$ 21,917,510$ 210,340,491$


379 PONCE MUELLE 12,540 - 24,041 21,741 21,741 21,741 21,741 26,341 137,346 149,886

502 AUTORIDAD TRANSPORTE MARÍTIMO (0) - - - - - 74,427 84,494 158,921 158,921

49,135,628$ 30,006,890$ 1,215,956$ 1,100,130$ 1,118,697$ 2,711,433$ 6,351,386$ 9,419,908$ 21,917,510$ 101,060,028$

Confidential 18



Municipalities 26,402,460 82,878,003 - - - - - - - 109,280,463

75,538,088$ 112,884,893$ 1,215,956$ 1,100,130$ 1,118,697$ 2,711,433$ 6,351,386$ 9,419,908$ 21,917,510$ 210,340,491$

Code Entity FY2018 FY2019 July August September October November December FY2020 Total301 MUNICIPIO ADJUNTAS 0 - - - - - - - - 0

302 MUNICIPIO AGUADA - - - - - - - - - -

303 MUNICIPIO AGUADILLA (0) - - - - - - - - (0)

304 MUNICIPIO AGUAS BUENAS - - - - - - - - - -

305 MUNICIPIO AIBONITO - - - - - - - - - -

306 MUNICIPIO AÑASCO 0 - - - - - - - - 0

307 MUNICIPIO ARECIBO 2,946,779 3,526,154 - - - - - - - 6,472,933

308 MUNICIPIO ARROYO - - - - - - - - - -

309 MUNICIPIO BARCELONETA (0) - - - - - - - - (0)

310 MUNICIPIO BARRANQUITAS 0 - - - - - - - - 0

311 MUNICIPIO BAYAMÓN (0) - - - - - - - - (0)

312 MUNICIPIO CABO ROJO 542,920 722,164 - - - - - - - 1,265,084

313 MUNICIPIO CAGUAS 2,024,375 - - - - - - - - 2,024,375

314 MUNICIPIO CAMUY (0) - - - - - - - - (0)

315 MUNICIPIO CAROLINA 0 3,956,874 - - - - - - - 3,956,874

316 MUNICIPIO CATAÑO - - - - - - - - - -

317 MUNICIPIO CAYEY 386,762 1,394,793 - - - - - - - 1,781,556

318 MUNICIPIO CEIBA 57,556 616,633 - - - - - - - 674,189

319 MUNICIPIO CIALES 0 - - - - - - - - 0

320 MUNICIPIO CIDRA 0 - - - - - - - - 0

321 MUNICIPIO COAMO (0) - - - - - - - - (0)

322 MUNICIPIO COMERÍO 0 - - - - - - - - 0

323 MUNICIPIO COROZAL - - - - - - - - - -

324 MUNICIPIO CULEBRA 0 - - - - - - - - 0

325 MUNICIPIO DORADO - - - - - - - - - -

326 MUNICIPIO FAJARDO - - - - - - - - - -

327 MUNICIPIO GUÁNICA - - - - - - - - - -

328 MUNICIPIO GUAYAMA (0) - - - - - - - - (0)

329 MUNICIPIO GUAYANILLA 440,467 - - - - - - - - 440,467

330 MUNICIPIO GUAYNABO - - - - - - - - - -

331 MUNICIPIO GURABO - - - - - - - - - -

332 MUNICIPIO HATILLO - - - - - - - - - -

333 MUNICIPIO HORMIGUEROS 0 - - - - - - - - 0

334 MUNICIPIO HUMACAO 0 - - - - - - - - 0

335 MUNICIPIO ISABELA (0) - - - - - - - - (0)

336 MUNICIPIO JAYUYA - 4,428 - - - - - - - 4,428

337 MUNICIPIO JUANA DÍAZ (0) - - - - - - - - (0)

338 MUNICIPIO JUNCOS 0 - - - - - - - - 0

339 MUNICIPIO LAJAS - - - - - - - - - -

340 MUNICIPIO LARES - - - - - - - - - -

Confidential 19



Municipalities 26,402,460 82,878,003 - - - - - - - 109,280,463

75,538,088$ 112,884,893$ 1,215,956$ 1,100,130$ 1,118,697$ 2,711,433$ 6,351,386$ 9,419,908$ 21,917,510$ 210,340,491$


341 MUNICIPIO LAS MARIAS 377,335 - - - - - - - - 377,335

342 MUNICIPIO LAS PIEDRAS 0 - - - - - - - - 0

343 MUNICIPIO LOIZA (0) - - - - - - - - (0)

344 MUNICIPIO LUQUILLO - 60,468 - - - - - - - 60,468

345 MUNICIPIO DE MANATÍ 0 - - - - - - - - 0

346 MUNICIPIO MARICAO 284,596 494,941 - - - - - - - 779,537

347 MUNICIPIO MAUNABO 310,352 364,347 - - - - - - - 674,699 348 MUNICIPIO MAYAGUEZ 880,036 4,582,271 - - - - - - - 5,462,307

349 MUNICIPIO MOCA - - - - - - - - - -

350 MUNICIPIO MOROVIS - - - - - - - - - -

351 MUNICIPIO NAGUABO (0) 4,751 - - - - - - - 4,751

352 MUNICIPIO NARANJITO 0 - - - - - - - - 0

353 MUNICIPIO OROCOVIS 0 - - - - - - - - 0

354 MUNICIPIO PATILLAS 198,977 511,410 - - - - - - - 710,387

355 MUNICIPIO PEÑUELAS 749,138 - - - - - - - - 749,138

356 MUNICIPIO PONCE (0) 4,660,996 - - - - - - - 4,660,996

357 MUNICIPIO QUEBRADILLAS - - - - - - - - - -

358 MUNICIPIO RINCÓN (0) - - - - - - - - (0)

359 MUNICIPIO RÍO GRANDE 289,295 558,067 - - - - - - - 847,362

360 MUNICIPIO SABANA GRANDE 241,541 - - - - - - - - 241,541

361 MUNICIPIO SALINAS 0 - - - - - - - - 0

362 MUNICIPIO SAN GERMAN - - - - - - - - - -

363 MUNICIPIO SAN JUAN 12,388,787 56,025,885 - - - - - - - 68,414,671

364 MUNICIPIO SAN LORENZO 0 - - - - - - - - 0

365 MUNICIPIO SAN SEBASTIAN - - - - - - - - - -

366 MUNICIPIO SANTA ISABEL 726,843 898,762 - - - - - - - 1,625,605

367 MUNICIPIO TOA ALTA (0) - - - - - - - - (0)

368 MUNICIPIO TOA BAJA 3,388,090 3,458,931 - - - - - - - 6,847,020

369 MUNICIPIO TRUJILLO ALTO 0 - - - - - - - - 0

370 MUNICIPIO UTUADO (0) - - - - - - - - (0)

371 MUNICIPIO VEGA ALTA (0) - - - - - - - - (0)

372 MUNICIPIO VEGA BAJA (0) 127,235 - - - - - - - 127,235

373 MUNICIPIO VIEQUES 0 - - - - - - - - 0

374 MUNICIPIO VILLALBA (0) - - - - - - - - (0)

375 MUNICIPIO YABUCOA - 180,378 - - - - - - - 180,378

376 MUNICIPIO YAUCO 0 703,557 - - - - - - - 703,557

377 MUNICIPIO FLORIDA - 24,959 - - - - - - - 24,959

378 MUNICIPIO CANÓVANAS 168,611 - - - - - - - - 168,611 26,402,460$ 82,878,003$ -$ -$ -$ -$ -$ -$ -$ 109,280,463$

Confidential 20


Individual Contribution

Confidential 21

Government Entities & Municipalities Individual Contribution Collections SummaryDecember FY2020

2018 2019 7/31/2019 8/31/2019


Municipalities 45,225,914 41,121,243 3,415,860 3,433,467 3,380,758 3,328,024 3,246,818 2,734,701 19,539,627 105,886,784

150,936,833$ 144,153,219$ 11,492,368$ 13,798,419$ 13,805,443$ 7,637,243$ 7,474,126$ 6,679,285$ 60,886,882$ 355,976,934$

Code Entity FY2018 FY2019 July August September October November December FY2020 Total101 SENADO DE PR 106,916$ 30,634 1,843 1,843 1,843$ 1,843$ 1,843$ 1,843$ 11,055$ 148,605$

103 CÁMARA DE PR 91,687 76,917 5,630 5,681 5,766 4,499 4,507 4,507 30,590 199,194

114 OFICINA DEL CONTRALOR 1,929,604 1,796,026 147,173 149,934 150,473 150,747 150,013 150,563 898,903 4,624,533

115 ASEM 4,905,488 4,334,566 350,682 348,608 339,360 335,220 329,804 330,737 2,034,411 11,274,466

123 COMISIÓN SEGURIDAD EN EL TRÁNSITO 126,643 113,604 9,236 9,236 9,236 9,236 9,236 9,236 55,416 295,664

126 JUNTA CALIDAD AMBIENTAL 890,967 795,657 63,035 61,753 61,503 61,527 68,169 - 315,987 2,002,611

149 POLICÍA 42,594,234 47,897,962 3,398,419 5,909,878 6,182,526 - - - 15,490,823 105,983,019



201 A.A.A. 11,504,762 10,032,822 1,157,085 773,631 767,397 765,504 767,134 771,693 5,002,443 26,540,026

203 AUT. EDIFICIO PÚBLICOS 3,480,306 3,050,179 245,226 242,498 239,382 243,506 240,555 242,378 1,453,546 7,984,031

205 A.M.A. 1,853,552 1,479,542 416 416 416 416 416 416 2,499 3,335,592

206 AUT. PUERTOS 1,634,108 1,432,440 114,945 115,158 114,572 121,626 113,969 113,437 693,707 3,760,255

207 AUT. DE TIERRAS 392,509 350,669 28,657 28,737 28,504 28,711 29,786 38,321 182,716 925,894

208 AUT. CARRETERAS 3,742,501 2,870,990 198,446 296,533 195,129 198,228 193,474 - 1,081,810 7,695,301

210 AUT. DESP. SÓLIDOS 115,546 98,251 7,117 6,607 6,607 6,607 - - 26,937 240,734

211 ADM. TERRENOS 247,654 232,649 18,780 18,627 18,623 18,480 18,079 17,939 110,527 590,829

212 CORP. CENTRO DE BELLAS ARTES 122,513 112,953 9,388 8,413 8,413 8,463 - 8,633 43,310 278,775

214 A.C.A.A. 1,315,856 1,152,959 85,827 124,934 83,827 84,159 84,421 83,781 546,948 3,015,763

217 ARTES MUSICALES 88,595 60,378 4,258 4,229 4,264 4,272 4,173 4,272 25,468 174,441

218 AEELA 1,397,523 1,286,639 107,359 106,532 106,853 104,466 106,111 106,332 637,652 3,321,814

219 BANCO GUBERNAMENTAL 705,252 426,635 49,964 52,098 55,357 55,671 71,605 50,726 335,421 1,467,308

221 CIA. COMERCIO Y EXPORTACIÓN 357,440 344,716 18,887 17,930 17,439 17,852 17,658 17,520 107,286 809,442

222 CIA. DE FOMENTO INDUSTRIAL 872,260 701,287 50,824 50,387 49,303 49,695 49,609 49,092 298,909 1,872,456

224 CIA DE TURISMO 1,274,602 1,114,369 91,975 91,426 91,437 92,259 92,528 92,908 552,534 2,941,505


228 C.O.S.S.E.C. 371,649 354,286 28,841 29,054 28,959 28,982 28,758 29,402 173,996 899,930

235 A.C.D. CULEBRA 12,584 5,870 400 239 239 239 239 239 1,595 20,049

236 SERV. EXT. AGRÍCOLA 4,750 5,145 396 396 396 396 396 396 2,375 12,270

237 DEPTO DESARROLLO ECONÓMICO 597,357 841,651 113,809 107,691 108,093 108,097 110,894 109,800 658,385 2,097,393

241 ASD. AGROPECUARIO 895,292 822,694 57,604 57,564 57,499 58,296 58,206 73,881 363,050 2,081,036


243 INSTITUTO MEDICINA FORENCE 649,175 565,672 49,307 52,535 49,105 49,358 51,620 975 252,900 1,467,747

245 BCO. DES. ECONÓMICO 373,844 356,624 28,733 27,083 28,834 28,903 28,883 29,452 171,889 902,357

249 CORPORACIÓN DIFUSIÓN PÚBLICA 453,039 420,948 33,471 32,578 30,705 30,622 30,391 31,030 188,797 1,062,784

250 PANEL FISCAL INDEPENDIENTE 85,479 74,101 5,942 5,906 5,958 5,939 5,973 5,995 35,713 195,294

264 OFICINA SERVICIOS LEGISLATIVOS 34,544 12,224 1,029 1,029 1,029 862 437 437 4,825 51,592

265 SUPERINTENDENCIA DEL CAPITOLIO 16,850 14,581 1,124 1,215 1,225 1,144 1,052 1,052 6,812 38,243

270 CORPORACIÓN DE SEGUROS AGRÍCOLAS 106,977 90,926 7,489 7,489 7,489 7,489 7,489 - 37,443 235,346


Confidential 22


2018 2019 7/31/2019 8/31/2019


Municipalities 45,225,914 41,121,243 3,415,860 3,433,467 3,380,758 3,328,024 3,246,818 2,734,701 19,539,627 105,886,784

150,936,833$ 144,153,219$ 11,492,368$ 13,798,419$ 13,805,443$ 7,637,243$ 7,474,126$ 6,679,285$ 60,886,882$ 355,976,934$


272 ESCUELA ARTES PLÁSTICAS 122,488 116,789 10,599 10,223 10,087 10,087 10,087 10,068 61,150 300,427

279 CENTRO RECAUDACIONES INGRESOS MUN. 1,190,535 1,136,662 96,355 96,975 97,196 97,901 96,859 97,220 582,507 2,909,704

292 ADM. SEGUROS DE SALUD 227,768 207,011 18,439 18,371 18,395 17,977 17,581 18,225 108,987 543,767

293 CONSEJO EDUCACIÓN SUPERIOR 97,936 54,577 - - - - - - - 152,513

295 CONSERVATORIO DE MÚSICA 204,496 192,769 15,927 15,599 15,599 15,746 15,817 16,278 94,964 492,229

296 SISTEMA 911 577,834 487,415 37,205 55,887 37,193 36,538 35,739 35,750 238,312 1,303,561

299 CORP. PROYECTO ENLACE CAÑO MARTIN PEÑA 93,665 93,775 7,333 10,744 6,529 6,382 6,232 6,443 43,664 231,104

379 PONCE MUELLE 45,038 38,161 2,777 4,042 3,376 3,825 3,221 - 17,241 100,439

417 SALUD CORRECCIONAL 1,345,773 307,371 - - - - - - - 1,653,144

502 AUTORIDAD TRANSPORTE MARÍTIMO 681,346 595,329 45,511 53,043 45,640 45,229 42,858 39,356 271,636 1,548,311

506 METROPISTAS 5,118 4,756 392 392 392 392 392 392 2,354 12,228

509 AUTORIDAD TRANSPORTE INTEGRADO 37,840 30,145 4,860 4,860 4,851 4,605 4,605 4,605 28,388 96,373

510 AUT. ASESORÍA FINANCIERA Y AGENCIA FISCAL 336,986 431,580 35,548 34,273 35,092 33,466 18,708 34,995 192,081 960,647

511 AUT. FINANCIAMIENTO VIVIENDA (AFV) 311,838 535,225 46,243 60,341 38,968 38,594 38,763 40,120 263,027 1,110,089

512 AUT. FINANCIAMENTO INFRAESTRUCTURA( AFI) - - - - - - - 7,161 7,161 7,161

301 MUNICIPIO ADJUNTAS 88,529 89,140 6,713 6,715 6,632 6,557 6,456 6,396 39,470 217,139

302 MUNICIPIO AGUADA 440,458 403,521 33,128 33,218 33,437 33,342 32,957 32,798 198,879 1,042,858

303 MUNICIPIO AGUADILLA 721,102 490,921 47,262 70,315 46,584 46,867 47,082 46,949 305,059 1,517,082

304 MUNICIPIO AGUAS BUENAS 146,005 128,736 10,393 10,370 10,392 10,452 15,135 10,051 66,794 341,534

305 MUNICIPIO AIBONITO 247,966 223,290 19,362 19,129 19,061 18,827 19,100 18,917 114,396 585,652

306 MUNICIPIO AÑASCO 142,871 127,301 11,806 11,457 11,426 11,545 11,451 11,304 68,989 339,160

307 MUNICIPIO ARECIBO 928,854 859,414 66,024 66,210 66,042 66,015 - - 264,291 2,052,560

308 MUNICIPIO ARROYO 240,765 238,921 19,705 19,651 19,651 19,651 19,478 - 98,135 577,821

309 MUNICIPIO BARCELONETA 677,807 624,570 57,849 57,649 58,437 58,165 57,990 58,017 348,108 1,650,485

310 MUNICIPIO BARRANQUITAS 211,740 192,721 21,796 23,144 23,821 23,654 23,648 22,561 138,624 543,085

311 MUNICIPIO BAYAMÓN 920,875 827,345 67,287 67,741 67,959 67,956 69,500 71,173 411,616 2,159,836

312 MUNICIPIO CABO ROJO 465,989 406,225 31,593 31,410 31,544 31,087 46,303 30,793 202,732 1,074,946

313 MUNICIPIO CAGUAS 2,024,619 1,808,753 149,409 149,404 149,486 149,539 148,908 148,395 895,140 4,728,512

314 MUNICIPIO CAMUY 245,648 222,715 18,246 18,557 17,957 17,957 17,893 17,957 108,567 576,930

315 MUNICIPIO CAROLINA 2,325,768 2,002,891 163,482 162,864 161,771 161,418 161,341 161,267 972,142 5,300,800

316 MUNICIPIO CATAÑO 879,423 806,546 67,077 67,585 67,140 67,484 67,385 67,061 403,732 2,089,701

317 MUNICIPIO CAYEY 277,229 259,831 21,516 21,461 21,721 21,605 21,531 21,647 129,481 666,542

318 MUNICIPIO CEIBA 260,454 242,389 24,482 24,576 23,829 24,286 24,219 24,696 146,087 648,930

319 MUNICIPIO CIALES 215,498 190,830 18,201 18,142 16,760 18,327 18,290 18,804 108,525 514,853

320 MUNICIPIO CIDRA 603,680 360,350 29,530 28,832 28,267 28,566 28,382 28,424 172,001 1,136,030

321 MUNICIPIO COAMO 237,286 211,916 17,589 17,453 17,526 17,610 17,552 17,608 105,337 554,539

322 MUNICIPIO COMERÍO 165,222 159,638 13,254 13,194 13,097 13,038 13,033 12,917 78,534 403,394

323 MUNICIPIO COROZAL 223,384 214,273 19,865 19,932 19,858 19,840 23,073 23,451 126,018 563,675

324 MUNICIPIO CULEBRA 105,121 92,948 7,312 7,350 7,252 7,160 7,223 6,947 43,244 241,313

325 MUNICIPIO DORADO 551,021 503,056 43,877 44,290 42,959 42,815 42,675 42,413 259,029 1,313,105

Confidential 23


2018 2019 7/31/2019 8/31/2019


Municipalities 45,225,914 41,121,243 3,415,860 3,433,467 3,380,758 3,328,024 3,246,818 2,734,701 19,539,627 105,886,784

150,936,833$ 144,153,219$ 11,492,368$ 13,798,419$ 13,805,443$ 7,637,243$ 7,474,126$ 6,679,285$ 60,886,882$ 355,976,934$


326 MUNICIPIO FAJARDO 268,101 261,025 22,810 22,865 22,950 23,888 24,959 24,946 142,418 671,544

327 MUNICIPIO GUÁNICA 145,355 127,666 10,238 10,093 20,095 10,349 10,528 - 61,303 334,324

328 MUNICIPIO GUAYAMA 526,896 477,669 38,220 37,792 37,508 37,501 37,367 37,234 225,622 1,230,187

329 MUNICIPIO GUAYANILLA 203,078 174,261 20,871 18,038 18,081 18,047 18,086 18,027 111,150 488,489

330 MUNICIPIO GUAYNABO 2,730,498 2,434,141 198,383 198,007 197,946 196,888 195,211 - 986,434 6,151,074

331 MUNICIPIO GURABO 292,154 272,210 22,068 22,011 21,837 21,693 21,410 21,578 130,597 694,961

332 MUNICIPIO HATILLO 617,820 592,332 49,674 49,775 49,654 49,491 53,307 53,329 305,229 1,515,381

333 MUNICIPIO HORMIGUEROS 296,120 266,508 21,849 22,089 22,269 21,988 21,899 21,899 131,992 694,619

334 MUNICIPIO HUMACAO 949,390 838,622 74,669 74,874 74,656 74,161 75,087 75,131 448,578 2,236,590

335 MUNICIPIO ISABELA 286,055 266,328 21,283 21,203 21,064 21,111 20,937 21,041 126,640 679,024

336 MUNICIPIO JAYUYA 108,279 92,455 8,771 8,771 8,730 8,575 8,575 8,497 51,920 252,653 337 MUNICIPIO JUANA DÍAZ 252,300 258,387 21,120 21,070 20,840 20,684 20,605 20,781 125,100 635,788

338 MUNICIPIO JUNCOS 269,467 235,463 19,770 19,723 19,757 19,543 19,431 19,551 117,775 622,705

339 MUNICIPIO LAJAS 296,406 268,485 22,042 21,886 21,886 21,886 21,900 21,795 131,394 696,285

340 MUNICIPIO LARES 259,752 255,117 22,543 22,646 22,649 22,862 22,939 22,941 136,579 651,448

341 MUNICIPIO LAS MARIAS 157,636 146,177 11,970 11,970 11,970 11,959 11,870 11,848 71,585 375,399

342 MUNICIPIO LAS PIEDRAS 288,839 266,847 22,003 21,839 22,135 21,875 21,799 21,544 131,195 686,881

343 MUNICIPIO LOIZA 252,307 223,407 17,830 18,411 18,433 18,400 18,717 - 91,790 567,504

344 MUNICIPIO LUQUILLO 168,036 177,137 14,713 14,908 14,944 14,908 14,986 14,919 89,379 434,552

345 MUNICIPIO DE MANATÍ 648,821 707,931 59,029 59,237 53,502 53,214 53,095 52,984 331,061 1,687,813

346 MUNICIPIO MARICAO 108,985 103,651 8,205 8,164 8,205 8,164 - - 32,737 245,373

347 MUNICIPIO MAUNABO 200,290 178,369 14,498 14,313 14,323 14,318 14,243 - 71,695 450,354

348 MUNICIPIO MAYAGUEZ 512,767 464,886 37,979 37,306 37,655 38,044 37,935 39,624 228,541 1,206,193

349 MUNICIPIO MOCA 421,239 373,921 30,228 29,997 30,040 29,979 29,815 29,838 179,898 975,058

350 MUNICIPIO MOROVIS 256,508 228,869 19,176 19,167 19,440 19,103 29,450 19,778 126,112 611,489

351 MUNICIPIO NAGUABO 242,059 210,388 17,587 17,436 17,274 17,205 17,277 17,311 104,090 556,536

352 MUNICIPIO NARANJITO 282,216 255,271 21,558 21,631 20,860 21,678 21,601 21,496 128,824 666,310

353 MUNICIPIO OROCOVIS 119,050 112,847 9,086 8,959 8,968 8,977 8,977 8,993 53,959 285,856

354 MUNICIPIO PATILLAS 285,510 262,257 23,227 22,992 22,889 22,809 22,790 - 114,708 662,474

355 MUNICIPIO PEÑUELAS 286,092 272,282 23,168 23,265 23,651 23,442 23,429 23,399 140,355 698,729

356 MUNICIPIO PONCE 2,548,655 2,524,106 212,892 205,714 213,746 170,376 169,941 4,899 977,568 6,050,328

357 MUNICIPIO QUEBRADILLAS 228,854 198,771 16,674 16,650 16,092 16,099 15,776 15,719 97,010 524,635

358 MUNICIPIO RINCÓN 252,182 232,246 18,812 18,832 18,718 18,865 19,442 19,059 113,727 598,155

359 MUNICIPIO RÍO GRANDE 410,286 360,612 31,329 31,151 31,155 30,994 157 - 124,786 895,685

360 MUNICIPIO SABANA GRANDE 219,494 195,754 16,085 16,093 16,124 16,118 15,833 - 80,254 495,503

361 MUNICIPIO SALINAS 256,601 235,279 19,230 19,016 19,001 18,935 18,748 18,772 113,702 605,582

362 MUNICIPIO SAN GERMAN 387,960 343,797 27,401 28,828 27,869 28,211 28,315 28,840 169,464 901,220

363 MUNICIPIO SAN JUAN 10,923,981 9,748,371 781,225 784,545 783,941 784,561 787,325 781,481 4,703,079 25,375,431

364 MUNICIPIO SAN LORENZO 205,262 181,179 14,291 14,373 14,501 14,343 15,538 - 73,046 459,487

365 MUNICIPIO SAN SEBASTIAN 221,511 192,312 15,708 15,753 15,568 15,512 15,395 15,447 93,382 507,205

366 MUNICIPIO SANTA ISABEL 143,494 131,797 11,056 10,774 10,671 10,607 10,649 10,649 64,407 339,698

Confidential 24


2018 2019 7/31/2019 8/31/2019


Municipalities 45,225,914 41,121,243 3,415,860 3,433,467 3,380,758 3,328,024 3,246,818 2,734,701 19,539,627 105,886,784

150,936,833$ 144,153,219$ 11,492,368$ 13,798,419$ 13,805,443$ 7,637,243$ 7,474,126$ 6,679,285$ 60,886,882$ 355,976,934$

Code Entity FY2018 FY2019 July August September October November December FY2020 Total367 MUNICIPIO TOA ALTA 299,280 278,003 23,798 25,188 24,059 24,373 24,113 24,476 146,006 723,289

368 MUNICIPIO TOA BAJA 662,555 691,901 58,298 58,428 58,783 60,498 60,860 60,757 357,624 1,712,080

369 MUNICIPIO TRUJILLO ALTO 546,648 515,602 41,000 40,931 41,295 40,905 41,394 41,130 246,655 1,308,906

370 MUNICIPIO UTUADO 253,099 214,731 19,681 19,386 19,636 19,483 19,428 19,538 117,151 584,982

371 MUNICIPIO VEGA ALTA 297,810 286,796 25,794 25,840 25,834 25,622 25,462 25,248 153,800 738,407

372 MUNICIPIO VEGA BAJA 356,100 384,866 32,319 32,041 32,150 31,749 32,131 31,858 192,248 933,214

373 MUNICIPIO VIEQUES 306,752 323,311 26,585 26,590 26,617 26,489 26,622 26,476 159,378 789,441

374 MUNICIPIO VILLALBA 237,121 254,794 21,148 20,972 20,879 20,872 20,901 20,841 125,613 617,527

375 MUNICIPIO YABUCOA 269,267 247,183 21,437 21,608 21,794 21,943 21,955 21,955 130,692 647,142

376 MUNICIPIO YAUCO 413,199 414,543 33,933 33,497 - - - - 67,430 895,171

377 MUNICIPIO FLORIDA 219,789 207,344 16,300 16,848 16,559 16,460 - - 66,167 493,300

378 MUNICIPIO CANÓVANAS 486,675 464,798 39,537 39,327 38,941 38,507 38,008 38,528 232,848 1,184,322 150,936,833$ 144,153,219$ 11,492,368$ 13,798,419$ 13,805,443$ 7,637,243$ 7,474,126$ 6,679,285$ 60,886,882$ 355,976,934$

Confidential 25

Government Entities & Municipalities Individual Contribution Debt SummaryDecember FY2020

7/31/2019 8/31/2019

Category FY2018 FY2019 July August September October November December FY2020 TotalGovernment Entities -$ 134,341$ 128,187$ 168,169$ 127,167$ 124,932$ 125,424$ 392,324$ 1,066,202$ 1,200,543$

Municipalities - - - - 35,212 76,482 148,164 501,077 760,934 760,934

-$ 134,341$ 128,187$ 168,169$ 162,379$ 201,413$ 273,588$ 893,401$ 1,827,136$ 1,961,477$

Code Entity FY2018 FY2019 July August September October November December FY2020 Total101 SENADO DE PR -$ -$ -$ -$ -$ -$ -$ -$ -$ -$

103 CÁMARA DE PR - - - - - - - - - -

114 OFICINA DEL CONTRALOR - - - - - - - - - -

115 ASEM - - - - - - - - - -

123 COMISIÓN SEGURIDAD EN EL TRÁNSITO - - - - - - - - - -

126 JUNTA CALIDAD AMBIENTAL - - - - - - - 68,169 68,169 68,169

149 POLICÍA - - - - - - - - - -

163 CORP. FOND. SEG. ESTADO - - - - - - - - - -


201 A.A.A. - - - - - - - - - -

203 AUT. EDIFICIO PÚBLICOS - - - - - - - - - -

205 A.M.A. - 130,382 128,187 168,169 127,167 124,932 125,424 122,612 796,490 926,872

206 AUT. PUERTOS - - - - - - - - - -

207 AUT. DE TIERRAS - - - - - - - - - -

208 AUT. CARRETERAS - - - - - - - 190,834 190,834 190,834

210 AUT. DESP. SÓLIDOS - - - - - - - - - -

211 ADM. TERRENOS - - - - - - - - - -

212 CORP. CENTRO DE BELLAS ARTES - - - - - - - - - -

214 A.C.A.A. - - - - - - - - - -

217 ARTES MUSICALES - - - - - - - - - -

218 AEELA - - - - - - - - - -

219 BANCO GUBERNAMENTAL - - - - - - - - - -

221 CIA. COMERCIO Y EXPORTACIÓN - - - - - - - - - -

222 CIA. DE FOMENTO INDUSTRIAL - - - - - - - - - -

224 CIA DE TURISMO - - - - - - - - - -

227 CENTRO CARDIOVASCULAR - - - - - - - - - -

228 C.O.S.S.E.C. - - - - - - - - - -

235 A.C.D. CULEBRA - - - - - - - - - -

236 SERV. EXT. AGRÍCOLA - - - - - - - - - -

237 DEPTO DESARROLLO ECONÓMICO - - - - - - - - - -

241 ASD. AGROPECUARIO - - - - - - - - - -

242 OFICINA ÉTICA GUBERNAMENTAL - - - - - - - - - -

243 INSTITUTO MEDICINA FORENCE - - - - - - - - - -

245 BCO. DES. ECONÓMICO - - - - - - - - - -

249 CORPORACIÓN DIFUSIÓN PÚBLICA - - - - - - - - - -

250 PANEL FISCAL INDEPENDIENTE - - - - - - - - - -

264 OFICINA SERVICIOS LEGISLATIVOS - - - - - - - - - -

265 SUPERINTENDENCIA DEL CAPITOLIO - - - - - - - - - -

270 CORPORACIÓN DE SEGUROS AGRÍCOLAS - - - - - - - 7,489 7,489 7,489

271 FID.INST GUARDIA NACIONAL - - - - - - - - - -

Confidential 26


7/31/2019 8/31/2019


Municipalities - - - - 35,212 76,482 148,164 501,077 760,934 760,934

-$ 134,341$ 128,187$ 168,169$ 162,379$ 201,413$ 273,588$ 893,401$ 1,827,136$ 1,961,477$


272 ESCUELA ARTES PLÁSTICAS - - - - - - - - - -

279 CENTRO RECAUDACIONES INGRESOS MUN. - - - - - - - - - -

292 ADM. SEGUROS DE SALUD - - - - - - - - - -

293 CONSEJO EDUCACIÓN SUPERIOR - - - - - - - - - -

295 CONSERVATORIO DE MÚSICA - - - - - - - - - -

296 SISTEMA 911 - - - - - - - - - -

299 CORP PROYECTO ENLACE CAÑO MARTIN PEÑA - - - - - - - - - -

379 PONCE MUELLE - 3,958 - - - - - 3,221 3,221 7,179

417 SALUD CORRECCIONAL - - - - - - - - - -

502 AUTORIDAD TRANSPORTE MARÍTIMO - - - - - - - - - -

506 METROPISTAS - - - - - - - - - -

509 AUTORIDAD TRANSPORTE INTEGRADO - - - - - - - - - -

510 AUT. ASESORÍA FINANCIERA Y AGENCIA FISCAL - - - - - - - - - -

511 AUT. FINANCIAMIENTO VIVIENDA (AFV) - - - - - - - - - -

512 AUT. FINANCIAMENTO INFRAESTRUCTURA( AFI) - - - - - - - - - -

301 MUNICIPIO ADJUNTAS - - - - - - - - - -

302 MUNICIPIO AGUADA - - - - - - - - - -

303 MUNICIPIO AGUADILLA - - - - - - - - - -

304 MUNICIPIO AGUAS BUENAS - - - - - - - - - -

305 MUNICIPIO AIBONITO - - - - - - - - - -

306 MUNICIPIO AÑASCO - - - - - - - - - -

307 MUNICIPIO ARECIBO - - - - - - - 65,453 65,453 65,453

308 MUNICIPIO ARROYO - - - - - - - 19,478 19,478 19,478

309 MUNICIPIO BARCELONETA - - - - - - - - - -

310 MUNICIPIO BARRANQUITAS - - - - - - - - - -

311 MUNICIPIO BAYAMÓN - - - - - - - - - -

312 MUNICIPIO CABO ROJO - - - - - - - - - -

313 MUNICIPIO CAGUAS - - - - - - - - - -

314 MUNICIPIO CAMUY - - - - - - - - - -

315 MUNICIPIO CAROLINA - - - - - - - - - -

316 MUNICIPIO CATAÑO - - - - - - - - - -

317 MUNICIPIO CAYEY - - - - - - - - - -

318 MUNICIPIO CEIBA - - - - - - - - - -

319 MUNICIPIO CIALES - - - - 1,354 - 18,290 18,804 38,449 38,449

320 MUNICIPIO CIDRA - - - - - - - - - -

321 MUNICIPIO COAMO - - - - - - - - - -

322 MUNICIPIO COMERÍO - - - - - - - - - -

323 MUNICIPIO COROZAL - - - - - - - - - -

324 MUNICIPIO CULEBRA - - - - - - - - - -

325 MUNICIPIO DORADO - - - - - - - - - -

Confidential 27


7/31/2019 8/31/2019


Municipalities - - - - 35,212 76,482 148,164 501,077 760,934 760,934

-$ 134,341$ 128,187$ 168,169$ 162,379$ 201,413$ 273,588$ 893,401$ 1,827,136$ 1,961,477$


326 MUNICIPIO FAJARDO - - - - - - - - - -

327 MUNICIPIO GUÁNICA - - - - - - - 10,517 10,517 10,517

328 MUNICIPIO GUAYAMA - - - - - - - - - -

329 MUNICIPIO GUAYANILLA - - - - - - - - - -

330 MUNICIPIO GUAYNABO - - - - - - - - - -

331 MUNICIPIO GURABO - - - - - - - - - -

332 MUNICIPIO HATILLO - - - - - - - - - -

333 MUNICIPIO HORMIGUEROS - - - - - - - - - -

334 MUNICIPIO HUMACAO - - - - - - - - - - 335 MUNICIPIO ISABELA - - - - - - - - - -

336 MUNICIPIO JAYUYA - - - - - - - - - -

337 MUNICIPIO JUANA DÍAZ - - - - - - - - - -

338 MUNICIPIO JUNCOS - - - - - - - - - -

339 MUNICIPIO LAJAS - - - - - - - - - -

340 MUNICIPIO LARES - - - - - - - - - -

341 MUNICIPIO LAS MARIAS - - - - - - - - - -

342 MUNICIPIO LAS PIEDRAS - - - - - - - - - -

343 MUNICIPIO LOIZA - - - - - - - 18,991 18,991 18,991

344 MUNICIPIO LUQUILLO - - - - - - - - - -

345 MUNICIPIO DE MANATÍ - - - - - - - - - -

346 MUNICIPIO MARICAO - - - - - - 8,079 8,040 16,119 16,119

347 MUNICIPIO MAUNABO - - - - - - - 14,254 14,254 14,254

348 MUNICIPIO MAYAGUEZ - - - - - - - - - -

349 MUNICIPIO MOCA - - - - - - - - - -

350 MUNICIPIO MOROVIS - - - - - - - - - -

351 MUNICIPIO NAGUABO - - - - - - - - - -

352 MUNICIPIO NARANJITO - - - - - - - - - -

353 MUNICIPIO OROCOVIS - - - - - - - - - -

354 MUNICIPIO PATILLAS - - - - - - - 22,513 22,513 22,513

355 MUNICIPIO PEÑUELAS - - - - - - - - - -

356 MUNICIPIO PONCE - - - - - 43,000 40,770 210,711 294,482 294,482

357 MUNICIPIO QUEBRADILLAS - - - - - - - - - -

358 MUNICIPIO RINCÓN - - - - - - - - - -

359 MUNICIPIO RÍO GRANDE - - - - - - 30,837 31,049 61,885 61,885

360 MUNICIPIO SABANA GRANDE - - - - - - - 15,904 15,904 15,904

361 MUNICIPIO SALINAS - - - - - - - - - -

362 MUNICIPIO SAN GERMAN - - - - - - - - - -

363 MUNICIPIO SAN JUAN - - - - - - - - - -

364 MUNICIPIO SAN LORENZO - - - - - - - 15,129 15,129 15,129

365 MUNICIPIO SAN SEBASTIAN - - - - - - - - - -

366 MUNICIPIO SANTA ISABEL - - - - - - - - - -

367 MUNICIPIO TOA ALTA - - - - - - - - - -

Confidential 28


7/31/2019 8/31/2019


Municipalities - - - - 35,212 76,482 148,164 501,077 760,934 760,934

-$ 134,341$ 128,187$ 168,169$ 162,379$ 201,413$ 273,588$ 893,401$ 1,827,136$ 1,961,477$

Code Entity FY2018 FY2019 July August September October November December FY2020 Total368 MUNICIPIO TOA BAJA - - - - - - - - - -

369 MUNICIPIO TRUJILLO ALTO - - - - - - - - - -

370 MUNICIPIO UTUADO - - - - - - - - - -

371 MUNICIPIO VEGA ALTA - - - - - - - - - -

372 MUNICIPIO VEGA BAJA - - - - - - - - - -

373 MUNICIPIO VIEQUES - - - - - - - - - -

374 MUNICIPIO VILLALBA - - - - - - - - - -

375 MUNICIPIO YABUCOA - - - - - - - - - -

376 MUNICIPIO YAUCO - - - - 33,857 33,482 33,547 33,775 134,661 134,661

377 MUNICIPIO FLORIDA - - - - - - 16,641 16,459 33,100 33,100

378 MUNICIPIO CANÓVANAS - - - - - - - - - - -$ 134,341$ 128,187$ 168,169$ 162,379$ 201,413$ 273,588$ 893,401$ 1,827,136$ 1,961,477$

Confidential 29


Other Debt

Confidential 30

Government Entities & Municipalities Other Debt SummaryFY2018

Category

Mortgage

Loans

Personal

Loans

Travel

Loans

Disability

Insurance

Unlisted

Services

Act 70

Loans FY18 TotalGovernment Entities -$ 125,089$ 12,500$ 26,589$ 1,078$ -$ 165,256$

Municipalities - 64,211 1,001 28,166 - - 93,378

-$ 189,300$ 13,501$ 54,756$ 1,078$ -$ 258,634$

Code Entity

Mortgage

Loans

Personal

Loans

Travel

Loans

Disability

Insurance

Unlisted

Services

Act 70

Loans FY18 Total101 SENADO DE PR -$ -$ -$ -$ -$ -$ -$

103 CÁMARA DE PR - - - - - - -

114 OFICINA DEL CONTRALOR - - - - - - -

115 ASEM - - - - - - -

123 COMISIÓN SEGURIDAD EN EL TRÁNSITO - - - - - - -

126 JUNTA CALIDAD AMBIENTAL - - - - - - -

149 POLICÍA - - - - - - -

163 CORP. FOND. SEG. ESTADO - - - - - - -

166 OFICINA INSPECTRO COOPERATIVAS - - - - - - -

201 A.A.A. - - - - - - -

203 AUT. EDIFICIO PÚBLICOS - - - - - - -

205 A.M.A. - 125,089 12,500 26,589 1,078 - 165,256

206 AUT. PUERTOS - - - - - - -

207 AUT. DE TIERRAS - - - - - - -

208 AUT. CARRETERAS - - - - - - -

210 AUT. DESP. SÓLIDOS - - - - - - -

211 ADM. TERRENOS - - - - - - -

212 CORP. CENTRO DE BELLAS ARTES - - - - - - -

214 A.C.A.A. - - - - - - -

217 ARTES MUSICALES - - - - - - -

218 AEELA - - - - - - -

219 BANCO GUBERNAMENTAL - - - - - - -

221 CIA. COMERCIO Y EXPORTACIÓN - - - - - - -

222 CIA. DE FOMENTO INDUSTRIAL - - - - - - -

224 CIA DE TURISMO - - - - - - -

227 CENTRO CARDIOVASCULAR - - - - - - -

228 C.O.S.S.E.C. - - - - - - -

235 A.C.D. CULEBRA - - - - - - -

236 SERV. EXT. AGRÍCOLA - - - - - - -

237 DEPTO DESARROLLO ECONÓMICO - - - - - - -

241 ASD. AGROPECUARIO - - - - - - -

242 OFICINA ÉTICA GUBERNAMENTAL - - - - - - -

243 INSTITUTO MEDICINA FORENCE - - - - - - -

245 BCO. DES. ECONÓMICO - - - - - - -

249 CORPORACIÓN DIFUSIÓN PÚBLICA - - - - - - -

250 PANEL FISCAL INDEPENDIENTE - - - - - - -

264 OFICINA SERVICIOS LEGISLATIVOS - - - - - - -

265 SUPERINTENDENCIA DEL CAPITOLIO - - - - - - -

270 CORPORACIÓN DE SEGUROS AGRÍCOLAS - - - - - - -

271 FID.INST GUARDIA NACIONAL - - - - - - -

272 ESCUELA ARTES PLÁSTICAS - - - - - - -

279 CENTRO RECAUDACIONES INGRESOS MUN. - - - - - - -

292 ADM. SEGUROS DE SALUD - - - - - - -

293 CONSEJO EDUCACIÓN SUPERIOR - - - - - - -

295 CONSERVATORIO DE MÚSICA - - - - - - -

296 SISTEMA 911 - - - - - - -

299 CORP PROYECTO ENLACE CAÑO MARTIN PEÑA - - - - - - -

379 PONCE MUELLE - - - - - - -

417 SALUD CORRECCIONAL - - - - - - -

502 AUTORIDAD TRANSPORTE MARÍTIMO - - - - - - -

506 METROPISTAS - - - - - - -

509 AUTORIDAD TRANSPORTE INTEGRADO - - - - - - -

510 AUT. ASESORÍA FINANCIERA Y AGENCIA FISCAL - - - - - - -

511 AUT. FINANCIAMIENTO VIVIENDA (AFV) - - - - - - -

Confidential 31


Category

Mortgage

Loans

Personal

Loans

Travel

Loans

Disability

Insurance

Unlisted

Services

Act 70


Municipalities - 64,211 1,001 28,166 - - 93,378

-$ 189,300$ 13,501$ 54,756$ 1,078$ -$ 258,634$

Code Entity

Mortgage

Loans

Personal

Loans

Travel

Loans

Disability

Insurance

Unlisted

Services

Act 70

Loans FY18 Total

512 AUT. FINANCIAMENTO INFRAESTRUCTURA( AFI) - - - - - - -

301 MUNICIPIO ADJUNTAS - - - - - - -

302 MUNICIPIO AGUADA - - - - - - -

303 MUNICIPIO AGUADILLA - - - - - - -

304 MUNICIPIO AGUAS BUENAS - - - - - - -

305 MUNICIPIO AIBONITO - - - - - - -

306 MUNICIPIO AÑASCO - - - - - - -

307 MUNICIPIO ARECIBO - - - 25,408 - - 25,408

308 MUNICIPIO ARROYO - - - - - - -

309 MUNICIPIO BARCELONETA - - - - - - -

310 MUNICIPIO BARRANQUITAS - - - - - - -

311 MUNICIPIO BAYAMÓN - - - - - - -

312 MUNICIPIO CABO ROJO - - - - - - -

313 MUNICIPIO CAGUAS - - - - - - -

314 MUNICIPIO CAMUY - - - - - - -

315 MUNICIPIO CAROLINA - - - - - - -

316 MUNICIPIO CATAÑO - - - - - - -

317 MUNICIPIO CAYEY - - - - - - -

318 MUNICIPIO CEIBA - - - - - - -

319 MUNICIPIO CIALES - - - - - - -

320 MUNICIPIO CIDRA - - - - - - -

321 MUNICIPIO COAMO - - - - - - -

322 MUNICIPIO COMERÍO - - - - - - -

323 MUNICIPIO COROZAL - - - - - - -

324 MUNICIPIO CULEBRA - - - - - - -

325 MUNICIPIO DORADO - - - - - - -

326 MUNICIPIO FAJARDO - - - - - - -

327 MUNICIPIO GUÁNICA - - - - - - -

328 MUNICIPIO GUAYAMA - - - - - - -

329 MUNICIPIO GUAYANILLA - - - - - - -

330 MUNICIPIO GUAYNABO - - - - - - -

331 MUNICIPIO GURABO - - - - - - -

332 MUNICIPIO HATILLO - - - - - - -

333 MUNICIPIO HORMIGUEROS - - - - - - -

334 MUNICIPIO HUMACAO - - - - - - -

335 MUNICIPIO ISABELA - - - - - - -

336 MUNICIPIO JAYUYA - - - - - - - 337 MUNICIPIO JUANA DÍAZ - - - - - - -

338 MUNICIPIO JUNCOS - - - - - - -

339 MUNICIPIO LAJAS - - - - - - -

340 MUNICIPIO LARES - - - - - - -

341 MUNICIPIO LAS MARIAS - - - - - - -

342 MUNICIPIO LAS PIEDRAS - - - - - - -

343 MUNICIPIO LOIZA - - - - - - -

344 MUNICIPIO LUQUILLO - - - - - - -

345 MUNICIPIO DE MANATÍ - - - - - - -

346 MUNICIPIO MARICAO - 64,211 1,001 2,758 - - 67,970

347 MUNICIPIO MAUNABO - - - - - - -

348 MUNICIPIO MAYAGUEZ - - - - - - -

349 MUNICIPIO MOCA - - - - - - -

350 MUNICIPIO MOROVIS - - - - - - -

351 MUNICIPIO NAGUABO - - - - - - -

352 MUNICIPIO NARANJITO - - - - - - -

353 MUNICIPIO OROCOVIS - - - - - - -

Confidential 32


Category

Mortgage

Loans

Personal

Loans

Travel

Loans

Disability

Insurance

Unlisted

Services

Act 70


Municipalities - 64,211 1,001 28,166 - - 93,378

-$ 189,300$ 13,501$ 54,756$ 1,078$ -$ 258,634$

Code Entity

Mortgage

Loans

Personal

Loans

Travel

Loans

Disability

Insurance

Unlisted

Services

Act 70

Loans FY18 Total

354 MUNICIPIO PATILLAS - - - - - - -

355 MUNICIPIO PEÑUELAS - - - - - - -

356 MUNICIPIO PONCE - - - - - - -

357 MUNICIPIO QUEBRADILLAS - - - - - - -

358 MUNICIPIO RINCÓN - - - - - - -

359 MUNICIPIO RÍO GRANDE - - - - - - -

360 MUNICIPIO SABANA GRANDE - - - - - - -

361 MUNICIPIO SALINAS - - - - - - -

362 MUNICIPIO SAN GERMAN - - - - - - -

363 MUNICIPIO SAN JUAN - - - - - - -

364 MUNICIPIO SAN LORENZO - - - - - - -

365 MUNICIPIO SAN SEBASTIAN - - - - - - -

366 MUNICIPIO SANTA ISABEL - - - - - - -

367 MUNICIPIO TOA ALTA - - - - - - -

368 MUNICIPIO TOA BAJA - - - - - - -

369 MUNICIPIO TRUJILLO ALTO - - - - - - -

370 MUNICIPIO UTUADO - - - - - - -

371 MUNICIPIO VEGA ALTA - - - - - - -

372 MUNICIPIO VEGA BAJA - - - - - - -

373 MUNICIPIO VIEQUES - - - - - - -

374 MUNICIPIO VILLALBA - - - - - - -

375 MUNICIPIO YABUCOA - - - - - - -

376 MUNICIPIO YAUCO - - - - - - -

377 MUNICIPIO FLORIDA - - - - - - -

378 MUNICIPIO CANÓVANAS - - - - - - - -$ 189,300$ 13,501$ 54,756$ 1,078$ -$ 258,634$

Confidential 33


Category

Mortgage

Loans

Personal

Loans

Travel

Loans

Disability

Insurance

Unlisted

Services

Act 70

Loans FY19 TotalGovernment Entities 4,753$ 1,146$ 34$ 3,770$ -$ -$ 9,702$

Municipalities - 64,879 1,335 2,941 - - 69,155

4,753$ 66,025$ 1,368$ 6,712$ -$ -$ 78,857$

Code Entity

Mortgage

Loans

Personal

Loans

Travel

Loans

Disability

Insurance

Unlisted

Services

Act 70


103 CÁMARA DE PR - - - - - - -


115 ASEM - - - - - - -


126 JUNTA CALIDAD AMBIENTAL - - - - - - -

149 POLICÍA - - - - - - -



201 A.A.A. - - - - - - -


205 A.M.A. 4,753 1,146 34 3,770 - - 9,702

206 AUT. PUERTOS - - - - - - -

207 AUT. DE TIERRAS - - - - - - -

208 AUT. CARRETERAS - - - - - - -

210 AUT. DESP. SÓLIDOS - - - - - - -

211 ADM. TERRENOS - - - - - - -


214 A.C.A.A. - - - - - - -


218 AEELA - - - - - - -




224 CIA DE TURISMO - - - - - - -


228 C.O.S.S.E.C. - - - - - - -

235 A.C.D. CULEBRA - - - - - - -











270 CORPORACIÓN DE SEGUROS AGRÍCOLAS - - - - - - -







296 SISTEMA 911 - - - - - - -


379 PONCE MUELLE - - - - - - -



506 METROPISTAS - - - - - - -




Confidential 34


Category

Mortgage

Loans

Personal

Loans

Travel

Loans

Disability

Insurance

Unlisted

Services

Act 70


Municipalities - 64,879 1,335 2,941 - - 69,155

4,753$ 66,025$ 1,368$ 6,712$ -$ -$ 78,857$

Code Entity

Mortgage

Loans

Personal

Loans

Travel

Loans

Disability

Insurance

Unlisted

Services

Act 70

Loans FY19 Total








307 MUNICIPIO ARECIBO - - - - - - -

308 MUNICIPIO ARROYO - - - - - - -











319 MUNICIPIO CIALES - - - - - - -








327 MUNICIPIO GUÁNICA - - - - - - -









336 MUNICIPIO JAYUYA - - - - - - - 337 MUNICIPIO JUANA DÍAZ - - - - - - -

338 MUNICIPIO JUNCOS - - - - - - -

339 MUNICIPIO LAJAS - - - - - - -


341 MUNICIPIO LAS MARIAS - - - - - - -


343 MUNICIPIO LOIZA - - - - - - -



346 MUNICIPIO MARICAO - 58,497 1,335 2,941 - - 62,773

347 MUNICIPIO MAUNABO - - - - - - -







Confidential 35


Category

Mortgage

Loans

Personal

Loans

Travel

Loans

Disability

Insurance

Unlisted

Services

Act 70


Municipalities - 64,879 1,335 2,941 - - 69,155

4,753$ 66,025$ 1,368$ 6,712$ -$ -$ 78,857$

Code Entity

Mortgage

Loans

Personal

Loans

Travel

Loans

Disability

Insurance

Unlisted

Services

Act 70

Loans FY19 Total

354 MUNICIPIO PATILLAS - - - - - - -


356 MUNICIPIO PONCE - - - - - - -



359 MUNICIPIO RÍO GRANDE - - - - - - -

360 MUNICIPIO SABANA GRANDE - - - - - - -




364 MUNICIPIO SAN LORENZO - - - - - - -









373 MUNICIPIO VIEQUES - 6,382 - - - - 6,382



376 MUNICIPIO YAUCO - - - - - - -

377 MUNICIPIO FLORIDA - - - - - - -

378 MUNICIPIO CANÓVANAS - - - - - - - 4,753$ 66,025$ 1,368$ 6,712$ -$ -$ 78,857$

Confidential 36

Government Entities & Municipalities Other Debt SummaryYTD FY2020

Category

Mortgage

Loans

Personal

Loans

Travel

Loans

Disability

Insurance

Unlisted

Services

Act 70

Loans FY20 TotalGovernment Entities 36,095$ 30,451$ 4,694$ 30,563$ 221$ -$ 102,024$

Municipalities 13,339 175,427 15,142 25,363 194 - 229,465

49,433$ 205,878$ 19,836$ 55,926$ 416$ -$ 331,489$

Code Entity

Mortgage

Loans

Personal

Loans

Travel

Loans

Disability

Insurance

Unlisted

Services

Act 70


103 CÁMARA DE PR - - - - - - -


115 ASEM - - - - - - -


126 JUNTA CALIDAD AMBIENTAL 1,162 2,441 625 1,916 221 - 6,366

149 POLICÍA - - - - - - -



201 A.A.A. - - - - - - -


205 A.M.A. 28,611 6,826 830 22,960 - - 59,227

206 AUT. PUERTOS - - - - - - -

207 AUT. DE TIERRAS - - - - - - -

208 AUT. CARRETERAS 6,322 19,484 3,239 5,181 - - 34,225

210 AUT. DESP. SÓLIDOS - - - - - - -

211 ADM. TERRENOS - - - - - - -


214 A.C.A.A. - - - - - - -


218 AEELA - - - - - - -




224 CIA DE TURISMO - - - - - - -


228 C.O.S.S.E.C. - - - - - - -

235 A.C.D. CULEBRA - - - - - - -











270 CORPORACIÓN DE SEGUROS AGRÍCOLAS - 1,208 - 426 - - 1,633







296 SISTEMA 911 - - - - - - -


379 PONCE MUELLE - 492 - 81 - - 573



506 METROPISTAS - - - - - - -




Confidential 37


Category

Mortgage

Loans

Personal

Loans

Travel

Loans

Disability

Insurance

Unlisted

Services

Act 70


Municipalities 13,339 175,427 15,142 25,363 194 - 229,465

49,433$ 205,878$ 19,836$ 55,926$ 416$ -$ 331,489$

Code Entity

Mortgage

Loans

Personal

Loans

Travel

Loans

Disability

Insurance

Unlisted

Services

Act 70

Loans FY20 Total








307 MUNICIPIO ARECIBO 2,883 24,168 693 4,688 164 - 32,596

308 MUNICIPIO ARROYO 597 5,757 342 572 - - 7,268











319 MUNICIPIO CIALES 556 16,130 814 1,092 30 - 18,622








327 MUNICIPIO GUÁNICA 766 4,563 - 310 - - 5,639









336 MUNICIPIO JAYUYA - - - - - - -

337 MUNICIPIO JUANA DÍAZ - - - - - - - 338 MUNICIPIO JUNCOS - - - - - - -

339 MUNICIPIO LAJAS - 111 - - - - 111


341 MUNICIPIO LAS MARIAS - 340 - - - - 340


343 MUNICIPIO LOIZA - 9,234 543 559 - - 10,335



346 MUNICIPIO MARICAO - 20,765 667 1,387 - - 22,820

347 MUNICIPIO MAUNABO - 8,454 111 - - - 8,565







Confidential 38


Category

Mortgage

Loans

Personal

Loans

Travel

Loans

Disability

Insurance

Unlisted

Services

Act 70


Municipalities 13,339 175,427 15,142 25,363 194 - 229,465

49,433$ 205,878$ 19,836$ 55,926$ 416$ -$ 331,489$

Code Entity

Mortgage

Loans

Personal

Loans

Travel

Loans

Disability

Insurance

Unlisted

Services

Act 70

Loans FY20 Total

354 MUNICIPIO PATILLAS - 8,453 605 656 - - 9,714


356 MUNICIPIO PONCE 7,543 2,831 - 8,651 - - 19,025



359 MUNICIPIO RÍO GRANDE 994 20,061 6,088 1,820 - - 28,963

360 MUNICIPIO SABANA GRANDE - 8,270 467 466 - - 9,203




364 MUNICIPIO SAN LORENZO - 1,993 408 442 - - 2,843









373 MUNICIPIO VIEQUES - - 188 783 - - 971



376 MUNICIPIO YAUCO - 28,703 3,252 2,962 - - 34,917

377 MUNICIPIO FLORIDA - 15,595 962 974 - - 17,531

378 MUNICIPIO CANÓVANAS - - - - - - - 49,433$ 205,878$ 19,836$ 55,926$ 416$ -$ 331,489$

Confidential 39


FINANCIAL OVERSIGHT AND MANAGEMENT BOARD FOR PUERTO RICO

Members Andrew G. Biggs

Carlos M. García Arthur J. González

José R. González Ana J. Matosantos David A. Skeel, Jr.

José B. Carrión III Chair Natalie A. Jaresko

Executive Director

BY ELECTRONIC MAIL

April 30, 2019

The Honorable Raúl Maldonado Gautier, Esq., CPA Chief Financial Officer Government of Puerto Rico

Mr. Luis Collazo Rodríguez Administrator & Executive Director Retirement Board & Employees Retirement System Government of Puerto Rico

Dear Secretary Maldonado Gautier and Executive Director Collazo Rodríguez,

I write to you regarding the latest “PayGo and Individual Contribution Debt by Entity” report (the “Report”) submitted monthly by AAFAF to the Oversight Board. The Report lists all pension PayGo fees owed by municipalities and public corporations to the central government for the payment of retiree pension benefits.

Decades of fiscal mismanagement decimated Puerto Rico’s pension funds. When the Oversight Board and the current Government began their work, a PayGo system was implemented to ensure adequate funding of pensions in accordance with PROMESA. Maintaining funding of pension benefits for all retirees is one of the Oversight Board’s highest priorities and something the Board remains dedicated to preserving. That is why we are very concerned with the repeated practice of non-transfer of employee contributions that are required to be set aside, as well as the failure of many municipalities and public corporations to remit their required monthly PayGo fees. The PayGo system is predicated on the assumption that all entities will cover the cost for their retirees. The Oversight Board will continue to make sure pensions are adequately funded, but the Government must also take immediate action to curtail the current situation and resolve these overdue debts.

Attachment B

Hon. Maldonado Gautier Mr. Collazo Rodríguez April 30, 2019 Page 2 of 4


Section 1.6(g) of Act 106-2017 mandates that all participating municipalities and public corporations in Puerto Rico’s Employee Retirement System must pay the PayGo fee. Section 2.1(f) also clearly states every government entity shall earmark the funds needed for the payment of the PayGo fee in their annual general fund budgets. Yet the Report indicates that there is approximately $340 million in accrued debt from 28 public corporations and 66 municipalities since implementation of the PayGo system in 2017. This shortfall includes both failures by municipalities and public corporations to make the required PayGo charge as well as failures to remit individual employee payroll withholdings, which are intended to be deposited in individual retirement accounts being established in those employees’ names. Among the entities that have failed to pay the PayGo fee for their retirees and, as a result, accrued the largest debts due to the central government, are the municipalities of San Juan ($72 mm), Ponce ($10 mm), Carolina ($8 mm), and Toa Baja ($6 mm) as well as the public corporations PRASA ($67 mm), the Ports Authority ($31 mm), and the State Insurance Fund ($24 mm). A list of municipalities and public corporations that have accrued at least $1 million in PayGo debt is listed below. Public corporations and municipalities that owe at least $1.0 mm in PayGo Debt

It is also very troubling that 20 municipalities and seven public corporations are also not remitting individual employee payroll withholdings for that employee’s defined contribution retirement account. These are deductions taken from employee paychecks and must be remitted to a segregated defined contribution account on that employee’s behalf. By withholding that transfer, officers of those entities might be in violation of Article 3.5(2)(b) of Act 106-2017. The entities that accumulated the largest individual employee payroll withholding debts are listed below.

Public Corporations MunicipalitiesEntity ($ ths) FY2018 FY2019 Total Entity ($ ths) FY2018 FY2019 TotalPRASA $4,645 $62,771 $67,416 San Juan $34,902 $37,536 $72,438Puerto Rico Ports Authority 22,686 7,829 30,514 Ponce 4,652 5,184 9,837State Insurance Fund 6,649 17,193 23,843 Carolina 2,057 6,252 8,309PR Industrial Development Co. 9,025 6,636 15,661 Toa Baja 3,388 2,535 5,923Metropolitan Bus Authority 13,588 - 13,588 Mayaguez 2,593 3,101 5,693Admin. of Agrigultural Dvlp & Services 902 7,700 8,602 Guaynabo - 5,603 5,603Highway and Transportation Authority 2,488 2,141 4,629 Arecibo 2,947 2,407 5,354Medical Services Adminstration (ASEM 4,614 - 4,614 Bayamón - 4,222 4,222Office of the Controller 3,912 - 3,912 Caguas 3,335 557 3,892Agricultural Extension Service - 3,271 3,271 Cayey 1,304 1,126 2,431Puerto Rico Trade and Export Co. 2,303 781 3,085 Cabo Rojo 730 851 1,581CRIM 1,677 1,278 2,955 Santa Isabel 727 609 1,336Puerto Rico Land Authority 2,021 - 2,021 San Sebastian 35 1,095 1,130Public Building Authority - 1,899 1,899 Total $56,671 $71,079 $127,750Auto Accident Compensation Admin - 1,069 1,069 Other Municipalities $4,659 $10,446 $15,105

Total $74,511 $112,567 $187,078Other Public Corporations $1,296 $696 $1,991



Public corporations and municipalities with more than $150k in individual employee payroll withholding debt

The responsible payment by all employers of all PayGo fees is essential to ensure that retirees and beneficiaries continue receiving their pension benefits moving forward. Section 16 of the certified Fiscal Plan assumes PayGo costs will be fully covered and paid by each respective entity. Therefore, there are no General Fund or other appropriations in the certified Budget to fund PayGo benefits for non-paying municipalities and public corporations without prompt reimbursement by them. Continued payment of retirement benefits without reimbursement from these employers is an unauthorized expenditure under the certified Budget and every effort must be taken to collect these delinquent debts or offset these incremental unbudgeted expenses within other areas of the budget. As contemplated in Section 3.2 of Act 106-2017, remedial action must be taken immediately to rectify this situation and secure repayment for these overdue amounts. For example, if the Government does not believe efforts to collect the PayGo fee from non-contributing municipalities and public corporations will be successful, central government payments to those entities, or spending elsewhere in the certified Budget, will need to be adjusted such that these costs are properly budgeted and the pension payments can continue to be made. Accordingly, the Retirement Board, its designee, or the Managing Entity shall certify the debt of each delinquent entity and request in writing that:

The Secretary of the Treasury adjust the accounts, obligations, and advances that the Department of the Treasury must otherwise remit to the delinquent employer, and transfer the full amount of the delinquent PayGo fee from the appropriate account;

The Office of Management and Budget start withholding the necessary amounts from

appropriations made to agencies of the Government of Puerto Rico, such as transfers to the Integrated Transit Authority, DDEC and Agriculture, among others;

Public Corporations MunicipalitiesEntity ($ ths) FY 2018 FY 2019 Total Entity ($ ths) FY 2018 FY 2019 Total Metropolitan Bus Authority $852 $1,054 $1,906 Ponce $1,985 $1,468 $3,453 Highway and Transport. Authority - 406 406 Arecibo 929 198 1,127 Correctional Health - 205 205 Villalba 237 128 366 Maritime Transportation Authority - 100 100 Vieques 59 216 275 Integrated Transit Authority - 11 11 Guánica 131 87 218 Agricultural Insurance Company - 7 7 Río Grande - 220 220 Higher Education Council - 7 7 Patillas 43 128 171

Total $852 $1,791 $2,643 Yauco 39 207 246 Arroyo 23 160 184 Maricao 99 70 168

Total $3,545 $2,883 $6,428 Other Municipalities $1 $328 $329



Within 7 days, instruct the Municipal Revenue Collection Center (CRIM) to remit the delinquent amounts of the PayGo fees owing by all delinquent municipal employers from the unencumbered balance of the property tax and other revenues that the municipalities are otherwise entitled to receive in accordance with Act No. 80-1991, as amended, known as the “Municipal Revenue Collection Center Act.” Additionally, in accordance with Section 3.5(2)(a)(iii), instruct CRIM to place an automatic and permanent preferred statutory lien over the unencumbered balance in favor of the Retirement Board and/or Managing Entity until the delinquent amount has been repaid.

To ensure sufficient action is taken, the Oversight Board requires the Retirement Board provide the following information:

By May 10, a list of the dollar amount of unrestricted bank account balances at each entity delinquent in paying its PayGo fees;

By May 10, confirmation that all individual employee payroll withholding debts will be settled within 10 business days, consistent with Section 3.5(2)(b) of Act 106-2017;

By May 31, a detailed plan for each delinquent municipality and public corporation on how these overdue payments will be collected. This must include the timeline to enter into payment plans and dates when all of the requirements above will be completed; and

By May 31, an explanation of actions being taken to prevent the continued accrual of PayGo debts for each participating entity going forward.

All government entities must settle their overdue PayGo fees and individual employee payroll withholding with the utmost of urgency and no later than the deadlines set forth above. Sincerely, Natalie A. Jaresko CC: Christian Sobrino Vega