Budget of the University of Puerto Rico 2016-2017

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The University of Puerto Rico (UPR) is an institution that belongs to the Government of Puerto Rico. The UPR receives public and federal funds that keep it in operation and allows it to be the most important educational and social center in the island. With the current crisis that the central government is facing and the Fiscal Control Board (JFC) that was assigned by the United States Congress in a demonstration of the country’s colonial situation, the university is about to receive cuts to the budget and Funds allocated by the Government of Puerto Rico for its operations. This is why it is important to know how much and how the money that the UPR receives is handled by the administration.

The state university in fiscal year 2016-2017, budget for $ 1.4 billion. Say, $ 872.5 million from Special Assignments and $28.3 million from State Special Funds awarded by the island government. To this we added $268.7 million in Federal Assignments, $635,000 assigned by the Federal Economic Stimulus and Reinvestment Program (ARRA), $169.6 million in Revenue, $64.7 million in other non-disaggregated funds And $ 3.6 million in loans and bond issues. But, how does the university spend this money?

The university spends $ 1.3 billion in Operating Expenses, $ 10.9 million in Grants, Incentives and Donations, and $ 29 million in Permanent Improvement. Break down the Operating Expenses:
Salaries and Related Expenses …………… $873 million
Donations, Subsidies and Distributions …………… $207 million
Materials and Supplies ……………..$90 million
Services Purchased …………… $70 million
Facilities and Payments for Public Services ………… $56.3 million
Other Operating Expenses …………… $36 million
Equipment Purchase ……… $24.4 million
Transportation Expenses ……….. $7.4 million
Appropriations Included ………. $2.7 million
Ads and Guidelines in Media ………………. $469 thousand
Given these numbers the JCF as new administrators of state funds has decided to cut 450 million dollars in an increase to 612 million dollars by 2026, which threatens the existence of the UPR and could end the closure of the same, and the important role of this institution for the country’s economy and social movements.
Source: http://www2.pr.gov/presupuestos/PopupAbout2016-2017/PresupuestosAgencias/176.htm

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