This area works with the formulation of the Budget of the Commonwealth of Puerto Rico and authorizes certain tax transactions for government agencies; it also has a comprehensive view of the general budget. It helps agencies of the Central Government to maintain a balanced budget through suggesting alternative cost reduction by identifying funding sources.

FUNCTIONS

•    Prepares the Prepares the Annual Budget of Operating Expenses and Capital Improvements of the Commonwealth of Puerto Rico that the Governor presents to the Prepares the Prepares the Annual Budget of Operating Expenses and Capital Improvements of the Commonwealth of Puerto Rico that the Governor presents to the Prepares the Prepares the Annual Budget of Operating Expenses and Capital Improvements of the Commonwealth of Puerto Rico that the Governor presents to the Legislature.

•      Evaluates, develops, conducts, analyzes, and controls the budget of the agencies and departments of the Commonwealth of Puerto Rico.

•      Provides advice and support to agencies in managing the budget.

•      Analyzes and approves expenditure projections, personnel transactions, analysis of legislative measures, and other actions that affect the budget.

•      Monitors expenditures and budget projections of the agencies of the Commonwealth of Puerto Rico.

•      Monitors and Monitors and Monitors and improves the overall organizational process and global schedule of the budget

•      Recommends to the Director of the Office of Management and Budget uniform and integrated policies for austerity and implements them.

•      Manages the transfer of funds and overall budget items.

•      Performs Performs Performs budget analyses of drafts of legislative bills and measures.

•      Other functions are part of the annual budgeting:

o    Develops and maintains the database of the recommended budget.

o    Keeps record of unavoidable obligations added during the fiscal year.

o    Prepares and consolidates the document that will become the recommended budget for each fiscal year.

o    Proposes substantive improvements to the budget preparation tools/applications.

o    Prepare estimates of budget formulas and records, reviews, reconciles and mitigates utility bills and public corporations.