Fiscal board approves 5th revised PREPA budget

By THE STAR STAFF The Financial Oversight and Management Board for Puerto Rico has certified the fifth revised fiscal year (FY) 2026 budget for the bankrupt Puerto Rico Electric Power Authority (PREPA), formalizing a new spending framework aligned with the latest rate determinations issued by the Puerto Rico Energy Bureau (PREB). In a June 17 letter to Gov. Jenniffer González Colón, the oversight board confirmed that the revised budget complies with the Puerto Rico Oversight, Management and…

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