P.R. Laws tit. 21, § 4356
Notwithstanding the provisions of § 4359 of this title, which establishes special provisions for general election years, in cases of emergency, the mayor may authorize the official in charge of finances to incur expenditures or obligations in excess of the appropriated credits up to an amount equal to ten percent (10%) of the total sum of the operating expenses budget of the municipality for the fiscal year in which said authorization is issued. This authorization shall be in writing, and shall indicate the facts of the emergency. The mayor shall inform the Municipal Legislature and the Commissioner of said determination not later than twenty-four (24) hours following the date said authorization was issued. The cases of emergency to which this section refers are those established in § 4001(ff) of this title.
Twenty-five percent (25%) of the debt equal to said ten percent (10%) shall be included preferentially in the general revenues and expenses budget resolution of the municipality for the four (4) fiscal years following the year in which the debt is incurred. It shall be the discretion of each municipality to adopt this debt amortization mechanism.
History —Aug. 30, 1991, No. 81, § 8.006; July 24, 1998, No. 169, § 6; Sept. 7, 2004, No. 258, § 21; July 29, 2008, No. 131, § 1; Dec. 29, 2009, No. 217, § 1.