No austerity measures yet at CUC

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EVEN after the central government reduced its fiscal year 2020 budget, which has resulted in the implementation of work-hour cuts and other austerity measures effective since last year, Commonwealth Utilities Corp. personnel continue to work full time.

CUC is an autonomous agency.

“It is imperative that we bring people to work but we can’t get people working if we’re unable to pay them,” CUC Executive Director Gary Camacho told Variety.

He said CUC’s objective is to retain its personnel who can properly and effectively operate its system on all three islands.

CUC’s financial stability depends on its revenue collection, Camacho said, adding  that in the past few months, they have been implementing internal cost-saving measures without affecting operations.

Over 100 full-time employee positions have not been filled up, and several projects have been deferred due to funding limitations, Camacho said.

But CUC’s collection continues to support its expenditures including debt payments, reinvesting in infrastructure and the required maintenance of its facilities, he added.

In May, the CUC board authorized management to implement cost-saving including austerity measures.

 

 

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