11 top Puerto Rico university officials resign amid crisis
SAN JUAN, Puerto Rico (AP) — Eleven top public university officials in Puerto Rico have resigned to protest multimillion-dollar budget cuts sought by a federal control board that oversees the U.S. territory's finances amid a dire economic crisis.
The unprecedented move surprised many and prompted Gov. Ricardo Rossello to warn that his administration will intervene if the university board of directors does not submit a fiscal plan with the $300 million in cuts requested. The board called a meeting late Friday to talk about the issue.
Rossello said during a news conference that he had given university officials sufficient time to submit a fiscal plan required by the federal control board, which proposes that the university cut its budget by 30 percent.
"The majority have jumped ship. They abandoned their responsibility," Rossello said. "I respected and still respect the university's autonomy, but we have to take action now."
Read more: https://www.yahoo.com/news/11-top-puerto-rico-university-officials-resign-amid-223200655.html