COMPANY FOR THE INTEGRAL DEVELOPMENT OF CANTERA'S PENINSULA.


LEGAL AUTHORITY

Act. No. 20 of July 10, 1992, as amended, created the Company for the Integral Development of Cantera's Peninsula in San Juan, Puerto Rico. It was created as a public corporation that is to exist for 20 years or 5 additional years if extended by Excecutive Order. At the end this time; it will cease to exit.


MISSION

To promote the social, cultural and economic development of the Cantera Peninsula through an active participation of the current and future residents of the community and the public and private sectors.


VISION

To transform the living conditons of the Cantera Peninsula and create a community that benefits current and future residents.


ORGANIZATIONAL STRUCTURE

The Company for the Integral Development of Cantera's Peninsula is comprised of the following organizational units:

  • Administration and Finances
  • Development of Community Projects
  • Board of Directors
  • Office of the Executive Director


GEOGRAPHIC LOCATION

It is located at the end of Calle Constitucin, Bravos de Boston Section, Cantera, San Juan.

PROGRAMMATIC STRUCTURE

POSITIONS FILLED

Authorized and Proposed Positions 2009 2010 2011 2012
Sept./08 Sept./09 Sept./10 Feb./11 Proj.

 

Total amount of positions 26 13 19 19 20

Data comes from the Agencys Certified Headcount Reports. Figures for Fiscal Year 2011-2012 were estimated during the budget formulation process.

PROGRAM

Cantera's Peninsula Communities Development

Program Description

This Program tackles the issue of poverty and looks to improve the life for the Cantera Peninsula's current and future residents. At the same time , it looks to create a sustainable community.


Human Resources

Authorized and Proposed Positions 2009 2010 2011 2012

Managerial,Technical, Administrative, and Office Staff 9 10 14 14
Planning, Budget, Statistics, Auditing, and Finance 3 1 1 1
Maintenance and General Services Staff 8 1 1 2
Families and Community Services Staff 4 1 3 3
Information Systems 2 0 0 0
Total, Positions 26 13 19 20

FISCAL YEAR 2011-2012 ADOPTED BUDGET

The adopted consolidated budget for Fiscal Year 2011-2012 is $19,756,000. Funds include: $349,000 from the Joint Resolution of the General Fund, $225,000 from Special Appropiations of the General Fund, $17,339,000 from Loans and Bond Issues and $1,843,000 from Other Income.

The operational expenses reflect an increase of $226,000 in comparison with the funding assigned for 2010-2011. This is due to an increase of the Special Appropiations of the General Fund line item, wich provides the funding that will be used to manage the socio-economic project and conclude the work related to Cantera's development. It also provides funding to develop environmentally friendly iniatitives and foster eco-turism.

Funds from the Joint Resolution of the General Fund will used to match payroll costs. It also has funds from the Special Appropiations General Fund to promote training and entrepreneurship opportunities among its residents through communit organization and non-traditional education that advances and creates the skills needed to compete in a globalized world.

The funds form Other Income are provided by community initiatives, contributions from the Municipality of San Juan and from private businesses. The latter of these will be required to contribute up to one third of the combined total of the funds provided by the Commonwealth of Puerto Rico State Government and the Municipal Government. This funding will be used to develop activities that guarantee, economic strengthening and community training.

$17,339,000 is provided to continue improvements work and will be supplied by funding provided through Loans and Bond Issues. Included are projects related to 7 areas of economic opportunity with high potential for sustainable eco-tourist activity: business development, fishing, recreational sailing, lodgings management and sea craft management.

SUMMARY OF AVAILABLE RESOURCES

Consolidated Budget  (thousands $) 2009 2010 2011 2012

 

Program  
Operational Expenses Actual Actual Budget Adopted
Cantera's Peninsula Communities Development 2,688 1,192 2,191 2,417
Subtotal, Operational Expenses 2,688 1,192 2,191 2,417
 
Capital Improvements
Cantera's Peninsula Communities Development 1,182 7,865 19,785 17,339
Subtotal, Capital Improvements 1,182 7,865 19,785 17,339
Total, Program 3,870 9,057 21,976 19,756
 
Funding Sources  
Operational Expenses  
Joint Resolution - General Fund 411 71 40 349
Special Appropriations - General Fund 0 211 0 225
Other Income 2,277 652 1,791 1,843
Local Stabilization Fund 0 258 360 0
Subtotal, Operational Expenses 2,688 1,192 2,191 2,417
 
Capital Improvements  
Loans & Bond Issuance 1,182 7,865 19,785 17,339
Subtotal, Capital Improvements 1,182 7,865 19,785 17,339
Total, Funding Sources 3,870 9,057 21,976 19,756
 
Expense Category  
Operational Expenses  
Payroll and Related Expenses 1,142 780 922 1,053
Rent and Utilities 46 44 68 59
Purchased Services 109 101 140 133
Transportation Expenses 24 11 29 31
Professional Services 1,269 223 752 732
Other Expenses 52 13 229 357
Equipment Purchases 11 3 10 12
Office Supplies and other Materials 31 7 13 14
Advertising and Media Expenses 4 10 28 26
Subtotal, Operational Expenses 2,688 1,192 2,191 2,417
 
Capital Improvements  
Capital Improvements Program 1,182 7,865 19,785 17,339
Subtotal, Capital Improvements 1,182 7,865 19,785 17,339
Total, Expense Category 3,870 9,057 21,976 19,756