Bicameral panel agrees to reduce FY2024 revenue projection mvariety.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mvariety.com Daily Mail and Mail on Sunday newspapers.
The concurrent resolution that the Senate is now reviewing after its recent passage in House of Representatives shows an embedded $9.1 million in Gov. Arnold I. Palacios’ fiscal year 2024 budget submission that essentially overstates the projected revenues for fiscal year 2024.
SENATE President Edith Deleon Guerrero has formed a team that will discuss with the House of Representatives the senators’ concerns regarding House Concurrent Resolution 23-2, which approves Gov. Arnold I.
As of Friday last week, the Legislature, especially the House of Representatives, which holds the purse strings of the CNMI government, is unable to see a true picture of the American Rescue Plan Act funding balance of the CNMI government, according to Dave Demapan, who is the fiscal analyst at the Legislative Bureau.
THE chairman of the Tinian and Aguiguan Legislative Delegation, Sen. Karl King-Nabors, on Tuesday appointed Sen. Jude U. Hofschneider as chairman of the delegation s Committee on Fiscal Affairs & Resident