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Moody's upgrades GovGuam bonds, improvement in liquidity through solid revenue and budget performance

Moody’s Investor Services move to upgrade the GovGuam issuer rating to an investment grade of BAA3 to BA1 was announced by the Leon Guerrero-Tenorio Administration today. Following a meeting wit ....

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FY '24 budget bill lapses into law; governor has reservations

FY '24 budget bill lapses into law; governor has reservations
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Budget hearings, Day 2: GovGuam officials taking conservative view

Discussion continued today on the government s proposed $1.16 billion Fiscal Year 2024 budget. The focus remained on the revenues, with both the Guam Legislature and the Leon Guerrero Administration s ....

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Senators head into session Monday

The 37th Guam Legislature will meet next week Monday for the annual budget session. By law, they have until the end of the month to submit a spending plan to the governor. KUAM News spoke today with A ....

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Frustration expressed over American Rescue Plan spending reports

With millions of dollars in American Rescue Plan funds and a timeline of December 2026 to use it, the movement of those monies remains under the watchful eye of the Guam Legislature. The law mandates ....

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