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Adelup: Deficit reduced from $83M to $1.5M


Adelup: Deficit reduced from $83M to $1.5M
Joe Taitano II
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The government of Guam s deficit has been reduced from $83 million to $1.5 million, a release from Gov. Lou Leon Guerrero s office stated. 
“As I stated in my first year in office, our island was in a period of transition. Whatever conditions our administration inherited, we promised to move forward, the governor said. To almost completely eliminate the deficit of over $83 million is a direct result of our commitment to fiscal discipline.
Financial statements ending Sept. 30, 2020, show GovGuam reported a surplus of $46,287,261 in the General Fund, reducing the accumulated deficit to $1,573,682, or 0.2% of reported revenues, the release stated. ....

Puerto Rico , Edward Birn , Benjamin Jf Cruz , Lester Carlson , Bureau Of Budget Management , Office Of Public Accountability , Guam Memorial Hospital Authority , Department Of Public Health , Department Of Administration , Lou Leon Guerrero , General Fund , Public Accountability , Budget Management , Leon Guerrero Tenorio , Public Health , Social Services , ப்வெர்டோ ரிக்கோ , எட்வர்ட் பிர்ன் , பெஞ்சமின் ஜ்ஃப் குரூஸ் , லெஸ்டர் கார்ல்சன் , பணியகம் ஆஃப் பட்ஜெட் மேலாண்மை , அலுவலகம் ஆஃப் பொது பொறுப்பு , குவாம் நினைவகம் மருத்துவமனை அதிகாரம் , துறை ஆஃப் பொது ஆரோக்கியம் , லூ லியோன் கெரெரோ , ஜநரல் நிதி ,

Bill to give customs asset forfeiture authority heard


Bill to give customs asset forfeiture authority heard
Joe Taitano II
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A bill that would give the Customs and Quarantine Agency the authority to seize the proceeds or instruments of criminal activity, including drugs, raw materials and equipment, aircraft and vessels, money, firearms, and land received a public hearing on Tuesday. 
Sen. Mary Camacho Torres, sponsor of Bill 87, said it was meant to provide additional resources for the exclusive use of the agency to fund personnel, facilities, equipment and more, in order to more effectively perform their job.
According to Torres, a study by the University of Guam Regional Center for Public Policy published in February 2019 recommended that legislation create a fund for Customs that mirrored those in existence for GPD. ....

Mike Peredo , Ed Birn , Mary Camacho , Joanne Brown , National Drug Threat Assessment , Bureau Of Budget Management , Guam Police Department , Division Of Customs Services , Department Of Administration , Quarantine Agency , University Of Guam Regional Center , Guam Regional Center , Public Policy , Customs Enforcement , Customs Services , Drug Threat Assessment , Customs Director Ike Peredo , Budget Management , Administration Director Ed Birn , Guam Attorney General , எட் பிர்ன் , மேரி காமக்கோ , ஜொவந் பழுப்பு , தேசிய மருந்து அச்சுறுத்தல் மதிப்பீடு , பணியகம் ஆஃப் பட்ஜெட் மேலாண்மை , குவாம் போலீஸ் துறை ,