BBMR to Calvo: No $ in Reserves - KUAM.com-KUAM News: On Air. Online. On Demand.

BBMR to Calvo: No $ in Reserves

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There are no reserves in government coffers to assist with the Department of Education's shortfall. Bureau of Budget and Management Research Director Bertha Duenas responded today to a proposal from Senator Eddie Baza Calvo to use the 5% reserves to assist DOE, but Duenas said there's no money because the budget was already $8 million short.
She said, "This fiscal year was unique. When the budget was passed, it already had about a $5.8 million short fall, which amounts to about $8 million from 30 line agencies baseline requirements. While we did impose the 5% reserve in the beginning, we were not able to hold up to it."

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