2011 budget sets aside $14M for GovGuam raises - KUAM.com-KUAM News: On Air. Online. On Demand.

2011 budget sets aside $14M for GovGuam raises

Posted: Updated:

by Mindy Aguon

Guam - $600 million. That is the projected revenues for Fiscal Year 2011. Governor Felix Camacho sent the proposed budget, which is an 8% increase from the current budget, for the coming fiscal year to lawmakers on Friday.

The Camacho Administration's spending plan provides partial funding for pay increases for GovGuam employees as well as $246 million for education, $101 million for health, and $107 million for public safety.

Bureau of Budget Management & Research Director Bertha Duenas says that $14 million has been set aside for partial funding for pay increases for GovGuam employees.  "We can't obviously fund it all at one time, but we did set aside some certainly and we also put a provision in that any collections over and beyond the adopted revenues eventually in 2011 that it also be used for that purpose."

Chief Economist Gary Hiles added that a lot went into the development of the budget and there are still several factors that may change before Fiscal Year 2011 begins in September.  He explained, "We should have some information on how Japan proceeds with the buildup issues and also the president's budget for Fiscal Year 2011 should be out shortly.  And that may have some impact on the revenues for the year ahead."

  • NEWS HEADLINESMore>>

  • Oversight held for Rev & Tax

    Oversight held for Rev & Tax

    Senators held an oversight hearing with the Department of Revenue & Taxation to talk about a variety of issues from collection to compliance. Director John Camacho was also asked about Section 30 funds. These are the taxes paid by federal civilian and milMore >>
    Senators held an oversight hearing with the Department of Revenue & Taxation to talk about a variety of issues from collection to compliance. Director John Camacho was also asked about Section 30 funds. These are the taxes paid by federal civilian and milMore >>
  • Recent weather did affect tourism numbers, says GVB

    Recent weather did affect tourism numbers, says GVB

    The latest tourism numbers have been reported. More than 131,000 people visited Guam's shores last month - ranking it second in July arrivals for our island. The highest visitor arrivals for the month were recorded just last year at about a thousand more More >>
    The latest tourism numbers have been reported. More than 131,000 people visited Guam's shores last month - ranking it second in July arrivals for our island. The highest visitor arrivals for the month were recorded just last year at about a thousand more More >>
  • Six people, including a minor, arrested for burglary and assault

    Six people, including a minor, arrested for burglary and assault

    Six people have been placed under arrest in connection to an apparent attack and robbery in Tamuning. Kiffy Kreo, Rodman Machuo, Ronat Chutaro and KR Kiosy each face multiple charges of burglary, robbery, theft, and aggravated assault. Ternes Sandy NowellMore >>
    Six people have been placed under arrest in connection to an apparent attack and robbery in Tamuning. Kiffy Kreo, Rodman Machuo, Ronat Chutaro and KR Kiosy each face multiple charges of burglary, robbery, theft, and aggravated assault. Ternes Sandy NowellMore >>
Powered by Frankly