by Nick Delgado
Guam - Senator Ben Pangelinan and his staff now have the arduous task of reviewing the Governor's the Fiscal Year 2011 budget. The revenue projection for 2011 was set at $600 million, which is an 8% increase from the current budget.
Pangelinan, who chairs the Legislative Committee on Appropriations says he and his staff are taking a real close look at the revenue projections, particularly any that may be attributed to the grown from the military buildup. Pangelinan said they must be cautious with that money actually hitting Guam's economy.
"It looks fairly good, its not a pie in the sky budget so its within the realm of rational and reason for our expectations, we just want to make sure we temper all that with the realities," said the senator.
The Camacho Administration's spending plan provides $246 million for education, $101 million for health, and $107 million for public safety. Additionally, $14 million has been set aside for partial funding for pay increases for Government of Guam employees.