Tourism fund increase pays off - KUAM.com-KUAM News: On Air. Online. On Demand.

Tourism fund increase pays off

by Sabrina Salas Matanane

Guam - The increase in tourists in the last year has contributed to a 15% increase in the Tourist Attraction Fund. The latest audit findings show that the fund's revenue increased from $19.4 million in Fiscal Year 2009 to $22.2 million during the last fiscal year. 

The Public Auditor noted though that the increase in tourists and revenues also saw an increase in expenditures. The Guam Visitors Bureau's appropriation increased to $13.5 million while $1.5 million was spent on capital projects.  

 

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