by Krystal Paco
Guam - Another audit released today reiterates that GovGuam continues to spend more than it's bringing in. The Office of Public Accountability released its Fiscal Year 2010 Citizen Centric Report today, detailing more than a dozen financial audits that were conducted last year. The report identified $204,000 in questioned costs from four government entities.
The report also details the decline in government revenues over the years and the increase in the public sector's deficit.