Public Auditor suggests releasing reserves - KUAM.com-KUAM News: On Air. Online. On Demand.

Public Auditor suggests releasing reserves

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by Krystal Paco

Guam - Business may be operating as usual for the Department of Education, but unless the 15% reserve imposed on all Government of Guam agencies is released, DOE will fall short $30,000,000 for Fiscal Year 2012. 

Public Auditor Doris Flores Brooks suggests that DOE's reserve possibly be modified, telling KUAM News, "Unless the reserve is released, to then expect DOE to adjust by $30,000,000 is going to be a very difficult task - to involve shutdowns, layoffs, and so on. We're operating really at two different levels they've been assured that on one hand they'll get the reserve, but the BBMR representative is saying he doesn't know. So the question is will the reserve be released."

Looking ahead, the Guam Education Board approved a budget request for $293,000,000 for Fiscal Year 2013. The request does not include the costs to implement more Chamorro language classes, textbooks, and prior year obligations.

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