Mayors wait to see how funds will be divvied up - KUAM.com-KUAM News: On Air. Online. On Demand.

Mayors wait to see how funds will be divvied up

by Krystal Paco

Guam - It was back in July public law was enacted applying limited gaming taxes to benefit a hospital urgent care facility and other purposes but benefactors have yet to see any of that money.

At a recent Mayors Council of Guam meeting, Sinajana mayor Robert Hoffman reminded colleagues that villages who host additional bingos and cockfights to raise revenues are required to pay a 4% tax.

He said, "None of mind paying the tax because like I said it's going to come back to us in some form and we're not paying thousands and thousands of dollars. These bingos are really small time and so it's something that everyone who plays it understands where the money is going to go to."

Despite their payments however, Hoffman says they've yet to see any of those funds return as provided by law which designates one third of the balance to mayors, the Department of Parks & Recreation, and the Department of Education. Hoffman adds they're also waiting to see how funds will be divvied up among village mayors.

Meanwhile, Rev & Tax director John Camacho tells KUAM they're tracking the revenues coming in, but the Department of Administration will be responsible for putting those funds into an account for distribution.

  • NEWS HEADLINESMore>>

  • More officers testify at Isezaki trial

    More officers testify at Isezaki trial

    Who to believe? Two more GPD officers testify in the trial against Jeremiah Isezaki, the man charged with plotting to kill a cop. The plan was reported to police by Janessa Corpuz who stated Isezaki and others wanted her help with Officer Benny Babauta. SMore >>
    Who to believe? Two more GPD officers testify in the trial against Jeremiah Isezaki, the man charged with plotting to kill a cop. The plan was reported to police by Janessa Corpuz who stated Isezaki and others wanted her help with Officer Benny Babauta. SMore >>
  • Region gets $900K in funding

    Region gets $900K in funding

    Nearly $900,000 in federal funding is awarded by the Department of Interior's Office of Insular Affairs. Congresswoman Madeleine Bordallo says technical assistance grants will fund programs in Guam, the CNMI, American Samoa, and the Freely Associated StatMore >>
    Nearly $900,000 in federal funding is awarded by the Department of Interior's Office of Insular Affairs. Congresswoman Madeleine Bordallo says technical assistance grants will fund programs in Guam, the CNMI, American Samoa, and the Freely Associated StatMore >>
  • Bank of Guam's scholarship helps five regional graduates

    Bank of Guam's scholarship helps five regional graduates

    Five graduating high school seniors from our region are receiving an extra boost this summer thanks to the Bank of Guam. In its seventh year, the Ifit Scholarship will award $10,000 in scholarship grants, that's $2,000 per student and a paid summer internMore >>
    Five graduating high school seniors from our region are receiving an extra boost this summer thanks to the Bank of Guam. In its seventh year, the Ifit Scholarship will award $10,000 in scholarship grants, that's $2,000 per student and a paid summer internMore >>
Powered by Frankly