View Performeter report - KUAM.com-KUAM News: On Air. Online. On Demand.

View Performeter report

by Ken Quintanilla

Guam - The Office of Public Accountability has released its latest report examining GovGuam's finances. Called the Performeter, it focuses specifically on finances in 2012.

From a scale of one being least favorable to ten being most favorable, GovGuam received an overall score of 2.81, which is the highest score in eight years but remains the lowest score among the eight insular areas analyzed.  GovGuam's unfavorable rating continues primarily due to its cumulative deficit of approximately $194.2 million.  The primary cause of the slight increase in the rating from the prior year is related to the slight reduction in the overall deficit of the government, and an improvement in the operational deficit of the General Fund due to bond proceeds.

The Performeter is an analysis of a government's financial statements used to measure it's performance. It will be submitted to the U.S. Department of the Interior's Office of Insular Affairs. You can read the report at guamopa.org.

  • NEWS HEADLINESMore>>

  • Robert Afaisen named source of largest cocaine bust ever

    Robert Afaisen named source of largest cocaine bust ever

    An indictment has been handed down against the defendants charged in what GPD is calling their largest cocaine bust ever. Court documents identify Robert Afaisen as the source of the drugs. He reportedly told police the drugs washed up on the shore of hisMore >>
    An indictment has been handed down against the defendants charged in what GPD is calling their largest cocaine bust ever. Court documents identify Robert Afaisen as the source of the drugs. He reportedly told police the drugs washed up on the shore of hisMore >>
  • Pounds of crystal meth found in cargo

    Pounds of crystal meth found in cargo

    Unsealed in the District Court of Guam today, pounds of suspected crystal methamphetamine found in cargo. The case going back nearly two years. According to court filings, customs officers were inspecting cargo when they discovered more than 5-pounds of sMore >>
    Unsealed in the District Court of Guam today, pounds of suspected crystal methamphetamine found in cargo. The case going back nearly two years. According to court filings, customs officers were inspecting cargo when they discovered more than 5-pounds of sMore >>
  • Charissa Tenorio makes court appearance

    Charissa Tenorio makes court appearance

    Arrested on criminal charges, but only walking away with a traffic ticket. This is the case for 34-year-old Charissa Marie Tenorio, the woman whose arrest was linked to an apparent scheme to smuggle prison contraband. Tenorio appeared in court on Friday aMore >>
    Arrested on criminal charges, but only walking away with a traffic ticket. This is the case for 34-year-old Charissa Marie Tenorio, the woman whose arrest was linked to an apparent scheme to smuggle prison contraband. Tenorio appeared in court on Friday aMore >>
Powered by Frankly