by Ken Quintanilla
Guam - Governor Eddie Calvo has submitted the budget for Fiscal
Year 2015. The budget plan invests in sustainability of the growing economy
along with increasing revenues in public schools, healthcare and safety.
Before backing out of the payments of debt service, the budget
proposes $863.8 million in total revenue projections. Among the other
- $401 million for operations of the line agencies and several other
services including textbooks, MIP, Medicaid matching, hospital funding, hiring
of police and other public safety officers
- $118 million for Tax Year 2014 tax refunds
- $20 million in total additional appropriation for personnel costs
inclusive of benefits resulting from the hay pay raises. The Governor's Office notes
that included in this estimate but not reflected in the budget submission is
the Department of Education portion, which has been factored into DOE's separate budget request. There is an additional estimated $5 million
appropriation pool to cover the increased amounts resulting from changes to the
2010 Hay plan.
- $5 million additional appropriation to DOE for universal Pre-K and
two incentive programs for teachers
- $500,000 additional appropriation to public health to expand hot
meals service to senior citizens on Sunday
The Governor's Office along with his fiscal team will be provide
more details of the budget plan Monday at 2pm.