Education Board reviews DOE's Fiscal Spending Plan - KUAM.com-KUAM News: On Air. Online. On Demand.

Education Board reviews DOE's Fiscal Spending Plan

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 by Jolene Toves

Guam - The Guam Education Board talked dollars last night more specifically the Fiscal 2015 Spending Plan in the amount of $234 million appropriated to the Department of Education. According to DOE superintendent Jon Fernandez the board approved the allocation of those resources into personnel services, contract services and other services such as utilities.

Fernandez said, "So the biggest concern for us is number one ensuring that we sufficient resources to pay our employees so we will be monitoring that as we go forward the second thing was monitoring the cost of utilities."  

Fernandez says the third issue they are keeping an eye out for it the revenue collections under the Territorial Education Fund while that fund has run short to the tune of $5 million last year and the year before Fernandez says he has been led to anticipate that with the reevaluation of properties this year the anticipated levels of revenue will come in. 
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