BBMR to Calvo: No $ in Reserves

There are no reserves in government coffers to assist with the Department of Education's shortfall. Bureau of Budget and Management Research Director Bertha Duenas responded today to a proposal from Senator Eddie Baza Calvo to use the 5% reserves to assist DOE, but Duenas said there's no money because the budget was already $8 million short.

September 3, 2009Updated: September 4, 2009
KUAM NewsBy KUAM News
There are no reserves in government coffers to assist with the Department of Education's shortfall. Bureau of Budget and Management Research Director Bertha Duenas responded today to a proposal from Senator Eddie Baza Calvo to use the 5% reserves to assist DOE, but Duenas said there's no money because the budget was already $8 million short.
She said, "This fiscal year was unique. When the budget was passed, it already had about a $5.8 million short fall, which amounts to about $8 million from 30 line agencies baseline requirements. While we did impose the 5% reserve in the beginning, we were not able to hold up to it."