Clean audit for Guam Preservation Trust
<p>Auditors noted the agency closed Fiscal year 2015 with a significant decrease in revenues and an increase in expenditures. </p>
The Guam Preservation Trust has received a clean audit from the Guam Office of Public Accountability. Auditors noted the agency closed Fiscal year 2015 with a significant decrease in revenues and an increase in expenditures. The decrease was attributed in part to a decrease in building permit fees.
Expenditures increased as a result of restoration projects such as the Guam Congress Building, FQ Sanchez Elementary and the Plaza de Espana.
Auditors meanwhile found no material weaknesses or significant deficiencies.

By KUAM News