Clean audit for Tourist Attraction Fund

by Sabrina Salas Matanane

Guam - The Office of Public Accountability gives kudos to the Department of Administration and its management of the Tourist Attraction Fund. According to the findings of an audit released today the TAF ended last fiscal year with a $1.3 million increase. The report goes on to state that despite operating expenditures increasing by $943,000, revenues increased by $3 million. This is the highest level of tax revenues received in over a decade.