It's not the most favorable score, but it's definitely the best for GovGuam over the past decade.

On a scale of one to 10, with one being the least favorable and ten being the most favorable, the Government of Guam's financial health and performance received an overall score of 2.19.

The score indicates GovGuam's overall financial health and performance improved when compared to the reading of the previous year. The primary reasons for improvement were the positive change in total net position of $51.7 million and the improvement in intergenerational equity, now at 102.2 percent. However, the overall poor financial position and poor financial capability of the government continues to drag down its overall score.

The results of the most recent Performeter(R) and Audit Findings, Timeliness, and Exception Resolution Analysis were presented at the Island Government Finance Officers' Association in Dec. 2018.

The Performeter(R) takes the government's financial statements and converts them into useful and understandable measures of financial performance.

" [T]he Performeter(R) is a useful tool to gauge GovGuam's overall financial health and performance," Public Auditor Benjamin J.F. Cruz stated in a release. "The independent evaluators, Crawford & Associates, LLC, through US Department of Interior, take GovGuam's audited figures and analyze them to come out with the rating. The numbers speak for themselves!"