What you need to know about GDOE's unspent Education Stabilization II Funds
Here’s what you need to know about the Guam Department of Education’s unspent Education Stabilization II Funds, according to GDOE’s recent release:
So far, GDOE has spent $55 million out of its over $110.5 million allotment in Education Stabilization Fund II (ESF II)---utilizing monies to address critical priorities in its education system as a result of the COVID-19 pandemic–like bolstering distance and modified learning platforms, expanding student and employee health and safety, and expanding mental, social, and behavioral health and wellness support.
Still, GDOE has a remainder of $27 million unspent–which is obligated to the following:
- Contractual: $6.7 million
- Equipment: $6 million
- Supplies: $14.3 million
Guam DOE is considering using the remaining funds to cover utility costs with a pending request to the U.S. Department of Education (USDE) for approval. GDOE also plans to request a late liquidation of ESF II funds, providing more time to complete contracts and fulfill their commitment to serving students and teachers while maintaining fiscal responsibility in line with USDE-approved purposes.