|
By
Gerardo R. Partido
Variety News Staff
THE Legislature
nearly had to face the prospect of a payless payday this Friday as it
didnt receive funds for its payroll until late yesterday afternoon.
Speaker Mark Forbes, R-Sinajana, earlier warned that money had not yet
been remitted for the salaries of employees at the Legislature.
The money had to be sent yesterday in order to make it to the employees
direct deposit accounts by Friday.
Forbes said it takes several days for the money to be routed through the
bank where the Legislatures employees have their direct deposit
accounts.
Before the end of the working day yesterday, Forbes said the Legislature
received $280,000 from the administration, enough to cover this Fridays
payroll.
If the money had not gotten through, Forbes said the Legislature would
have had no choice but to manually cut the checks, which would entail
more costs.
But Forbes said the cumulative funding shortfall for the Legislature still
stands at about $1.7 million, which is 25 percent of the Legislatures
entire budget for fiscal year 2007.
And the odds are that they wont be able to catch up,
Forbes said.
The administration has been finding it difficult to remit funds to several
agencies, especially the Guam Public School System, due to financial difficulties.
Forbes said he understands the administrations current financial
difficulties, stressing that the Legislature is willing to make the necessary
adjustments if the administration is unable to remit its full funding
allocation for FY 2007.
But they must tell us exactly how much they can afford to send us.
Wed appreciate a frank answer from them that tells us how much we
can really expect in terms of funding allocation. That way, we can prepare
and make the necessary adjustments, Forbes said.
According to the speaker, the ideal would be for the Legislature to get
its full allotment. But if needed, he said the Legislature can sacrifice
and cut its budget in light of GovGuams financial difficulties.
Were willing to do our part because the other agencies are
suffering too, especially the public education system, Forbes said.
In fact, Forbes said, the Legislature is one of the few institutions on
island to have a lower budget every year.
|