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By Gerardo
R. Partido
Variety News Staff
THE clock is ticking on a
new fiscal year 2007 budget as the administration failed to submit its
proposed changes yesterday.
Vice Speaker Eddie Calvo, R-Maite and the head of the finance committee,
said the Legislatures hands are tied and senators can do nothing
without first getting a copy of the revised budget that the governor wants
adopted.
Every day of delay is costly. There is not much time to begin with
and each day of delay doesnt move GovGuam any closer to solutions
to its financial problems, Calvo said.
Last week, the governors office said a revised FY 2007 budget will
be submitted by the administration on Monday that will detail the administrations
plan to cut costs and increase revenues.
But according to Calvo, the administration informed the Legislature at
the last minute that it needs more time and will most likely be able to
submit its financial plan this Thursday.
An outline of the fiscal recovery plan submitted by the administration
last week called for the raising of fees and an immediate cash infusion
of $34 million to meet ongoing operations and payroll requirements.
If the cash infusion is not met, the administration warned that it may
have to start laying off GovGuam workers next month.
Thats less than two weeks from now. Its really up to
the governor whether he will furlough employees because thats not
our function. Its his call, the vice speaker said.
In the meantime, Calvo said the Legislature needs at least a couple of
days to go over the details of the governors financial plan because
the outline presented last week lacked details.
The administration, for instance, did not give specifics on which fees
were going to be raised and where it will get the $34 million cash infusion.
Its up to the administration whether they can extend the deadline
for the cash infusion so that we dont have to resort to furloughing
GovGuam employees, Calvo stressed.
Yesterdays session of the Legislature was supposed to have focused
on the governors fiscal recovery plan.
But because the administration was not able to submit its plan, senators
instead opted to discuss a variety of resolutions including one that petitions
Congress to include Guam in the list of jurisdictions eligible for radiation
exposure claims.
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