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By Gerardo
R. Partido
Variety News Staff
DISCUSSIONS on a new fiscal
year budget have been delayed anew as the administration yesterday failed
to make good on its promise to deliver a revised fiscal year 2007 budget
to the Legislature.
Senators were supposed to have met in session yesterday in anticipation
of Gov. Felix P. Camachos submission of a new budget.
But according to Speaker Mark Forbes, R-Sinajana, the administration hadnt
submitted a new budget as of late yesterday afternoon nor had the administration
communicated when the Legislature could expect to receive a new budget.
Forbes said the Legislature will hold a session today as soon as it receives
the new budget proposal from the governor because time is of the essence.
Under the law, a session of the Legislature can be convened on two hours
notice.
The governor is expected to be back on island today after attending the
7th Western Micronesian Chief Executive Summit in Saipan.
Last week, the governors office said that a revised FY 2007 budget
would be submitted by the administration last Monday, March 19. The new
budget was to have detailed the administrations plan to cut costs
and increase revenues.
But on Sunday, March 18, the administration informed the Legislature at
the last minute that it needed more time and would only be able to submit
its financial plan yesterday.
With no budget being submitted yesterday, senators, who were all ready
to go over it, were disappointed.
Vice Speaker Eddie Calvo, R-Maite and head of the finance committee, was
eager to learn details of the administrations proposed revenue enhancing
and cost-cutting measures.
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.
However, the outline presented last week lacked details and did not specify
on which fees were going to be raised and where the administration intends
to get the $34 million cash infusion.
Calvo said the Legislature needs to have enough time to go over the governors
proposal and the delay prevents GovGuam from moving any closer to solutions
to its financial problems.
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