By Gerardo R. Partido
Variety News Staff

 THE Legislature’s session on the revised fiscal year 2007 budget nearly broke down yesterday as senators refused to meet until the administration submitted spreadsheets and other financial data requested by the lawmakers.
The session was supposed to have started at 10 a.m. yesterday but Vice Speaker Eddie Calvo, R-Maite and chairman of the finance committee, decided to suspend it because there were no representatives from the administration and the required documents have not yet been submitted.
“It is obvious to me that the administration is not in a hurry. The Legislature has a very short time as it is to review the administration’s proposal,” Calvo said.
Both the administration and the Legislature only have until the end of this month to craft and approve a revised budget.
Otherwise, the administration has said it would have to furlough some 2,222 employees in order for GovGuam to continue operations.
The session did resume late yesterday afternoon after the administration submitted its financial documents. However, senators were still not satisfied, saying that the administration’s data still don’t make sense.
But according to the administration, its officials have already provided the information necessary for senators to examine the proposed revenue adjustments in Gov. Felix P. Camacho’s revised balanced budget. 
According to the governor’s office, the tracking worksheets for actual revenues for the past five months, along with actual collections data for the past nine years, were provided to senators along with the justification for adjustments in revenues. 
Administration officials also said they provided the variance between actual tracking of revenues and forecasted revenues. 
“We’re providing the information the Legislature is asking for and we’re here to work with senators to show what we anticipate revenues really will be and to appropriate accordingly. The tracking sheets clearly show where we’re headed and we need to adjust so we can balance the budget and maintain critical services without furloughing any employees,” Department of Administration director Lou Perez said.
The governor’s revised balanced budget bill includes adjustments in spending, the authority to issue a line of credit to meet critical cash needs, and the creation of a Structural Stabilization Fund. 
If the revised balanced budget bill is not passed by April 1, the administration said it will have no choice but to begin furloughing government of Guam employees.