Marianas Variety

Last updateSat, 21 Oct 2017 10am

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    Saturday, October 21, 2017-2:23:18A.M.

     

     

     

     

     

Budget resolution still pending in Senate

HOUSE Committee on Ways and Means Chairman Angel Demapan is hoping that the Senate will act soon on the concurrent resolution for the fiscal year 2018 budget.

Angel Demapan
Introduced by Demapan, House Concurrent Resolution 20-1 approves the identified CNMI revenues and resources for FY 2018 which begins on Oct. 1, 2017 and ends on Sept. 30, 2018.

The resolution is still with the Senate Committee on Fiscal Affairs chaired by Sen. Jude Hofschneider who said they are still trying to get clarification from the Department of Finance.

“We need the Senate to pass the concurrent resolution before we [the House can] pass the budget bill,” Demapan said.

“So hopefully the Senate will be able to resolve whatever issues they are having. It is my understanding that they are meeting with Finance so we are hoping that Finance will submit the requested information to the Senate so it can adopt the resolution, and we can keep moving forward.

“I will reach out to our counterparts in the Senate and discuss this issue,” Demapan added.

H.C.R. 20-1 identified a total projected revenue of $236,770,472 million for FY 2018.

Of this amount, $150,114,119 is available for appropriation and includes $4,854,044 for the Department of Public Lands.