$32.7M Surplus for FY2017 Audit Shows Surplus & Further Reduction of Cumulative Deficit
June 28, 2018
June 28, 2018
HAGATNA, Guam, June 28 -- Gov. Eddie Baza Calvo, R-Guam, issued the following news release:
A combination of reducing spending and increased revenues have resulted in a surplus of $32.7 million surplus for Fiscal Year 2017.
The audit report issued by Deloitte & Touche contains an unmodified, or clean, opinion on GovGuam's financial statements.
The Government of Guam has kept up with obligations, reduced aging on vendor payments, refunded more than . . .
A combination of reducing spending and increased revenues have resulted in a surplus of $32.7 million surplus for Fiscal Year 2017.
The audit report issued by Deloitte & Touche contains an unmodified, or clean, opinion on GovGuam's financial statements.
The Government of Guam has kept up with obligations, reduced aging on vendor payments, refunded more than . . .