Nestor Licanto

1 week ago | mvariety.com | Nestor Licanto

HAGÅTÑA (The Guam Daily Post) — A new report by the U.S. Government Accountability Office indicates there are more challenges facing the proposed missile defense system for the island. The report also includes never before publicly released information about the system's deployment timeline. The 42-page report was released May 22 to U.S. Rep.

2 weeks ago | mvariety.com | Nestor Licanto

HAGÅTÑA (The Guam Daily Post) — Government of Guam revenue collections through the "tax month" of April currently remain comfortably higher than GovGuam finance officials "conservative" projections, according to the Consolidated Revenue and Expenditure report or CRER. The latest report that tracks government tax revenue shows total actual general fund collections through the first seven months of the year of $683.3 million, which continue to outpace projected revenue of $631.2 million.

2 weeks ago | mvariety.com | Nestor Licanto

HAGÅTÑA (The Guam Daily Post) — A Guam Department of Labor official said there's been a lull in the recruitment of foreign H2 workers, and the military has slowed its awarding of buildup related contracts. Greg Massey, administrator of GDOL's alien labor and certification division, said in a public hearing held by lawmakers Tuesday at the Guam Congress Building in Hagåtña, "It's kind of stayed stagnant.

3 weeks ago | mvariety.com | Nestor Licanto

HAGÅTÑA (The Guam Daily Post) — The fate of more than 780 local employees whose positions are covered by some $27.1 million in federally funded programs are now in the hands of Guam Delegate James Moylan. That was the message from legislative Committee on Finance and Government Operations Chair Sen. Chris Duenas in a press release Tuesday. Duenas and Sen.

1 month ago | postguam.com | Nestor Licanto

The Guam Memorial Hospital Authority testified at a budget hearing Monday that it is $21.9 million short of what it will need to cover projected operational costs for fiscal year 2026. The hospital also said it is working on a cost reduction plan that would include reducing its 1,200 full-time and part-time positions by 10% to save up to $10-13 million annually in personnel costs. GMHA presented a spending plan of $213.6 million, but identified only $191.7 million in anticipated funding.