§ 4101 Short Title
§ 4102 Statement of Policy
§ 4102.1 Fiscal Year
§ 4103 Responsibilities of I Maga\’lahen Guåhan
§ 4103.1 Special Fund Transfer
§ 4104 Responsibilities of the Legislature
§ 4105 Responsibilities of the Bureau of Budget and Management\r\nResearch
§ 4106 Agency Program and Financial Plans
§ 4107 I Maga\’lahi (the Governor\’s) Recommendation
§ 4108 Legislative Review
§ 4109 Program Execution
§ 4110 Performance Reporting
§ 4111 Appropriation for Unauthorized Agencies and Programs
§ 4112 Agencies to Submit Budget Request
§ 4113 Funding Required for New Programs
§ 4114 Other Available Funds
§ 4115 Inapplicability of § 4113 and § 4114
§ 4116 Transmittal of Mandates
§ 4117 Definitions
§ 4118 Cash Reports from the Department of Administration
§ 4118.1 Quarterly Statement of Revenues, Expenditures and\r\nChanges in Fund Balance Report
§ 4118.2 Monthly Cash Balance Reports for General and Special\r\nFunds and Bond Proceeds Trust Accounts
§ 4120 Budgets to be Posted on Agencies\’ Websites
§ 4121 Suspension of Salary of I Maga\’lahen Guåhan
§ 4122 Wireless Communications Restrictions
§ 4123 Federal Receipts Reporting Requirements
§ 4124 Monthly Consolidated Tax Collections Report
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Terms Used In Guam Code > Title 5 > Chapter 4 - Program Budgeting and Financial Management

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Appraisal: A determination of property value.
  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Personal property: All property that is not real property.
  • Public defender: Represent defendants who can't afford an attorney in criminal matters.
  • Sequester: To separate. Sometimes juries are sequestered from outside influences during their deliberations.
  • Trustee: A person or institution holding and administering property in trust.