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Terms Used In 17 Guam Code Ann. § 10107

  • 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.
The amount of One Million Six Hundred Ninety-one Thousand One Hundred Fifty Dollars ($1,691,150) is hereby allotted to the fund “Y Kuentan Salappe’ Prinsepat”, established pursuant to Section 10102 of

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17 Guam Code Ann. EDUCATION
CH. 10 Y KUENTAN SALAPPE’ PRINSEPAT

Chapter 10, Title 17 of the Government Code of Guam. Those schools with enrollments of One Hundred (100) to Five Hundred (500) students will be allocated funds for Five Hundred (500) students. Schools with enrollments of Five Hundred One (501) or greater will be allocated funds based on actual enrollment.
Within the Fiscal Year 1997 Office of the Superintendent of Schools “”Y Kuentan Salappe’ Prinsepat”” budget category are funds allotted at a rate of Fifty Dollars ($50) per student with the exception of the following schools with student populations at less than Five Hundred (500) which will receive a minimum of Twenty Five Thousand Dollars ($25,000) per school. These schools are as follows: F.Q. Sanchez (120); Inarajan Elementary (399); Merizo Elementary (354); J.P. Torres (338); Talofofo Elementary (359); and, L.B. Johnson (416) funding for Salappe’ Prinsepat. The funds shall be made available in two installments, payable in an amount equal to the number of students officially registered at each school as reported in September and February, except for schools stated above. This category, “”Y Kuentan Salappe’ Prinsepat””, shall be exempt from any administrative transfer authority granted or authorized pursuant to this Act
SOURCE: Added by P.L. 23-128:IV:29(c).

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