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Terms Used In 4 Guam Code Ann. § 4411

  • 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.
(a) There is hereby created the Civil Service Commission Revolving Fund, which shall be accounted for separately from the General Fund. Monies in the revolving fund shall not lapse at the end of a fiscal year but shall roll-over until used by the Commission.

(b) All monies received either as payment for Commission publications, photocopying fees, training, presentations, or other activities authorized by the Board shall be deposited into the Revolving Fund. Expenditure authority over the revolving fund is vested in the chair of the Commission.

(c) Moneys in the Revolving Fund shall be used to pay for printing or photocopying supplies of the Commission, related costs for creating or compiling Commission publications in electronic media format, materials for training, training of Commission staff, and membership dues for professional organizations relevant to the Commission. Moneys in the revolving fund shall not be used to pay any personnel expenses.

SOURCE: Added by P.L. 30-112:7 (Mar. 12, 2010).

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ARTICLE 5
PUBLIC EMPLOYEE PROTECTION

SOURCE: Entire Article 5 added by P.L. 24-069:1 (Sept. 30, 1997).

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