lawyer at desk

Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In 5 Guam Code Ann. § 4110

  • 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) Each territorial agency (other than the Legislature and the courts), shall submit a performance report to the Bureau of Budget and Management Research on or before September 1 for the preceding fiscal year. These reports shall be in the form prescribed by the Bureau of Budget and Management Research and shall include statements concerning:

(1) The work accomplished and the services provided in the preceding fiscal year or other meaningful work period, relating actual accomplishments to those planned under Subsection (b) of § 4109.

(2) The relationship of accomplishments and services to the policy decisions and budget determinations of the Governor and the Legislature.

(3) The costs of accomplishing the work and providing the services, and, to the extent feasible, citing meaningful measures of program effectiveness and cost.

(4) The administrative improvements made in the preceding year, potential improvements in future years, and suggested changes

COL1312018
5 Guam Code Ann. GOVERNMENT OPERATIONS
CH. 4 PROGRAM BUDGETING AND FINANCIAL MANAGEMENT

in legislation or administrative procedures to make further improvements.

(b) The Bureau of Budget and Management Research shall summarize the performance reports and forward, through the Governor, copies of the Legislature.

SOURCE: GC § 5159 added by P.L. 12-115.

  Previous section
Next section  
 Chapter 4 Contents