By Gemma Q. Casas
SAIPAN, CNMI (Marianas Variety, Feb. 28) - The defunct Marianas Public Lands Authority was operating on a US$4.9 million spending level this fiscal year 2006 although its projected income from Commonwealth of the Northern Mariana Islands public land leases would reach only US$3.2 million, according to official documents obtained by Variety.
According to its summary of estimated revenues, the abolished agency, which has since been renamed the Department of Public Lands, allocated more than US$300,000 for the board’s airfare, per diem, car rentals and compensation.
The agency’s actual revenue, however, was short more than US$1.7 million to fully finance all of its projected operating expenses.
According to official data, the public lands agency was projecting collections of US$1.8 million through September 30, 2006, from long-term leases.
Of this figure, US$1.6 million were collectibles from Saipan; US$182,244 from Rota; and US$5,...