Transit agency needs $420,000 by August
By Zita Y. Taitano HAGÃ
TÃA, Guam (Marianas Variety, June 23, 2010) – The Guam Regional Transit Authority will shut down public transport operations if it doesn’t receive a supplemental budget before the end of August, according to Sen. Tom Ada, who introduced a bill appropriating US$420,000 for the remaining fiscal year to cover the transit authority’s shortfall.
Bill 427 would allow the transfer of US$420,000 from the Guam Highway Fund to the transit authority so that the agency can keep operations running.
"This is really not the first time that this has happened. This is an annual reoccurrence. They somehow run out of money for that final month of the fiscal year," he said, noting that the agency depends on a monthly contract service with private bus provider Kloppenburg Inc.
"As a result, it’s costing them to run the buses in this type of arrangement," he said. "By the end of August, they would have depleted...