Budget Hearing

With two Democrats joining the nine-member Republican majority, the 38th Guam Legislature overrode Gov. Lou Leon Guerrero's veto of the fiscal 2026 budget.

The Port Authority of Guam is seeing mixed results in its latest financial report, with fewer containers moving through the port, but overall revenues showing signs of recovery.

Guam's business community came out in support of rolling back the business privilege tax from 5% to 4% on Oct. 1, 2026.

The budget bill amendment was introduced by Sen. Shawn Gumataotao

Guam DOE is reporting more than $140 million in expenditures under the American Rescue Plan.

The Guam Department of Administration (DOA) is focusing on strengthening financial oversight and efficiency as it prepares for Fiscal Year 2026.

At a budget hearing for FY26, Department of Corrections officials told lawmakers that a $16M contract to design a new facility has been canceled.