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Guam- The Port Authority of Guam is trending 6% below its budget projections.
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According to Port General Manager Mary Torres, their Board of Directors are in the middle of approving a mid year budget with the goal of ending the fiscal year with a surplus. Currently, Torres says their revenue projections are now at $35.4 million dollars, which is around a 6% reduction from the original $37 million. She mentions the Port is exercising fiscal responsibility by making cuts, adjustments and prioritizing critical positions.
“Any other positions that we believe we can hold off or not fill, we're not filling them” said Torres. “We have a hiring freeze in that regard. There are positions that are clearly are necessary for operations and necessary for compliance with coast guard regulations, so that's what we're doing.”
The Port board is also looking to fill two positions, which is for an Assistant Harbor Master position and a Deputy Chief of Police. However, money to fund those positions is in question and needs to be clarified before anything can move forward.
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