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CPA falls short in revenue target

The Commonwealth Ports Authority has failed to generate the needed revenue last month to meet debt service coverage for its $53 million debt as income from operations continue to nosedive.
Posted On Feb 16 1999 00:00
, By

Tinian lawmakers OK fund transfer

The Tinian Legislative Delegation has adopted a resolution allowing the transfer of some $3 million from the $8 million fund allocated to the Tinian Civic Center under Section 702 of the Covenant for the extension of existing West Tinian Airport runway.
Posted On Feb 16 1999 00:00
, By

PSS prepares budget proposals

The Public School System is preparing three budget reports for the next fiscal year that will reconcile academic aspirations with the present financial status.
Posted On Feb 16 1999 00:00
, By

Administration begins “ABC” plan

Against the tide of a constant slide in revenue generation, the governor has ordered his cabinet members to submit plans for the following: A.) More cuts on individual department expenditure. B.) Reduction in work hours. C). Lay-off of government employees.
Posted On Feb 16 1999 00:00
, By
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