Budget Act Archives - Page 3 of 5

OAG says Superior Court lacks jurisdiction

The Superior Court has no jurisdiction to hear a motion to declare the 2016 Budget Act unconstitutional, according to the Office of the Attorney General yesterday. Assistant attorney general David Lochabay also asserted that the plaintiffs, who filed such a request to declare,...

Posted On Mar 29 2016 06:00

, By Ferdie De La Torre

Senate: Proposed annual budget doesn’t include payments for judgments

The law does not mandate the governor’s proposed annual budget to include the payments of courts’ judgments owed by the government, according to Senate legal counsel Jose A. Bermudes. Bermudes said it is also equally true that the Planning and Budget Act does not provide that the...

Posted On Feb 01 2016 06:06

, By Ferdie De La Torre

Fiscal chair eyes meeting with DoF on $9.18M FY 2015 deficit

Rep. Antonio Sablan, who chairs the House Fiscal Committee, is looking to call on the Department of Finance in the coming weeks to learn the details of the $9.18 million shortfall in fiscal year 2015 revenue projections. He hopes to have Finance Secretary Larissa Larson present...

Posted On Jan 15 2016 04:00

, By Dennis B. Chan

Soudelor triggered $9M deficit in FY’15—report

The CNMI government reported total revenue collections of $125.15 million in fiscal year 2015—short by about $9.18 million compared to the projected revenue for the fiscal year. That means the government’s total expenditures exceeded revenues appropriated in last year’s Budget...

Posted On Jan 05 2016 06:06

, By Dennis B. Chan

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OAG says Superior Court lacks jurisdiction

Senate: Proposed annual budget doesn’t include payments for judgments

Fiscal chair eyes meeting with DoF on $9.18M FY 2015 deficit

Soudelor triggered $9M deficit in FY’15—report

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