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Govt expects additional $39M in revenue

The administration of Gov. Ralph DLG Torres is expecting an additional $39 million will be pumped into the government’s coffers at the end of this fiscal year. The amount represents gross gaming tax from the nearly one-year operation of Best Sunshine International, Ltd.’s live...
Posted On Aug 03 2016 06:06
, By Jon Perez

Demapan to Torres: Show me the casino money

House Speaker Ralph Demapan (R-Saipan) has asked Gov. Ralph DLG Torres to make official or “identify” the reported $47 million in gross revenue tax paid out by the Saipan casino for this fiscal year, so that these funds can be divvied up in appropriations by the Legislature,...
Posted On Jul 19 2016 06:06
, By Dennis B. Chan

CUC announces rise in Fuel Adjustment Charge

Following a rise in the average fuel prices, the Commonwealth Utilities Corp. will increase the Fuel Adjustment Charge pass-through rate, previously known as the Levelized Energy Adjustment Clause (LEAC). The current FAC fuel charge of $0.13809 per kWh will increase to $0.14670...
Posted On Jul 06 2016 06:00
, By Press Release

CUC: Rise in fuel prices result in FAC increase

Following a rise in the average fuel prices, the Commonwealth Utilities Corp. will increase the Fuel Adjustment Charge pass-through rate, previously known as the Levelized Energy Adjustment Clause. The current FAC fuel charge of $0.11283 pre kWh will increase to $0.13809 per kWh...
Posted On Jun 15 2016 06:00
, By Press Release
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