House Ways and Means Committee chair Ray Basa (Cov-Saipan) introduced yesterday House Concurrent Resolution 17-4 to approve a fiscal year 2013 budget, a measure that Speaker Eli Cabrera (R-Saipan) said would be acted on during the next session.<\/p>\n
Fiscal year 2013 is from Oct. 1, 2012, to Sept. 30, 2013.<\/p>\n
Gov. Benigno R. Fitial submitted to the Legislature on March 30 a 2013 budget of $102 million, the same level as that of 2012.<\/p>\n
Under the governor\u2019s submission, the total projected resource for 2013 is $120.671 million. Of this amount, $102 million is available for government operations. The rest goes to bond payments, among other things.<\/p>\n
Basa, in an interview, said he will start convening the Ways and Means Committee next week to review the governor\u2019s 2013 budget submission.<\/p>\n
\u201cI am targeting mid-May to introduce a budget bill,\u201d he said.<\/p>\n
In fiscal year 2010, the government shut down for days because of failure to pass a budget on time resulting from a deadlock between the House and the Senate. <\/p>\n
In 2011, the House and Senate were also deadlocked on the budget but were able to pass a spending package a few days before the Oct. 1 start of the fiscal year.<\/p>\n
Basa said his committee will try to come up with a budget bill much earlier this year than in previous years.<\/p>\n","protected":false},"excerpt":{"rendered":"
House Ways and Means Committee chair Ray Basa (Cov-Saipan) introduced yesterday House Concurrent Resolution 17-4 to approve a fiscal year 2013 budget, a measure that Speaker Eli Cabrera (R-Saipan) said would be acted on during the next session.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-160505","post","type-post","status-publish","format-standard","hentry","category-local-news"],"_links":{"self":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/160505","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/comments?post=160505"}],"version-history":[{"count":0,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/160505\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/media?parent=160505"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/categories?post=160505"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/tags?post=160505"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}