Annual Budget

For the purposes of Chapter 51A of Title 10 of the Guam Code Annotated, the term annual budget means a balanced budget for expenditures of the Guam Solid Waste Authority for a fiscal year to be funded by the anticipated revenues and other funds to be received and expended for the same fiscal year, submitted by the Authority to I Liheslaturan Guåhan and approved by law for the next fiscal year. The budget approved by I Liheslaturan Guåhan is not subject to the allotment process or the control of the Bureau of Budget and Management Research, nor shall I Maga’håga/Maga’låhi transfer funds out of the Authority. GSWA is authorized to use any carryover unexpended fund balances for purposes of Chapter 51A. SOURCE: Added by P.L. 31-020:3 (Apr. 18, 2011), effective 90 days from date of enactment pursuant to P.L. 31- 020:13. Amended by P.L. 36-054:XII:30 (Sept. 11, 2021). 2025 NOTE: Reference to the “Governor” replaced with I Maga’håga/Maga’låhi pursuant to 5 GCA § 1510.