A Way To Promote Better Management of Guam's Resources and To Increase Its Self-Reliance
GGD-77-80: Published: Sep 13, 1977. Publicly Released: Sep 13, 1977.
- Full Report:
The Department of the Interior has not prepared the Government of Guam adequately for increased self-reliance, a necessary step in achieving the basic U.S. policy of Guam's self-determination.
Guam's current fiscal crisis underscores the need for Interior's assistance in developing a strong financial management capability. Guam's inadequate budgeting process, inaccurate and untimely accounting system, inability to collect accounts receivable, over-expansion of Government operations, shortages of qualified middle managers, and ineffective federal oversight have hindered Guam's progress toward self-reliance.