16 Jul 2007

Guam government receives financial windfall from federal government

10:12 am on 16 July 2007

Guam's governor has cancelled his plan to furlough government workers after his

government received a $21.17 million cash windfall from the federal government.

The Pacific Daily News reports that Gov. Felix Camacho has also asked lawmakers to restore $18.15 million that was cut from agency budgets earlier this year.

The federal money is reimbursement for military and federal retirees on Guam who received tax refunds from the local government between 1984 and 2005, but who should have been paid by the federal government's Internal Revenue Service.

The governor has asked lawmakers to meet in emergency session today to restore agency budgets