Terms Used In 5 Guam Code Ann. § 30118

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
The Office of the Attorney General shall receive an annual budget pursuant to appropriation by I Liheslaturan Guåhan, which is not subject to the allotment process or the control of the Bureau of Budget and Management Research, nor shall I Maga’lahen Guåhan impound or transfer funds appropriated to the Office of the Attorney General. The Office of the Attorney General shall receive from the Department of Administration, or its successor, an amount no less than one twelfth (1/12) of its budget on the first (1st) day of every month of the fiscal year until such budget has been exhausted. In a month in which more than two (2) pay periods occur, the Department of Administration shall release such funds required for the purpose of meeting the operational needs of the Office of the Attorney General for that month, provided a sufficient balance of the appropriation remains.

SOURCE: Added as uncodified law by P.L. 25-044:7 (June 9, 1999), and codified by the Compiler to this section. Amended by P.L. 31-153:3 (Nov.
21, 2011).

§30118.1. Fiscal Authority Accounting; Expenditures.

(a) The Office of the Attorney General shall be responsible for the conduct of operational matters addressing its financial activities, in accordance with and consistent with the provisions contained herein.

(b) The Department of Administration shall establish, for the benefit of the Office of the Attorney General, a fund to be knownas the “”Office of the Attorney General Operations Fund””, hereafter referred to as the “”Fund””, which shall be maintained by the general administrative services of the Department of Administration separate and apart from other funds of the government of Guam, and independent records and accounts shall be maintained in connection therewith. Financial statements detailing the revenues generated and expenses incurred of the Fund shall be submitted to the Speaker of I Liheslaturan Guåhan quarterly, or as otherwise required by law.

(c) All monies, except for monies required by law to be deposited in a special fund, received by the Office of the Attorney General, from whatever source derived, shall be deposited in the Fund bank account of an eligible bank, as defined in 5GCA § 21112, which is procured by the Department of Administration.

(d) All expenditures from the Fund shall be made by the Department of Administration, at the direction of the Office of the Attorney General.

(e) The Department of Administration shall adopt a uniform system of accounting, consistent with other government of Guam requirements, for the Fund and special funds of the Office of Attorney General.

SOURCE: Added by P.L. 31-153:4 (Nov. 21, 2011).

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