FOR IMMEDIATE RELEASE
June 30, 2025
MEMORANDUM
To: All Senators, Stakeholders, and Media
From: Senator Christopher M. Dueñas
Chairman, Committee on Finance and Government Operations
Re: SECOND NOTICE – Special Economic Service (SES) Meeting on July 3, 2025
The Committee on Finance and Government Operations will conduct the Special Economic Service Meeting on Thursday, July 3, 2025, beginning at 2:00 pm at the Public Hearing Room in the Guam Congress Building. The agenda is as follows:
I. Call to OrderII. Roll CallIII. FY 2025 Revenue Tracking (BBMR, DOA, DRT)a. May Consolidated Revenue and Expenditure Reportb. May Special Revenue Funds Tracking Reportc. Shortfalls and Projected Revenues for Remaining FY 2025IV. FY 2025 Advanced Tax Credit Amounts Updates (BBMR, DOA, DRT)a. Earned Income Tax Creditb. Child Tax Creditc. Additional Child Tax Creditd. Other Advancements or ReimbursementsV. FY 2026 Assumptions Supporting Revenue Projections (BBMR, DRT, DOA)a. Individualb. Corporatec. Withholdingd. Business Privilege Taxe. Section 30f. Major Special FundsVI. FY 2026 Estimated Tax Credit Advancements or Reimbursements (BBMR, DRT, DOA)VII. Tax Refunds and Collections (DRT)a. Status on Outstanding Tax Refund Paymentsb. Use TaxVIII. Federal Assistance Funds Availability (DRT, DOA, BBMR, DOL, GEDA, GVB, GSC)a. American Rescue Plan Fundsb. Updates on Congressional AppropriationsIX. Updates on FY 2024 GovGuam Audit (OPA)X. Debt Service Management for FY 2026 (GEDA)a. Plans for Refinancing and Restructuring for Debt Servicesb. New and Contemplated FinancingXI. Update and Outlook on Guam’s Tourism (GVB)a. FY 2025 Tourism Status Updateb. FY 2026 Tourism Outlook and Estimated Tourists ArrivalsXII. Guam’s Economic Outlook for FY 2026 (DOL)XIII. Federal/Military Contributions/Expenditures (BSP, DOL)a. Status on Military Contracts and Effect on GovGuam RevenuesXIV. Open to DiscussionXV. Adjournment
In compliance with Title II of the Americans with Disabilities Act (ADA), all government activities, programs, and services are accessible to individuals with disabilities. If you or anyone you know requires assistance or special accommodations to participate in the meeting, please contact the Office of Senator Christopher M. Dueñas for further assistance via email at senator.duenas@
The meeting will be broadcast LIVE on local television (GTA Channel 21, Docomo Channel 117) and streamed online via I Liheslaturan Guåhan’s YouTube Channel (@guamlegislaturemedia).
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