FIRST NOTICE – Special Economic Service (SES) Meeting on June 10, 2026

FIRST NOTICE – Special Economic Service (SES) Meeting on June 10, 2026

MEETING

FOR IMMEDIATE RELEASE
June 3, 2026
 
To:       All Senators, Stakeholders, and Media

From:  Senator Christopher M. Dueñas

            Chairman, Committee on Finance and Government Operations

Re:        FIRST NOTICE – Special Economic Service (SES) Meeting on  June 10, 2026




 The Committee on Finance and Government Operations will conduct the Special Economic Service Meeting on Wednesday, June 10, 2026, beginning at 9:00 am at the Public Hearing Room in the Guam Congress Building. The agenda is as follows:
 
SPECIAL ECONOMIC SERVICE MEETING
Wednesday, June 10, 2026
Guam Congress Building Public Hearing Room
9:00 AM
 
I. Call to Order
 
II. Roll Call
 
III. FY 2026 Revenue Tracking (BBMR, DOA, DRT)
a. April Consolidated Revenue and Expenditure Report
b. April Special Revenue Funds Tracking Report
c. Shortfalls and Projected Revenues for Remaining FY 2026
 
IV. FY 2026 Advanced Tax Credit Amounts Updates (BBMR, DOA, DRT)
a. Earned Income Tax Credit
b. Child Tax Credit
c. Additional Child Tax Credit
d. Other Advancements or Reimbursements
 
V. FY 2027 Assumptions Supporting Revenue Projections (BBMR, DRT, DOA)
a. Individual
b. Corporate
c. Withholding
d. Business Privilege Tax
e. Section 30
f. Major Special Funds
 
VI. FY 2027 Estimated Tax Credit Advancements or Reimbursements (BBMR, DRT, DOA)
 
VII. Tax Refunds and Collections (DRT)
a. Status on Outstanding Tax Refund Payments
b. Use Tax
 
VIII. Federal Assistance Funds Availability (DRT, DOA, BBMR, DOL, GEDA, GVB, GSC)
a. Outstanding American Rescue Plan Funds
b. Updates on Federal Emergency Management Agency Reimbursements
 
IX. Government of Guam Audit (OPA, DOA)
a.       FY 2024 Audit
b.      Updates on FY 2025 Audit
 
X. Debt Service Management for FY 2027 (GEDA)
a. Plans for Refinancing and Restructuring for Debt Services
b. New and Proposed Financing
 
XI. Update and Outlook on Guam’s Tourism (GVB)
a. FY 2026 Tourism Status Update
b. FY 2027 Tourism Outlook and Estimated Tourists Arrivals
 
XII. Guam’s Economic Outlook for FY 2027 (DOL)
 
XIII. Federal/Military Contributions/Expenditures (BSP, DOL, BBMR, DRT)
a. Status on Military Contracts and Effect on GovGuam Revenues
 
XIV. Open to Discussion
 
XV. 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@guamlegislature.gov or by phone at (671) 989-9554.
 
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).
 
 
 
 
This ad was paid with funds by the Office of Finance & Budget
 
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