DOE Superintendent Authorizes Use of Reserve Funds For Charter School

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Guam – Superintendent Jon Fernandez has written a letter to Governor Eddie Calvo and Speaker Judi Won Pat supporting the decision to deduct funds from the Department of Education’s reserve funds to support Guahan Academy Charter School.


In previous letters Fernandez told Won Pat that he could not give authorization for funds to be deducted from DOE’s citing the department’s already difficult financial situation. Fernandez’s concerns were discussed with the Governor’s Chief of Staff, Charter school leaders and other stakeholders during meetings that were held in Speaker Won Pat’s office last week.  Based on those discussions Won Pat and Arriola proposed having the funds be deducted from DOE’s 15% reserve fund held by the Department of Administration.

Read the letter HERE

GACS will recieve $5,500 per pupil but that amount will be prorated for up to $687,500.

“On the basis of your assurances and support, I have sent a letter to the Director of the Department of Administration to authorize the deduction of funds as described herein,” Ferandez concludes in his letter.

GACS Public Relations Manager Therese Matanane last week told PNC that Guahan Acadmeny has set an August 19th start date.  The school which has struggled to open for more than two years is still without a facility.  Matanane said she expected the Invitation for Bids for a facility to go out this week.