Governor Eddie Calvo signed Senator Tommy Morrison’s liquid fuel tax bill into law this afternoon (Thurs.) saying that it will allow DPW to repave village roads.
Guam – The new tax on fuel will generate a little over $3 million dollars which together with federal funds will give about $8 million dollars to pave roads. GovGuam will be able to pave at least two roads in each village. The mayors worked with DPW to determine the most important roads to pave in each village. 16 miles of village roads will be paved over the next few months.
“What we’re seeing here is a result of not only our local government in terms of our administration and the legislature but also working collaboratively with the federal government as well. And with that I will affix my signature and then you’re gonna get yourselves a lot of roads paved in the next few months,” said Governor Calvo.
The liquid fuel tax will result in an increase in fuel costs. Guam’s prices currently sit at $3.75 for a gallon of regular gas which is already over a dollar higher than the current national average of $2.47 per gallon. Guam’s gas prices are even higher than the state of Hawaii which has the highest gas prices for a state at $3.10 for a gallon of regular gas.