OPA report: CHamoru Village losses worsen

Chamorro Village (PNC file photo)

The CHamoru Village, which was already losing money even before the pandemic, lost even more money in 2020 when COVID-19 hit Guam.

According to the Office of Public Accountability, for fiscal year 2020, CHamoru Village had a net loss of $68,000, compared with a $6,000 net loss in fiscal year 2019.

Total reported revenues decreased by $236,000, from $536,000 in FY 2019.

OPA attributed the decrease in revenues to the closure of the CHamoru Village operations between March 16, 2020, and the last quarter of fiscal year 2020. The CHamoru Village was closed pursuant to an executive order made in response to the COVID-19 global pandemic.

The CHamoru Village revenue figures were part of the OPA’s audit of the Department of Chamorro Affairs, which reported a combined net income of $58,000 for fiscal year 2020, compared with a fiscal year 2019 combined net loss of $660,000.