Torres – “Sen. Pangelinan Knows TEFF Revenues Weren’t Realized Because He Thwarted the Funding”

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Guam – The Governor’s Communications Director Troy Torres has issued the following statement in response to a Friday release from Appropriations Chair Senator Ben Pangelinan urging Governor Calvo to release almost $31 million in funds that Senator Pangelinan maintains has been held in reserve  by the Governor from Guam DOE.

In his response, Torres states “Every time Sen. Pangelinan releases any information related to the budget, we should all be conditioned to question his numbers and his political motives.”

READ Senator Pangelinan’s release HERE 

Torres adds that “Sen. Pangelinan knows, full well, the truth about the budget reserve” saying “if it weren’t for the reserve, DOE would have run out of funding during FY2013 because of the TEFF over-projection.

Torres additionally says “Sen. Pangelinan also knows TEFF revenues weren’t realized because he thwarted the funding needed to revalue real property. He’s even sent out news releases celebrating this.”

READ the statement from Communications Director Troy Torres below:

Every time Sen. Pangelinan releases any information related to the budget, we should all be conditioned to question his numbers and his political motives. This is yet another distortion of the truth… one that hardly deserves attention, especially during the holidays.

Sen. Pangelinan knows, full well, the truth about the budget reserve, what it’s for, and why it’s important. If it weren’t for the reserve, DOE would have run out of funding during FY2013 because of the TEFF over-projection. Sen. Pangelinan also knows TEFF revenues weren’t realized because he thwarted the funding needed to revalue real property. He’s even sent out news releases celebrating this.

We’re not sure what kind of magic the senator wants us to use to make $31 million appear out of nowhere. That’s because all the money used in FY2013 was for the government’s operations, plus the payment of tax refunds and outstanding obligations like increments, merit bonuses, and vendor payables. This includes what was budgeted, and what was held in reserve, not just from DOE, but from every agency. As a matter of fact, DOE received more funding than there were revenues allotted to the agency. All that was actually in DOE’s reserve was released.

The big question shouldn’t be about the reserve, it should be about why a reserve is necessary at all. The answer rests somewhere between the need to prepare for unexpected emergencies and the failure of the budget committee to budget for outstanding bills, preferring instead to pretend like they don’t exist, then blaming the Governor for actually taking care of these problems for them.

We hope the senator drops these theatrics, and instead focus on the solutions together with us. We welcome him wholeheartedly to our table, especially during this joyous Christmas season.