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Education Funding

Guam’s Public Schools Running Out of Money

By The Associated Press — July 12, 2010 1 min read

The Guam Department of Education is seeking $10 million to carry the public school system through to Sept. 30, the end of the current fiscal year.

Superintendent Nerissa Bretania Underwood says if the money isn’t found, the department will have to shut down.

She says part of the shortfall stems from the department’s need to pay a note to the Guam Power Authority of about $200,000 a month, and the money wasn’t appropriated.

DOE Deputy Superintendent Taling Taitano says the schools have faced such financial problems before, but last year they were allowed to use bond money to address the operational shortfall.

The U.S. territory’s 32,000 public school students are set to start the new school year Aug. 10.

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Copyright 2010 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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