21 GCA § 77114: Public Recreation Services Fund.

(a) Notwithstanding any other provision of law, there is hereby created, within the Department of Parks and Recreation, the ‘Public Recreation Services Fund’, which shall be a fund separate and apart from the General Fund and from any other special funds of the government of Guam. Any and all funds generated through department fees, fines and assessments by the Department of Parks and Recreation shall be deposited into the Public Recreation Services Fund. The Director of the Department shall administer said funds independently from the General Fund, with a minimum requirement of dual signatures for the expenditure of any funds within the authorized guidelines.

Expenditures of the Public Recreation Services Fund shall be restricted to expenditures in the following areas, and for the following purposes:

(1) the maintenance, upgrade and upkeep of all parks and recreational facilities within the jurisdiction of the Department;

(2) the purchase of supplies, materials and equipment to support the activities outlined in Subsection (1) above; and

(3) the creation or continuance of existing community related programs and activities for the benefit of the island. Funds from the Public Recreation Services Fund shall not be expended for personnel services, but used solely for operations as highlighted above. The expenditure of all funds in the Public Recreation Services Fund shall be subject to legislative appropria-tion.

The Director of the Department of Parks and Recreation shall provide a monthly financial report on the funds generated each month, within ten (10) days following the preceding month.

(b) The establishment of the Public Recreation Services Fund shall replace all funds previously identified in Chapter 77 of Title 21, Guam Code Annotated, including the ‘Parks Fund’, ‘Parks and Recreation Revolving Fund’, and the ‘Recreation Revolving Fund’, with said funds to be closed immediately. The balances of all the funds following reconciliation of the respective accounts shall be included in a written report to be provided to the Speaker of I Liheslaturan Guåhan, no later than ten (10) days after such transaction.