GroundRules
5 GCA § 22903: Purpose and Expenditures.
Where this section sits in the code
- Title 5: Government Operations
- Division 2 - Administration of the Government
- Chapter 22: General Fiscal Policies and Controls
- ARTICLE 9: RAINY DAY FUND
The Rainy Day Fund shall be expended by appropriation by law for the following purposes:
(a) eliminating or reducing any General Fund deficit existing at the end of a fiscal year substantially resulting from an unexpected, substantial decline in revenues received or due to the General Fund; or
(b) for expenses caused by a Guam emergency. No monies can be transferred from the Rainy Day Fund by the Governor pursuant to her transfer authority.
Collected 2026-09-27T02:19:48Z. Source file · JSON