Guam § 22404 - Transfer Authority: Capital Improvements.

§ 22404. Transfer Authority: Capital Improvements.

There is hereby authorized an annual appropriation, for the

purpose of supplementing, by transfer, any appropriation made for

a capital improvement or other specific project, excluding annual

operating appropriations. Such transfers may be made by the

Governor, with the concurrence of the Committee on Rules of the

Legislature, in the following cases only:

(a) Where the transfer is found to be necessary to avoid

waste or to avoid undue delay in completing an improvement

or project; and

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(b) The total transfers shall in no event be more than

$5,000 or 10% of the appropriation, whichever is less, made

for the improvement project.