Guam § 77114 - Public Recreation Services Fund.

§ 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.

COL1/11/2022

CH. 77 PARKS & RECREATION

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.