2022 Guam Statutes
Title 11 - Finance & Taxation
Division 2 - Taxes
Chapter 31 - District Improvement Fund

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11 GCA FINANCE & TAXATION CH. 31 DISTRICT IMPROVEMENT FUND CHAPTER 31 DISTRICT IMPROVEMENT FUND § 31101. § 31102. § 31103. § 31104. § 31105. § 31106. § 31107. § 31108. § 31109. § 31110. § 31111. § 31112. Definitions. Fund. Subaccounts. Revenue Reports. Annual Deposits. Use. Injunction. Fund Report. Funds Unexpended. Alternate Funding. Severability. Effective Date. SOURCE: Chapter 31 was added by P.L. 20-183:1. § 31101. Definitions. The definitions set forth herein shall govern the construction and interpretation of this Chapter: (a) Director means the Director of Administration. (b) District means the municipal districts as defined in and established by Title 1, Guam Code Annotated. (c) Fund means the separate account established and maintained by the Director. (d) Improvement includes, but is not limited to, capital improvement projects, (roads, sidewalks, parks), services (streetlights, fire hydrants, equipment purchase, supplies), and other beautification projects (trees, plants). (e) Revenue means taxes collected from the Real Estate Property Tax levied in Chapter 24 of this Title. § 31102. Fund. There is established the District Improvement Fund (the Fund) which shall be maintained separate and apart from any other funds of the government of Guam and independent records shall be kept in connection therewith. § 31103. Subaccounts. 1 COL120106 11 GCA FINANCE & TAXATION CH. 31 DISTRICT IMPROVEMENT FUND The Director is hereby directed to establish and maintain the Fund which shall include subaccounts for each of the districts. § 31104. Revenue Reports. The Director of Revenue and Taxation shall provide the Director and the Legislature with a quarterly report of all revenue collected from each of the districts. § 31105. Annual Deposits. The Director shall deposit Two Million One Hundred Seventy-Five Thousand Dollars ($2,175,000) from the revenue collected annually in the following subaccounts of the Fund: Dededo $150,000 Tamuning-Tumon $150,000 Barrigada $150,000 Yigo $150,000 Mangilao $105,000 Agat $105,000 Mongmong-Toto-Maite $105,000 Sinajana $105,000 Santa Rita $105,000 Yona $105,000 Agana Heights $105,000 Agana $105,000 Chalan Pago-Ordot $105,000 Piti $105,000 Inarajan $105,000 Talofofo $105,000 Asan-Maina $105,000 Merizo $105,000 Umatac $105,000 § 31106. Use. 2 COL120106 11 GCA FINANCE & TAXATION CH. 31 DISTRICT IMPROVEMENT FUND Appropriations for improvements within a district may be made from the subaccount of the Fund for such district upon request to the Legislature by resolution of the Municipal Planning Council of such district but expenditures of such funds shall be governed by the procurement laws and regulations of the government of Guam. § 31107. Injunction. The Director is enjoined from transferring or expending funds from any of the district subaccounts except as authorized by resolution of such district’s Municipal Planning Council. § 31108. Fund Report. The Director shall provide the Legislature with a quarterly report of the balances of such district subaccounts. § 31109. Funds Unexpended. Unexpended funds remaining in the Fund after the end of each Fiscal Year shall remain in the Fund and shall become a part of the current Fiscal Year balance. § 31110. Alternate Funding. Any improvement that cannot be funded under this Chapter because of unavailability of funds may be funded from the unappropriated surplus of the General Fund. § 31111. Severability. If any of the provisions of this Chapter or the application thereof to any person or circumstances are held invalid, such invalidity shall not affect any other provision or application of this Chapter which can be given effect without the invalid provision or application, and to this end the provisions of this Chapter are severable. § 31112. Effective Date. The provisions of this Chapter shall take effect upon enactment, except that capital improvement projects which have received appropriations prior to the effective date of this Chapter will remain appropriated pursuant to the prior acts in which they were appropriated. ---------- 3 COL120106
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