Tuesday, July 23, 2024/// DYCA PIO
Colonia, Yap— The Committee on Finance of the Eleventh Legislature of the State of Yap held a public hearing on Yap State’s 2025 fiscal year comprehensive budget, specifically for the Department of Resources and Development on Tuesday, July 23, 2024, at 10:00 am in the Legislature Chamber. Witnesses included Hon. Speaker Nicholas Figirlaarwon, Chairman of Finance Hon. Pius Talimeisei, Vice Chairman of Finance Hon. Ann-Marie Laamar, Vice Chairman of the Committee on Resources, Education & Development Liyon Sulog, Legislative staff, Acting-Director of Resource & Development and staff, Chief of Planning and Budget, and Chief Budget Officer. The discussions covered the proposed budget, with the Legislature recommending some changes and the Finance Committee raising questions about specific issues. The Department of Resource and Development(R&D) justified the proposed budget components, and the Legislature considered actions on parts of the budget. The review ensured clarity for all parties and addressed concerns and comments from both sides.
For R&D, the initial budget proposal of $1,426,235 was reduced by the EBRC to $1,080,823. The discussions covered the proposed budget, with the Legislature recommending some changes and the Finance Committee raising questions about specific issues. Key discussions included recommendations from the Finance Committee to work with personnel to assist in some areas of the budget and the Department of Resources and Development's need to move into a new building due to limited space and proximity to DYCA. The Department of Resource and Development justified the proposed budget components, and the Legislature considered actions on parts of the budget. The Department of Resource and Development justified the proposed budget components, and the Legislature considered actions on parts of the budget. The review ensured clarity for all parties and addressed concerns and comments from both sides of the Legislature and Department of R&D.
(For more information, please contact Yap State Legislature at (691) 350-2400 or Department of Resource and Development at (691) 350-2182.)
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