Over Expenditures News Today

DESPITE the 18.1% drop in excise tax collections, the CNMI government’s revenue collection was 22.1% higher than projected in the third quarter of fiscal year 2022, Finance Secretary David DLG

“ADDITIONAL hiring of law enforcement personnel has reduced the amount of overtime compared to prior year as there are more employees working regular hours and sharing responsibility for the CNMI safety.” This is part of the "corrective action plan" that the Department of Finance said it has implemented in response to the independent auditors report of Deloitte on CNMI internal control and on compliance for the year that ended on Sept. 30, 2019 or fiscal year 2018. It was in FY 2018 w...