Guam governor meets with credit rating agencies, visits troops
Governor Lou Leon Guerrero is still in the United States on official government of Guam business, a news release from Adelup stated.
Following a three-day meeting in Vail, Colorado to attend the Western Governors’ Association’s (WGA) annual meeting, the governor traveled to San Francisco, California with members of her fiscal discipline team for a bond presentation.
Leon Guerrero and her team made a presentation before credit rating agencies Standard and Poor’s (S&P) and Moody’s on the Guam Solid Waste Authority Bond, authorized under Public Law 35-21, which is intended to finance the construction of a new cell at the Layon Landfill.
“I’m confident in the presentation our team made to two of the ‘Big Three’ credit raters,” the governor said in the news release sent by Adelup to the media. “At the presentation, we were able to highlight our commitment to fiscal discipline throughout our government, aggressive efforts to collect on unpaid taxes and, in particular, a strong commitment to funding ‘Rainy Day Fund’ reserves. I believe we showcased a serious and pragmatic approach to fiscal discipline in governance and I look forward to favorable ratings within the month.”
Read more: https://pacificnewscenter.com/governor-meets-with-credit-rating-agencies-visits-troops/