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Legislature adds general‑fund support to Guam Visitors Bureau as tourist-attraction revenue lags

5604921 · August 20, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Committee of the Whole reviewed the Guam Visitors Bureau appropriation for FY26 and heard OFB budget staff say the tourist‑attraction fund is tracking about $6–7 million below projection; the bill includes a $3.245 million general‑fund appropriation and $25.727 million from the TAF, totaling $28.97 million.

The Committee of the Whole reviewed the Guam Visitors Bureau (GVB) appropriation for fiscal year 2026 and heard from OFB budget staff that the visitor-attraction fund (TAF) is tracking millions of dollars below projections. For FY26, OFB’s budget presentation lists a $3,245,571 appropriation from the general fund and $25,727,166 from the tourist-attraction fund, for a combined GVB total of $28,972,737.

“Total amount being appropriated from the general fund is $3,245,571,” said Mr. Guerrero, the OFB budget director, and he told senators the tourist‑attraction fund is currently tracking roughly $6 million to $7 million below the projection used to…

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