Governor lauds administration’s financial achievements

ASG finances was again on the agenda of today’s cabinet meeting.

Governor Lolo Moliga said from a deficit of $7.8 million, when their administration first took office in 2013,  they’ve achieved a positive cash position of $3.9 million at the close of Fiscal Year 2018 last September 30.

As the governor told it when they took office, ASG owed a lot of money to businesses and people.

But in their first year they were able to reduce the deficit to $4.3 million.

Then in the following fiscal year they saw a need to improve roads, schools and the quality of living so they pushed the budget to the limits and in FY 2014 the deficit reached $13 million.

He said many accomplishments were made… roads were paved, schools were repaired and public health services improved.

By the end of FY 2015, the deficit was down to about $4.7 million, and the deficit continued to drop in FY 2016.

Lolo summarized that at the end of FY 2017, for the first time ASG finished the year in the black with a positive cash position of $786,000.

Play Audiofy2018-finances

The governor said the Fono will be presented with a history of ASG’s financial report since the start of their administration in the State of the Territory Address he will deliver on Monday.


11 Comments

  1. Se sole kama lea

    “…public health service improves improved…”? You are a delusional man. Typically a symptom of mental illness.

    Reply
  2. inoinopipiLo

    What a JOKE governor. May I say a good one too. Ua ova le tala ole o lenei kovana. Masalo o se uso o Trump. Ia fai ia lena pio, ua lata ona uma lou taimi.

    Reply
      1. Guest roaming around

        OI IOE……AND GRANT FUNDS APPROVED PRIOR THAT PAYS FOR ALL THE ROAD UPGRADES, IMPROVING SCHOOL FACILITIES, PUBLIC HEALTH SERVICES, ETC.! O FEA LĀ LE TUPE O MAUA MAI OU SCANNERS, GREEN BOMB MANU’ATELE, ETC. ……A’O LE FESILI, O TOTOGI LOU SISTA O MS. DAISY SE RENT I LAGA PISINISI CANTEEN CONTAINER GA FAI SESĒ LUGA O FANUA OLE MALO PEOPLE 1ST, OI PEOPLE SILO?? MALO FIA BIG ACHIEVERS!!

        Reply
  3. JUSTICE IS A COMING

    If we have so much money, why did we need to raise taxes? You, Cathy, Ueli, AG and the rest of your team really know how to hide the truth. I don’t how you sleep at night. God has a way to exact justice and he’ll make sure you pay for all of your misdeeds. Enjoy it while it lasts.

    Reply
  4. The Emperor has no clothes!

    @JUSTICE IS A COMING…….couldn’t have put it any better. Karma like death, eventually catches up! Well said. Male ava tele!!!!

    Reply
  5. Flubbing the excess flab!

    Were I George W. I’d probably call it “flubbery” but there’s no word as such and it damn sure sounds like it!

    Reply

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