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ASG spent only $.57-cents for every $1 collected in April
The Treasury Department’s Monthly Financial Overview Report for local funds for April 2008 has been submitted to Governor Togiola Tulafono from ASG Treasurer Gaea Perefoti Failautusi and the figures are nothing less than wonderful.
According to the report, for every $1 received in April, only $.57-cents was spent.
Altogether, ASG collected $10,483,649 and the actual expenditures amounted to only $5,994,074 for that month.
The excess in revenue can be credited to several ASG funding sources and departments which increased their collections – some by more than 1,000% like the Department of Health which collected nothing last April but raked in $5,947 two months ago. Others that went from penniless collections last April to $6,500 and $4,730 respectively the same time this year are Road Maintenance and Traffic Violations.
Even the Department of Parks and Recreation bumped its collections up to a whopping $6,450 from $700 the same time last year.
Perhaps the most notable increases came from the Tax Office which brought in $5,476,869 in April 2008 - nearly double what it brought in the same time last year ($2,862,098) – and the Tax Reserve which went from collecting a mere $412,040 last April to $1,263,997 two months ago.
Also, grants fund only had $4,858 in their account last April but the same time this year, that amount skyrocketed to $748,294.
The Department of Agriculture went from collecting $7,993 in April 2007 up to $25,201 the same time this year.
The following is a list of other ASG funding sources, departments, and agencies that contributed to the excess revenue for April 2008:
SOURCE |
2008 |
2007 |
Immigration Bond |
$56,244 |
$52,133 |
OMV |
$81,313 |
$81,045 |
Vital Statistics |
$5,199 |
$4,968 |
Attorney General |
$29,865 |
$24,265 |
Judicial |
$25,497 |
$21,410 |
Workmen’s Compensation |
$130,744 |
$90,352 |
Customs |
$1,727,135 |
$1,700,988 |
Port |
$262,394 |
$182,244 |
PFC |
$16,889 |
$6,946 |
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