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FINANCE SUBCOMMITTEE

The hospital alone is expected to cost approximately $600 million to $800 million. The source of funds includes the American Rescue Plan funding in addition to funding covered under Public Law 36-56 sponsored by Senator Joe San Agustin.

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See MAP link for budget HERE.

See link for legislation  HERE.

Meeting Minutes

May 6, 2021 - Highlights

  • Role of the finance subcommittee

  • General estimates of funding needs

  • GovGuam Debt ceiling

  • Federal capital programs to assist hospitals

  • Finance options

  • The need for a Financial Advisor that specializes in healthcare financing

May 19, 2021 - Highlights

  • Bill 121-36

  • Phased approach to financing

  • Traditional and nontraditional financing sources

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