The 38th Guam Legislature passed a $1.42 billion executive spending plan for fiscal 2027 in a 13 to two vote on Aug. 18, clearing the path to roll back the island’s Business Privilege Tax to 4% while maintaining higher assessment rates on defense construction projects.
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Guam to get submarine maintenance facility
BY MAUREEN N. MARATITA
Journal Staff
Guam can look forward to a maintenance facility for submarines at Polaris Point.
Alexander Desroches, executive director of the Pearl Harbor Naval Shipyard and Intermediate Maintenance Facility told the Journal that what is known as the Guam Detachment of the Hawaii shipyard and facility is moving full steam ahead.