![]() ![]() This is due to priorities for the release of GVB’s allotment, although TAF's actual collection came short of actual budgets. Motion to approve GVB management to charge $126,759.54 of un-replenished expenditures related to Vax N’ Win, Electronic Declaration Form, and Liberation Day program and charge it against the FY2020 Market Recovery funding.īackground: GVB management reported the expense tracking for the three programs and the anticipation that DOA will fully replenish the funds in prior board meetings. This will also eliminate the reconciliation needed for the ongoing external audit for 2021.įunding Source/Account: N/A Operating FundĢ. Therefore, reversal of receivable and reflection of accurate revenue and receivable as of September 30, 2021, is necessary. After meeting with BBMR and DOA on January 10, 2022, it was later confirmed that due to the shortage of TAF collection from projected, there would be no further allotment to be released to GVB related to FY2021. Motion to approve GVB management to reverse the revenue and collectible recorded in the fiscal year 2021 for August and September for a total of $1,064,850.00.īackground: Prior financial report presents assumptions that GVB will be able to collect full allotment with the drastically reduced budget for 2021. DESTINATION MANAGEMENT/VISITOR & SAFETY SATISFACTIONġ. Stephen Shu-Chih Hsu who is ending his tour on Guam and recognize his contributions as Director of the Taipei Economic and Cultural Office (TECO) in Guam.Į. Motion to approve Board Resolution 2022-004 for Mr. Army CHamoru Sergeant Major, dedicating more than 50 years of combined service. ![]() Francisco Guerrero for over 26 years of supporting Guam’s tourism industry with Lam Lam Tours and Transportation as its Assistant General Manager – Director of Training, and for his contribution to the island as a retired U.S. Motion to approve Board Resolution 2022-003 for Mr. Motion to approve Board Resolution 2022-002 for Joe Blas for his contributions to the Hotel Nikko Guam, Guam’s Tourism Industry, and the people of Guam and congratulating him on his retirement. Motion to approve Board Resolution 2022–001 for Tomatsu Iizuka for his over 50 years of contribution to the development of Guam’s tourism industry. MINUTES OF THE PREVIOUS MEETING EXHIBIT AĪpproval of Minutes of the previous Board of Directors meeting dated January 27, 2022. The Board of Directors will discuss the following: in the GVB’s main conference room and by Teleconference- via GoToMeeting. The Guam Visitors Bureau will hold a Regular Meeting of the Board of Directors on Thursday, February 10, at 1:30 p.m. ![]()
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