Funding for the federal receiver overseeing Guam's compliance with the Ordot Consent Decree could be reduced, with some of it going to the Guam Solid Waste Authority, officials said.

At Tuesday's GSWA Board meeting, Joyce Tang, GBB's legal counsel in responding to GSWA Board Chair Andrew Gayle's question on next steps in the exit timeline to end the federal receivership and whether funding was squared away said that the funding component "is an interesting issue."

"Don't want to jump the gun here but I think that there may be, depending on how things play out with EPA, there may be an opportunity to reduce that funding and give some money to GSWA," Tang said. "So that it could be used for GSWA operations uses."

Officials also discussed what happens with Ordot Dump Post-closure money and what GSWA will inherit once the federal receivership ends.

GBB's Receiver Officer in Charge Harvey Gershman reported that $37,867,055.60 remains for the Ordot Dump Post-Closure Fund as of Aug. 31. The fund includes the Resource Conservation and Recovery Act Trust with $34,988,885.65, an investment account balance of $2,665,099.76 and the Treasurer Department of Administration "checkbook" account used to pay bills with $213,070.19.

"For the RCRA Trust fund there's very little under $35 million, more than what's required by EPA for the 30-year number. In the investment account it has $2.6M at the end of August. Earlier this month, we transferred $600,000 from that account to the checkbook account," Gershman said.

The latter covered several invoices paid in September to Guam Water Works Authority and Brown and Caldwell.

"That totals $637,000 and change being paid in September ... there's another $157,000 of invoices under review that Chris (Lund) is looking at as of today (Sept 29)," Gershman said.

He said funds in the investment account and the two receiver accounts will be drawn down to $2.2 to $2.3 million for invoice payments.

"That's probably enough for almost two years, from today if we keep paying bills. There's no extra monitoring, engineering work that the regulators say we need to do, just the standard maintenance and bills from GWA and Guam Power, etcetera," Gershman said confirming the projected monthly expenditures equates to roughly $100,000 a month.

"But hopefully, we're not going to have to use it all ... and whatever's left will get turned over to you all. So, that's what's going on down to the penny," Gershman added.

Other money matters centered around the GWA lawsuit and potential for settlement which Joyce Tang, GBB's legal counsel said could be financially beneficial to GSWA.

Tang however reported that a global stay tied to mediation is holding up the GWA lawsuit. She said she asked the judge for a status hearing several months ago but has not heard back.

Gayle said Miguel Bordallo, GWA's General Manager has expressed interest in resolving it.

Tang noted that she would reach out to arrange a meeting.