Guam § 79105 - Report.

§ 79105. Report.

The Chief shall transmit to I Maga'lahen Guåhan [Governor]

and to I Liheslaturan Guåhan [Guam Legislature], no later than

thirty (30) days after the end of each fiscal year, a detailed report of

each account of the Fund as follows:

(a) the estimated total value of property forfeited under any law

enforced or administered by the Guam Police Department with

respect to which funds were not deposited into the Fund;

(b) each account’s beginning balance on October 1 of each

year;

(c) sources of receipts (seized cash, conveyances and others);

(d) the net amount realized from the year’s operations, amount

of seized cash being held as evidence, and the amount of money

legally allowed to be carried over the following year;

(e) year-end of each account balance;

(f) a report for such fiscal year, containing financial statements,

reviewed by the Public Auditor, and an audited report every three

(3) years, including profit and loss information with respect to

forfeited property (by category), and financial information on

forfeited property transactions; and

(g) any other pertinent information.

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COL9192018

COL9192018