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. ---------- COL9192018 COL9192018