General Fund Protected

To insure that the General Fund will not be burdened with expenditures for Federal projects, an agency head responsible for administering any Federal funds shall submit to the Director of the Guam State Clearinghouse on the 30th of each month a report on COL4/6/2022 CH. 22 GENERAL FISCAL POLICIES AND CONTROLS expenditures incurred for Federal programs for the preceding month. Said report shall be certified by the agency head for accuracy and compliance with all applicable laws and regulations governing administration of the programs. The form and details of this report shall be prescribed by the Director of the Guam State Clearinghouse. The Director of the Guam State Clearinghouse shall promptly discontinue disbursement of funds for Federal programs for noncompliance by agencies with these reporting and certification requirements.