Terms Used In 1 Guam Code Ann. § 1915

  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
The Public Auditor shall submit to I Liheslaturan Guåhan on a continuous basis recommendations with respect to altering and amending the performance standards assigned to any government of Guam program, as well as recommendations with respect to procedures for evaluation compliance with or achievement of performance standards. Upon enactment of a law implementing a program and performance-based budget for the entire government of Guam, the Office of Public Accountability shall implement a continuous program of evaluation and justification review of all government of Guam agencies and shall submit a report of evaluation and justification review findings and recommendations to the Speaker of I Liheslaturan Guåhan, I Maga=lahen Guåhan, the head of the agency that was the subject of the review, and the head of any agency that is substantially affected by the findings and recommendations. Every agency, department and program of the government of Guam must be reviewed at least once annually,

1 Guam Code Ann. GENERAL PROVISIONS
CH. 19 OFFICE OF PUBLIC ACCOUNTABILITY

and a report must be made to I Liheslaturan Guåhan at least four
(4) months prior to the end of a fiscal year.

SOURCE: Added as an untitled section by P.L. 25-042:9 (June 9, 1999).

2015 NOTE: This provision was added as an untitled section, although in prior publications of the GCA, it was entitled “”Reports to the Legislature.””

Pursuant to P.L. 25-042:15, this provision becomes “”effective upon the first election of the Public Auditor pursuant to this Act.””