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OPA issues unqualified opinion for Mayor's Council
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Guam - The Mayor's Council of Guam ended Fiscal Year 2013 with a qualified opinion based off the latest financial audit issued by the Office of Public Accountability. The qualified opinion issued today is based off of the mayor's non-appropriated funds specifically as a result of their inability to verify $19,000 of deposits and $38,000 of disbursements - an improvement from FY2012. The OPA further noted that like in prior years, the mayor's council continues to show findings of an absence of policies and procedures such as accounting and financial reporting along with compliance with procurement regulations. The financial audit meanwhile showed the mayor's council non-appropriated funds collectively received $1.1 million in FY2013 or a $64,000 increase from FY2012. This increase was primarily due to the integration of the Senior Citizen Operations Program. You can read the complete report on GuamOPA.com.