{"data":{"id":"us-dc/d.c.-code-47-4512","jurisdiction":"us-dc","citation":"D.C. Code § 47-4512","heading":"Audit of Program.","body":"(a)\nThe Mayor shall audit the Program annually.\n\n(b)\n(1)\nBy May 31st of each year, the Chief Financial Officer shall submit to the Council a report for the preceding fiscal year, which shall include:\n(A)\nThe Mayor’s audit report for the year;\n(B)\nA financial accounting of the Program, including:\n(i)\nThe operating and administrative budget for the Program, which shall include a complete list of revenue sources and expenditures detailing the line-item expenditures;\n(ii)\nThe number of accounts entered into during the previous fiscal year;\n(iii)\nEfforts by the Chief Financial Officer in marketing the Program; and\n(iv)\nAny recommendations of the Chief Financial Officer concerning the operation of the Program.\n(2)\nThe Chief Financial Officer shall make available to each account owner a copy of a summary of the report and the option to purchase the full report at a nominal charge.","path":["Title 47. Taxation, Licensing, Permits, Assessments, and Fees. [Enacted title]","Chapter 45. College Savings Program."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/47-4512","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"29b9c5424cafd2c28bbab8489d4cb56fd73e75b06e563552c8fdf49ed27ece3c","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-47-4511","next":"us-dc/d.c.-code-47-4601"},"notice":"GroundRules: Original legal text. Not legal advice."}