DOI OIG 2003-I-0003: Compliance with the Memorandum of Understanding Between the Governor of the U.S. Virgin Islands and the Secretary of the Interior
U.S. Department of the Interior Office of Inspector General Audit Report Compliance with the Memorandum of Understanding Between the Governor of the Virgin Islands and the Secretary of the Interior BC sh yo 22 SS ad = or - i eee ay a 5 or®, | >. 05 a eae - € tae. Report No. 2003-I-0003 January 2003 U.S. Department of the Interior Office of Inspector General EXECUTIVE SUMMARY Compliance with the Memorandum of Understanding Between the Governor of the U.S. Virgin Islands and the Secretary of the Interior Report No. 2003-I-0003 January 2003 BACKGROUND In October 1999, the Governor of the U.S. Virgin Islands and the Secretary of the Interior entered into a Memorandum of Understanding (MOU) whereby the Government of the Virgin Islands agreed to carry out a financial recovery program to eliminate its long-term debt and achieve a balanced budget. The Government of the Virgin Islands also agreed to standards for financial performance and fiscal accountability as a condition for new and additional Federal financial and technical assistance. …
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