Report by the Director of Audit on the Public Accounts for the year 2024

Audit report on the 2024 public accounts. Programme content: the CIU closed as a government department on 9 August 2024 (event already recorded); it collected $244 million from 1 January to 8 August (recorded) = government fees $203m + Sustainable Growth Fund $36m + application fees $1.9m + background checks $2.9m (components now recorded; sum 243.8); CIU 32% of recurrent revenue (recorded). Former CIU employees are the only leavers whose pension refunds came from the Pension Fund (no amount for them). Year-on-year changes and variances against the revenue projection are printed but not recorded (derived comparisons; the projection itself is not printed). Not recorded: $28 million owed to the SIDF (public debt, PDF p. 38). Out of scope: other departments' revenue, taxes, expenditure, debt, deposit accounts and the special audits.