Audit of Program.

(a) The Mayor shall audit the Program annually. (b) (1) By May 31st of each year, the Chief Financial Officer shall submit to the Council a report for the preceding fiscal year, which shall include: (A) The Mayor’s audit report for the year; (B) A financial accounting of the Program, including: (i) The operating and administrative budget for the Program, which shall include a complete list of revenue sources and expenditures detailing the line-item expenditures; (ii) The number of accounts entered into during the previous fiscal year; (iii) Efforts by the Chief Financial Officer in marketing the Program; and (iv) Any recommendations of the Chief Financial Officer concerning the operation of the Program. (2) The 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.