Public Accounts of Montserrat 2021-2022

13th October, 2023

Public Accounts of Montserrat 2021-2022

The Report of the Auditor General on the Audit of the Public Accounts of Montserrat 2021-2022 was presented to the Legislative Assembly on 29 September, 2023.


The Auditor General has the responsibility of auditing the Public Accounts of Montserrat and of all public offices and public bodies established by an Act of the Legislature and to provide a report on her findings to the Legislative Assembly as per Section 103 of the Montserrat Constitution Order 2010 and Section 42(1) of the Public Finance (Management and Accountability) Act 2008.

Conclusions from the Audit of the 2020-21 Public Accounts

For this reporting period, the GOM collected a total of $136,775,116 of recurrent revenue, the total recurrent expenditure was $135,785,397 resulting in a surplus of $989,719. Authorised capital expenditure was $70,436,500 and actual capital expenditure amounted to $14,890,078. Various agencies such as FCDO and the EU provided contributions in the amount of $22,317,647 to facilitate implementation of capital projects.

The Government of Montserrat was issued with a qualified opinion on the 2021-2022 Public Accounts of Montserrat by the Office of the Auditor General. This audit opinion was given as the acting Auditor General, Miss Marsha Meade determined that 2 financial statements had material misstatements and that expenses were incurred without the authorisation of a warrant provided by the Minister as mandated by Section 24 of the Public Finance Act.

Miss Meade is expressing her concern with the increasing arrears of revenue being reported in the Public Accounts. When compared to the year 2019-2020, the arrears increased by $1,670,243 in 2020-21 and a further increase by $3,781,932 in 2021-22. In her report, the acting Auditor General has recommended that the required process and supporting infrastructure and staffing of compliance, of enforcement and of debt collection be implemented to assist Ministries and Departments with the timely and better collection of outstanding amounts.

Miss Meade further stated that given the foregoing findings, it is pleasing that her office continues to see improvement in the reporting by the Accountant General and by extension the Treasury Department in meeting the requirements of the Public Finance Act.

The acting Auditor General made a series of other recommendations including further improvements in financial management, governance and internal controls to make for a stronger, more efficient and effective public sector. She stated that none of the audit work could have been achieved without the indelible assistance of the Auditors who are responsible for conducting many aspects of the audit assignments. She thanked them for their contribution despite the many challenges encountered during the reporting year.

The report in its entirety can be found at the Montserrat Public Library, on the Office of the Auditor General Publications Page or by requesting an electronic copy from the Office of the Auditor General, located upstairs Angelo’s Complex, Brades. E-mail:; Telephone: (664) 491 – 3460 or 491 – 4569.