(a) There is created within the Superior Court of Guam the Safe Street Fund (Fund), which shall be maintained separate and apart from the other funds of the Superior Court of Guam. The Fund shall be held in an interest bearing account, and all interest earned shall remain in the Fund.

(b) All fines collected for any of the acts made unlawful in this Chapter shall be deposited in the Safe Streets Fund.

(c) So much of the Fund as is required is appropriated to the Department of Corrections to be used to compensate staff and provide supplies or facilities to house incarcerated persons convicted of misdemeanors and persons convicted of acts made unlawful in this Chapter.

(d) The Director of Corrections may expend no more than
Eight Thousand Dollars ($8,000) per month from the Fund for the purpose outlined in Subsection (c) of this Section, which the Administrative Director of the Courts shall pay over to the Director of Corrections on a regular basis. Any funds in excess of the monthly payment to the Director of Corrections and all funds accumulated shall be disbursed in accordance with § 9211(c) of Article 2, Chapter 9, Title 7, Guam Code Annotated.

(e) The Administrator of the Courts and the Director of Corrections shall submit an annual report to I Maga’låhen Guåhan and the Speaker of I Liheslaturan Guåhan regarding the status of the Fund no later than ninety (90) days after the close of the preceding fiscal year. Such report shall be included in the financial statements of the Judiciary of Guam, including its year- end financial statements.