"The Nuclear Regulatory Commission has issued its Performance and Accountability Report for FY 2007 that shows the agency has again achieved its safety and security performance goals over the past 12 months. The agency continues to position its resources and organization to maintain strong oversight of existing nuclear facilities and to review applications for new nuclear power reactors, license renewals for existing facilities, and a potential license application for a high-level waste repository.
"This report clearly demonstrates that the NRC's financial and performance data are reliable and complete and that the agency has prudently managed the funds entrusted to it by the American public," said Chairman Dale Klein.
The NRC implemented a number of internal control improvements, eliminated a long-standing material weakness relating to the fee-billing process, and evaluated its internal controls, including those relating to financial reporting and the agency’s financial management systems as required by the Federal Managers Financial Integrity Act. The report notes that there is reasonable assurance that the NRC is in compliance with the Act and has developed a corrective action plan to eliminate a material weakness associated with information technology security. The agency is also in the process of integrating and modernizing its financial systems to enhance controls, reporting, and decision-making.
The NRC continues its high-quality service to the public to enable the use and management of radioactive materials and nuclear fuel for beneficial civilian purposes in a manner that protects public health and safety and the environment, and promotes the security of the Nation."