In February 2003 the accounting firm of Kearney & Company issued an unqualified "clean" audit report on the Library's fiscal 2002 Consolidated Financial Statement. In addition to issuing the Library's seventh consecutive "clean" audit opinion, Kearney & Company also issued unqualified audit opinions on the Madison Council, National Digital Library and Cooperative Acquisitions Program 2002 financial statements.
The Library of Congress received a total of $539,496,502 in appropriations for fiscal 2003, which was approved by two public laws. The Legislative Branch Appropriations Act of 2003 (Public Law 108-7), which was signed by the president on Feb. 20, 2003, appropriated $535,615,000, including authority to spend $36,362,000 in receipts. This act also included a 0.65 percent across-the-board rescission, which resulted in fiscal 2003 appropriations for the Library of $532,133,502, including authority to spend $36,321,758 in receipts. The Emergency Wartime Supplemental Appropriations Act, 2003 (Public Law 108-11), signed by the president on April 16, 2003, provided $5.5 million for the purchase and installation of a public address system for the Library buildings and $1,863,000 for the implementation of the Congressional Research Service's portion of the alternative computer facility.