On or before March 1 of each year, the Central Collection Unit shall issue a report to the Mayor and the Council that includes:
(1) The amount of delinquent debt collected in the preceding fiscal year;
(2) The amount of uncollected delinquent debt owed to the District; and
(3) A summary of the efforts made to collect delinquent debt owed to the District and the challenges that remain for collecting it.