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Form #: B-52 <br /> 7/18/91 <br /> DEPARTMENT OF FINANCE <br /> REQUEST FOR COUNCIL ACTION <br /> DEPARTMENT: Finance DATE: 7/15/19 <br /> STAFF CONTACT: Kay Oshiro PHONE: 961-8425 <br /> A. REQUEST: <br /> Prepare a resolution(s) authorizing the Mayor to enter into a multi-year agreement with the Office of the <br /> Auditor, State of Hawai'i. <br /> B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED): <br /> The County is requesting assistance from the Office of the Auditor, State of Hawai'i to conduct an audit of the G <br /> schedule of employer allocations of the Employees' Retirement System of the State of Hawai'i (ERS) in order <br /> to meet reporting reqirements under the Governmental Accounting Standards Board (GASB) Statement No. <br /> 68, "Accounting and Financial Reporting for Pensions." The office of the Auditor will be requesting that this <br /> new agreement be for a period of three (3) years. <br /> In order to expeditite the implemenatation of this Memorandum of Understanding (MOU), a waiver of <br /> Finance Committee is requested. <br /> SIGNED: DATE: ( <br /> Department Head <br />