2017-COH - Local Government Financial Test Worksheet

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N WF ;A� N&K CPAs, Inc. ACCOUNTANTS I CONSULTANTS AMERICAN SAVINGS BANK TOWER 1001 BISHOP STREET, SUITE 1700 HONOLULU, HAWAII 96813-3696 T (808) 524-2255 F (808) 523-2090 INDEPENDENT ACCOUNTANT'S REPORT ON APPLYING AGREED-UPON PROCEDURES To the Director of Finance County of Hawaii, State of Hawaii We have performed the procedures enumerated below, which were agreed to by the County of Hawaii, State of Hawaii (County) and the U.S. Environmental Protection Agency, on the accompanying Local Government Financial Test Worksheet prepared in accordance with the Federal Register (40 CFR Part 258 - Criteria For Municipal Solid Waste Landfills for the fiscal year ended June 30, 2017. The County's management is responsible for the Local Government Financial Test Worksheet. The sufficiency of these procedures is solely the responsibility of those parties specified in the report. Consequently, we make no representation regarding the sufficiency of the procedures described below either for the purpose for which this report has been requested or for any other purpose. We performed the following agreed-upon procedures for the fiscal year ended June 30, 2017. These procedures were performed using the definitions in Attachment 2. 1. With respect to the computation of the excess of revenues over expenditures/expenses, we recomputed the amount for the fiscal year ended June 30, 2017 by deducting total expenditures/expenses, as adjusted, from total revenues. We compared the amounts, which comprise the total revenues and total expenditures/expenses, as adjusted, with the related amounts in the County's Comprehensive Annual Financial Report (CAFR) for the fiscal year ended June 30, 2017 and we found such amounts to be in agreement with the amounts presented in the County's CAFR. 2. We verified that the computations on the Local Government Financial Test Worksheet were arithmetically correct. 3. We audited the County's CAFR as of and for the fiscal year ended June 30, 2017 to determine whether the County's basic financial statements were prepared in accordance with U.S. generally accepted accounting principles and have issued our report thereon dated December 28, 2017. Our independent auditor's report states that, in our opinion, the County's basic financial statements present fairly, in all material respects, the respective financial position of the governmental activities, the business -type activities, the discretely presented component unit, each major fund, and the aggregate remaining fund information of the County as of June 30, 2017, and the respective changes in the financial position and, where 2