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HomeMy WebLinkAboutCOM 1030.000 2018-2020Harry Kim Mayor Deanna S. Sako Director Steven A. Hunt Deputy Director County of Hawaii Finance Department 25 Aupuni Street, Suite 2103 • Hilo, Hawaii 96720 (808) 961-8234 • Fax (808) 961-8569 c ' July 31, 2020 .�. Aaron Chung, Council Chair and Members of the Hawaii County Council Hawaii County Council - 25 Aupuni Street Hilo, Hawaii 96720 Re: Agreement with the Office of the Auditor, State of Hawaii The Department of Finance wishes to enter into a multi-year agreement with the -Office of the Auditor, State of Hawaii, to conduct an audit of the schedule of changes in fiduciary net position by employer and related notes to the schedule of the Hawaii Employer -Union Health Benefits Trust Fund (EUTF) and examination report on census data in order to meet the reporting requirements under Governmental Accounting Standards board (GASB) Statement No. 75, "Accounting and Financial Reporting for Postemployment Benefits Other than Pensions". If there are any .questions, please do not hesitate to call Kay Oshiro, Controller, at 961-8425. Deanna S. Sako Director of Finance Enc. Comm. No. o tl Ref. To: Ref. oafs Hawaii County is an Equal Opportunity Employer and Provider Form #: B-52 7/18/91 DEPARTMENT OF FINANCE REQUEST FOR COUNCIL ACTION -DEPARTMENT: Finance DATE: 7/21/20 STAFF CONTACT: Kay Oshiro PHONE: 961-8425 A. REQUEST: Prepare a resolution authroizing the Mayor to enter into a mulit-year agreement with the Office of the Auditor, State of Hawaii B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED): The County is requesting assistance for the Office of the Auditor, State of Hawaii to conduct an audit of the schedule of changes in fiduciary net position by employer and related notes to the schedule of the Hawaii Employer -Union Health Benefits Trust Fund ("EUTF") and examination report on census data for the fiscal years ending June 30, 2020, 2021, and 2022 in order to meet reporting requirements under Govermental Accounting Standards Board (GASB) Statement No. 75, "Accounting and Financial Reporting for Postemployment Benefits Other than Pensions". The Office of the Auditor will be requesting that thes new agreement be for a period of three (3) years. SIGNED: &—`___ DATE: 7/21/20 Department Head