HomeMy WebLinkAboutREP FC 011 01/23/2001 2000-2002 FINANCE COMMITTEE
REPORT 11
(AMENDED)
By motion duly made and seconded, the County Council amended Finance
Committee Report by changing the words "revenue sand" to "revenues and" m the first
bulleted item, first hne
Finance Committee Report 11, as amended, was carved by fnendly amendment
with no ob~ecttons
I hereby certify that Finance Committee Report 1 1,
as amended, was adopted by the County Council
on February 5, 2001
COUNTY CLERK / UNCIL CHAIRMAN
i
FC REPORT NO 11 (AMENDED)
ADOPTED February 5, 2001
REPORT OF THE
COMMITTEE ON FINANCE
DATE January 23, 2001 Re• Comm No 33
PLACE Council Chambers
TIME 9 10 A M
Council Chair and Members
Hawaii County Council
Hilo. Haw•ai`t 96720
Your Committee on Finance, to which w•as referred Communication No 33, reports as follows
Communication No 33. transmitted by Legislative Auditor Constance R Kinu, dated
December 11, 2000, transmits the post-audit Financial Report of the County of Hawaii for the Fescal
Year Ended June 30. 1000, and :4fanagement Letter dated October 6, 2000, as prepared by KPMG Peat
Marwick
This year's ,~Lfanagement Letter contains findings and recommendations related to
? General Fund Financial Situation (Deficiency of revenue sand other sources over expenditures
and other uses, Unreserved fund balance, Debt service and Pennon contnbutions)
? Utilization of the Internet
? Collection of Receivables of wastewater (sewer) and solid waste (landfill)
? Risk Management Process pertaining to worker's compensation claims and the compilation and
analysts of accident stahsUcs
• Collection of Building Permit Fees
? New Goyeinment Reporting Model
Pursuant to Article X, Section 10-13, Hawat`t County Charter, the county council shall provide at least
once every year for an independent audit of the accounts and evidences of other financial transactions of
the county and of ever}' county agency and executive agency The audit shall be made by a certified
public accountant or firm of certified public accountants designated by the council
Your Committee on Finance recommends the acceptance of the post-audit Financial Report of the
County of Hart~ai r for the Fuca! Year Ended June 30, 1000, and ;Management Letter dated
October 6, 2000, as prepared by KPMG Peat Marwick
smc
rtes ~oES nae ex Respectfully submitted
CHUNC X
PISICCHIO x COMMITTEE ON FINANCE
ARArCAKI X
ELARIOVOFF X
JACOBSOM1 X ~ ~/M"" \I
LEITHEAD-TODD X
SAFARIK x AARON S Y CHUNG, CH IR
T\'LER X FC REPORT NO 1 1
A!ffi~IDiID: