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HomeMy WebLinkAboutREP FC 185 01/06/1998 1996-1998 REPORT OF THE COMMITTEE ON FINANCE DATE: January 6, 1998 Re: Comm. No. 623 PLACE: Councilroom TIME: 11:00 A.M. Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Communication No. 623, reports as follows: Communication No. 623, transmitted by Legislative Auditor Constance R. Kiriu, dated December 9, 1997, transmits the post-audit Financial Report of the County of Hawaii for the Fiscal Yeaz Ended June 30, 1997, as prepazed by Deloitte and Touche. Included in the report aze observations and recommendations relating to potential complications in updating the County computer system for the year 2000, possible internal auditing procedures, and the need to rectify delinquent sewer and solid waste accounts. Pursuant to Article X, Section 10-13 of the Hawaii 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 every 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. Members of Your Committee expressed various concerns regarding the observations and recommendations made by Deloitte and Touche. However, discussion mainly centered upon the County's ability to overcome potential complications associated with converting its numerous computer systems for the year 2000, and the overwhelming delinquencies facing the sewer and solid waste divisions. Your Committee members will be working with the Legislative Auditor's Office to follow up with their respective concerns. Your Committee on Finance recommends the acceptance of the Financial Report of the County of Hawaii for the Fiscal Year Ended June 30, 1997. Ikc Ayes Nuea A&E EX CHUNG X Respectfully submitted LEITHEAD-TODD X RAY X COMMITTEE ON FINANCE SANTANGELO X st~Tx x ~ ~ ~K~y ~ d~~ TYLER X ~ J YAGONG X AARON S.Y. CHUNG, C AIR ARAKAKI, EO.M. X FC REPORT NO. 185 ADOPTED: ,EAN 16199(5