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HomeMy WebLinkAboutCOM 0389.000 2018-2020 Harty Kim Deanna S. Sako Mayor �'� ��� �J;• Dlredor Steven A. Hunt +r "�M4'►`` Deputy Director qTE Q•F•Np� County of Hawaii Finance Department 25 Aupuni Street,Suite 2103 Hilo,Hawaii 96720 (808)961-8234 Fax(808)961-8569 July 19, 2019 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 provide assistance to conduct an audit of the schedule of employer allocations of the Employees' Retirement System of the State of Hawaii (ERS) in order to meet the reporting requirements under Governmental Accounting Standards board (GASB) Statement No. 68, "Accounting and Financial Reporting for Pensions". We request that this resolution be waived from the Finance Committee to be placed on the August 7, 2019 Council agenda in order to enter into this agreement as soon as possible. If there are any questions,please do not hesitate to call Kay Oshiro, Controller, at 961-8425. y i •� Deanna S. Sako Director of Finance Enc. Comm. No. Ref. To: Gi MFG Hawaii County is an Equal Opportunity Employer and Provider Ref. Date JUL Z 2 2019 Form #: B-52 7/18/91 DEPARTMENT OF FINANCE REQUEST FOR COUNCIL ACTION DEPARTMENT: Finance DATE: 7/15/19 STAFF CONTACT: Kay Oshiro PHONE: 961-8425 A. REQUEST: Prepare a resolution(s) authorizing the Mayor to enter into a multi-year agreement with the Office of the Auditor, State of Hawai'i. B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED): The County is requesting assistance from the Office of the Auditor, State of Hawai'i to conduct an audit of the G schedule of employer allocations of the Employees' Retirement System of the State of Hawai'i (ERS) in order to meet reporting reqirements under the Governmental Accounting Standards Board (GASB) Statement No. 68, "Accounting and Financial Reporting for Pensions." The office of the Auditor will be requesting that this new agreement be for a period of three (3) years. In order to expeditite the implemenatation of this Memorandum of Understanding (MOU), a waiver of Finance Committee is requested. SIGNED: DATE: ( Department Head AARON S.Y. CHUNG MAILE MEDEIROS DAVID °': 9G KAREN EOFF Chairperson MATT KANEALI`I-KLEINFELDER • ASHLEY L.KIERKIEWICZ ` HERBERT M."TIM"RICHARDS,III _ SUSAN L.K.LEE LOY Vice Chair •sr•;+ N°- •:� VALERIE T.POINDEXTER grF•6F14P'�P REBECCA VILLEGAS - HAWAI`I COUNTY COUNCIL County of Hawai`i Haivai`i County Building 25 Aupuni Street Hilo,Hawai`i 96720 July 22, 2019 Aaron S.Y. Chung, Council Chair Hawaii County Council 25 Aupuni Street Hilo, Hawaii 96720 RE: RESOLUTION NO. 238-19 RESOLUTION AUTHORIZING THE OFFICE OF THE MAYOR TO ENTER INTO A MULTI-YEAR AGREEMENT WITH THE OFFICE OF THE AUDITOR, STATE OF HAWAII. Pursuant to Section 2(g) of Rule 4 of the Rules of Procedure of the Council of the County of Hawaii,this written request is submitted with my approval that the above-referenced matter be waived from the Committee on Finance to the full Council for immediate action. In reviewing this matter,timely approval is crucial. It is therefore advantageous that approval is granted and the matter be placed onto the next Council agenda for review. However, in the event this request is denied, for whatever reason, I understand the matter shall be referred to the Committee on Finance for placement on its future agenda. Sincerely, Maile David, Chairperson Committee.on Finance pproved Date/Waive to Council: Disapproved/Date/Refer to FC: r Aaron S.Y. Chung, Council air Aaron S.Y. Chung, Council Chair Hawaii County Council 71221 Iq Hawaii County Council Hawai`i County is an Equal Opportunity Provider and Employer