Title
INTERGOVERNMENTAL AGREEMENT WITH THE OFFICE OF THE AUDITOR, STATE OF HAWAII (BF-59)
Description:
The Committee is in receipt of the following:
1. County Communication 17-229, from the Director of Finance, transmitting a proposed bill to authorize the Mayor to enter into an intergovernmental agreement with the Office of the Auditor, State of Hawaii, to audit the schedule of allocations of the State Employees’ Retirement System, as required by Governmental Accounting Standards Board Statement 68.
2. Correspondence dated June 6, 2017, from the Department of the Corporation Counsel, transmitting a revised proposed bill entitled “A BILL FOR AN ORDINANCE AUTHORIZING THE MAYOR OF THE COUNTY OF MAUI TO ENTER INTO AN INTERGOVERNMENTAL AGREEMENT WITH THE OFFICE OF THE AUDITOR, STATE OF HAWAII, TO AUDIT THE SCHEDULE OF ALLOCATIONS OF THE EMPLOYEES’ RETIREMENT SYSTEM OF THE STATE OF HAWAII.” The purpose of the revised proposed bill is to authorize the Mayor to enter into an intergovernmental agreement with the Office of the Auditor, State of Hawaii, to audit the schedule of allocations of the State Employees’ Retirement System, as required by Governmental Accounting Standards Board Statement 68, for three fiscal years beginning with the Fiscal Year ended June 30, 2016. The Memorandum of Understanding authorizes the payment of $3,900 per year by the County of Maui for this purpose.
Status
The Committee may consider whether to recommend passage of the revised proposed bill on first reading, with or without further revisions. The Committee may also consider the filing of County Communication 17-229 and other related action.