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REPORT OF THE <br /> COMMITTEE ON FINANCE <br /> DATE: September 6,2017 Re: Comm. No. 400/Res. No. 260-17 <br /> PLACE: Council Chambers <br /> Hilo, Hawai`i <br /> TIME: 1:35 p.m. <br /> Council Chair and Members <br /> Hawai`i County Council <br /> Hilo, Hawaii 96720 <br /> Your Committee on Finance, to which was referred Resolution No. 260-17,reports as follows: <br /> Resolution No. 260-17, transmitted by Finance Director Collins Tomei, via Communication <br /> No. 400 dated August 17, 2017, authorizes a five-year contract for an independent auditor(s) to <br /> perform the annual audit of the accounts and other evidences of financial transactions of the <br /> County and of every County agency and executive agency. <br /> This agreement authorizes the payment of funds of a later fiscal year and of more than one fiscal <br /> year for a multi-year agreement for an independent auditor(s). <br /> There was no discussion on this measure. <br /> Your Committee on Finance is in accord with the purpose and intent of Resolution No. 260-17, <br /> and recommends its adoption. <br /> dm <br /> AYES NOES ABS EX Respectfully submitted, <br /> CHUNG X <br /> DAVID x COMMITTEE ON FINANCE <br /> EOFF X <br /> KANUHA X <br /> LEE LOY X <br /> O'HARA x `lam- /I� <br /> POINDEXTER x MAILE DAVID, CHAIR <br /> RICHARDS X FC REPORT NO.: 36 <br /> RUGGLES X ADOPTED: SEP 2 0 2017 <br />