Honorable Robert Bunda

President of the Senate

Twenty-First State Legislature

Regular Session of 2002

State of Hawaii

Sir:

Your Committee on Ways and Means, to which was referred S.C.R. No. 113 entitled:

begs leave to report as follows:

The purpose of this measure is to request the Auditor to audit the methods that state departments use to verify their ceded land revenues, if they hold any ceded land leases.

Specifically, this measure requests the Auditor to review the reliability and consistency of those methodologies under generally accepted accounting principles.

Your Committee finds that the State has a continuing obligation to accurately account for revenues derived from the public land trust.

Your Committee requests that the subject matter committee chair or chairs hold an information briefing after the Auditor's report is submitted to the Legislature. Your Committee expressed concerns that studies and audits are often reported but discussion is lacking on the issues and findings. Your Committee finds that issues related to this resolution can be fully discussed if subject matter chairs hold informational briefings.

As affirmed by the record of votes of the members of your Committee on Ways and Means that is attached to this report, your Committee concurs with the intent and purpose of S.C.R. No. 113 and recommends its adoption.