STAND. COM. REP. NO.  1598

Honolulu, Hawaii

                , 2007

RE:   H.C.R. No. 166

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Fourth State Legislature

Regular Session of 2007

State of Hawaii

Sir:

     Your Committee on Higher Education, to which was referred H.C.R. No. 166 entitled:

"HOUSE CONCURRENT RESOLUTION REQUESTING THE UNIVERSITY OF HAWAII TO DESIGN A LONG-TERM COMPREHENSIVE FINANCIAL PLAN AND CONDUCT A POLICY REVIEW,"

begs leave to report as follows:

     The purpose of this concurrent resolution is to request the University of Hawaii (UH) to develop a comprehensive long-term financial plan and conduct a policy review of State and UH policies which affect the UH's ability to effectively utilize its resources.

     Testimony in support of this concurrent resolution was submitted by the UH.

     As affirmed by the record of votes of the members of your Committee on Higher Education that is attached to this report, your Committee concurs with the intent and purpose of H.C.R. No. 166 and recommends that it be referred to the Committee on Finance.

Respectfully submitted on behalf of the members of the Committee on Higher Education,

____________________________

JERRY L. CHANG, Chair