STAND. COM. REP. NO.  2085

Honolulu, Hawaii

                , 2007

RE:   S.C.R. No. 137

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 S.C.R. No. 137 entitled:

"SENATE CONCURRENT RESOLUTION REQUESTING THE UNIVERSITY OF HAWAII TO DESIGN A LONG-TERM COMPREHENSIVE FINANCIAL PLAN,"

begs leave to report as follows:

     The purpose of this concurrent resolution is to improve financial efficiency by requesting the University of Hawaii to establish a long-term comprehensive financial plan.

     Testimony in support of this measure was submitted by the University of Hawaii.

     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 S.C.R. No. 137 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