Office of the Auditor | State of Hawai`i

Summary

AUDITOR’S SUMMARY One revolving fund, one trust fund, and five trust accounts did not meet criteria OUR REVIEW of seven special funds, five revolving funds, nine trust funds, and twelve trust accounts of the Department of Accounting and General Services (DAGS) found one revolving fund, one trust fund, and five trust accounts did not meet ...
Read More 23-17, Review of Special Funds, Revolving Funds, Trust Funds, and Trust Accounts of the Department of Accounting and General Services

In Report No. 23-16, our review of one special fund, one revolving fund, five trust funds, and three trust accounts of the State of Hawai‘i Department of Defense found the one special fund did not meet criteria and should be closed or reclassified.

AUDITOR’S SUMMARY One Special Fund did not meet criteria OUR REVIEW of one special fund, one revolving fund, five trust funds, and three trust accounts of the Department of Defense (DOD) found one special fund did not meet the criteria for a special fund and should be closed or reclassified. Section 23-12, Hawai‘i Revised Statutes ...
Read More 23-16, Review of Special Funds, Revolving Funds, Trust Funds, and Trust Accounts of the Department of Defense

Summary

AUDITOR’S SUMMARY Report 23-15 THIS REPORT ASSESSES eight credits and two exclusions allowable under Hawai‘i’s Income Tax laws. Section 23-91 et seq., Hawai‘i Revised Statutes (HRS), requires the Auditor to review income tax provisions annually, on a five-year recurring cycle. Specifically, this report reviews the following tax provisions: Exclusion of intangible income of trusts with ...
Read More 23-15, Review of Income Tax Provisions Pursuant to Section 23-94, Hawai‘i Revised Statutes

Summary

This report assesses eight tax provisions, including five General Excise Tax (GET) exemptions, one Use Tax exemption, and two Use Tax exclusions. Section 23-71 et seq., Hawai‘i Revised Statutes, requires the Auditor to review different tax exemptions, exclusions, and credits annually, on a 10-year recurring cycle. We determine that one Use Tax exclusion and three GET exemptions are meeting their stated or inferred purposes, and that one GET exemption no longer meets its purpose. With respect to two GET exemptions and one Use Tax exemption, we are unable to determine whether they achieve their purposes. As we explain in the report, making conclusions as to whether purposes are being met is challenging when amounts claimed are not tracked or where no purpose achievement benchmarks or metrics are statutorily set forth.

Summary

AUDITOR’S SUMMARY Five Special Funds, two revolving fund, and two trust funds did not meet criteria OUR REVIEW of fourteen special funds, seven revolving funds, six trust funds, and six trust accounts of the Department of Agriculture (HDOA) found five special funds, two revolving funds, and two trust funds did not meet the criteria for ...
Read More 23-13, Review of Special Funds, Revolving Funds, Trust Funds, and Trust Accounts of the Department of Agriculture