Review of special, revolving, and trust funds
HRS §23-12
in effect23-12. Review of special, revolving, and trust funds
(a) The office of the auditor shall report to the legislature, at each regular session, a review of special, revolving, and trust funds established to provide services rendered by any state department or establishment to other state departments or establishments or to any political subdivision of the State. The review shall include:
(1) An evaluation of the original intent and purpose
of each fund, both as expressed by the legislature and as understood by the
expending agency;
(2) The degree to which each fund achieves the stated
and claimed purposes;
(3) An evaluation of performance standards
established by the agency; and
(4) A summary statement reflecting total fund
transactions in the preceding five fiscal years, including the fund balance at
the beginning of each fiscal year, total deposits and withdrawals, amount of
interest earned, total expenditures made from the fund, and the ending fund
balance for each fiscal year.
(b) Each special, revolving, and trust fund
shall be reviewed every five years as follows:
(1) Beginning 2014 and every five years thereafter,
the auditor shall submit a review of the special, revolving, and trust funds of
the department of accounting and general services; the department of
agriculture; the department of budget and finance; and the department of land
and natural resources;
(2) Beginning 2015 and every five years thereafter,
the auditor shall submit a review of the special, revolving, and trust funds of
the department of the attorney general; the department of business, economic
development, and tourism; and the University of Hawaii system;
(3) Beginning 2016 and every five years thereafter,
the auditor shall submit a review of the special, revolving, and trust funds
within the judiciary and of the department of commerce and consumer affairs;
the department of Hawaiian home lands; the department of health; and the
department of human services;
(4) Beginning 2017 and every five years thereafter,
the auditor shall submit a review of the special, revolving, and trust funds of
the office of the governor; the office of Hawaiian affairs; and the department
of education;
(5) Beginning 2018 and every five years thereafter,
the auditor shall submit a review of the special, revolving, and trust funds of
the department of labor and industrial relations; the department of taxation;
the department of human resources development; the department of corrections
and rehabilitation; the department of law enforcement; and all other moneys
expended in accordance with section 37-40; and
(6) Beginning 2014 and every five years thereafter,
the auditor shall submit a review of the special, revolving, and trust funds of
the department of transportation and the department of defense.
[L 1993, c 280,
§57; am L 1994, c 56, §21; am L 2013, c 130, §3; am L 2022, c 278, §19]
Source: Hawaii State Legislature (capitol.hawaii.gov), via Internet Archive capturesURL: http://www.capitol.hawaii.gov/hrscurrent/Vol01_Ch0001-0042F/HRS0023/HRS_0023-0012.htmFetched: 11/10/2026