Except as otherwise provided by law, the authority shall be responsible for the following reports:

(1) The authority shall file at least once a year with the governor a report of its activities for the preceding fiscal year;
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Terms Used In Hawaii Revised Statutes 356D-20

  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
(2) The authority shall report to the comptroller on moneys deposited in depositories other than the state treasury under § 40-81, and rules adopted thereunder; and
(3) The authority shall submit an annual report to the legislature on all program areas no later than twenty days prior to the convening of each regular session, that shall provide the following information on the status of its programs and finances:

(A) A financial audit and report conducted on an annual basis by a certified public accounting firm; and
(B) Recommendations with reference to any additional legislation or other action that may be necessary to carry out the purposes of this chapter.
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