Audit of the City's Debt Service Practices
Author: Honolulu (Hawaii). Office of the City Auditor
Publisher:
Published: 2006
Total Pages: 148
ISBN-13:
DOWNLOAD EBOOK"This audit was initiated by the Office of the City Auditor pursuant to Section 3-502.1 (c) of the Revised Charter of Honolulu and the Office of the City Auditor's annual work plan for FY2005-06. The city auditor selected this audit due to longstanding concerns expressed by the Honolulu City Council and the public regarding the city's growing debt payments and their impact on the operating budget. This audit provides information in a consolidated form that has not been previously disclosed to the city council or the public on how the city incurs debt, what the responsibilities of various city agencies and outside firms are, and how the city's practices compare with industry best practices" -- Executive summary.