Hawaii Tourism Authority Criticized During State Audit

Jan K. Yamane, the Acting State Auditor, released a report stating that the Hawaii Tourism Authority lacks formal written policies, procedures and training to ensure adequate transparency and accountability for how it spends its public funds.  The Hawaii Tourism Authority is given approximately $140.5 million budget each year to help improve tourism for the state of Hawaii.  According to the audit, there are inconsistencies on how the HTA monitors their expenditures.  Yamane stated, "The State dedicates tens of millions of dollars every year to support this important industry; however, the authority's continued deficiencies in planning, reporting and contract oversight show poor stewardship of public moneys." 

Mike McCartney, the president and CEO of the Hawaii Tourism Authority did not dispute the findings of the state audit.  McCartney stated, "While we have made significant progress in these areas and other areas as well, we know there is always room for growth and improvement.  The recommendations included in the report will be used as a tool in our ongoing planning and integrated into our work plan as we strive to be more efficient, effective and productive."

Source: Honolulu Star Advertiser, 12-12-2013, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, REALTOR®
Global Executive Realty, LLC
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