State & Local Reports

What Was Performed? A financial statement audit was performed to review the University of Delaware’sactions for managing and spending state funds for fiscal year 2020.Why This Engagement? In January 2019, under new leadership, the Office of the State Auditor thoroughlyreviewed Delaware Code. Upon review, it was revealed that the Office of the State Auditor was lacking inparticipation in jointly selecting an audit firm with the University of Delaware to perform their financialreport.This engagement was performed in accordance with 29 Del. C. §2906(h) and 14 Del. C. § 5109. It requiresa separate audit to be conducted for the use of state funds. The Code permits joint section of the auditingfirm with input from the State Auditor’s Office and the University of Delaware.What Was Found? The financial statements were presented fairly.We found that $111.2 million of the $125.3 million of state funds was spent on payroll and benefits. Basedon the samples tested, the majority of the payroll amounts tested were comingled.The General Assembly has spelled it out in the University’s charter at 14 Del. C. §5109 that if theUniversity commingles funds from a state appropriation with other funds, the audit of state appropriatedfunds may include the commingled nonstate funds. § 5109 Audit of accounts.27 Del. Laws, c. 117, § 5; Code 1915, § 2337; 32 Del. Laws, c. 166, § 1; Code 1935, § 2779; 14 Del. C.1953, § 5109; 54 Del. Laws, c. 256, § 2.;It also states” (e) This section shall not affect § 5109 of Title 14 which shall remain in full force andeffect; however, any other provision which stands in conflict with this section shall be null and void.”

We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the financial statements of the governmental activities, the business‐type activities, the aggregate discretely presented component units, each major fund, and the aggregate remaining fund information of the State of Hawaii (the State) as of and for the year ended June 30, 2020, and the related notes to the financial statements, which collectively comprise the State’s basic financial statements and have issued our report thereon dated December 30, 2020.

We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the financial statements of the governmental activities, the business‐type activities, the aggregate discretely presented component units, each major fund, and the aggregate remaining fund information of the State of Hawaii (the State) as of and for the year ended June 30, 2020, and the related notes to the financial statements, which collectively comprise the State’s basic financial statements and have issued our report thereon dated December 30, 2020.

What Was Performed? A financial statement audit of the State of Delaware 401 (a) Match Plan Financial Statements for Fiscal Years Ended December 31, 2019 and 2018 was performed.Why This Engagement? The 401 (a) Match Plan is a voluntary retirement program available to most State of Delaware employees including employees of the Legislature, Judicial, and Higher Education Institutions.This engagement was performed in accordance with 29 Del. C. §2906 and §6058.Delaware Code Title 29, Part V, Chapter 60A sets forth the requirements for deferred compensation programs for public officers and employees of the State of Delaware. The purpose of Chapter 60A is to create a vehicle through which all employees of the State may, on a voluntary basis, provide for additional retirement income security