HI SCR55

Requests the State Auditor to conduct a forensic audit of the University of Hawaii to investigate financial fraud, misplaced or misused funds, and financial negligence

Cites the University of Hawaii's $503,000,000 deferred maintenance backlog and requirement to spend $77,000,000 annually to prevent additional maintenance items

Notes the University submitted legislation to authorize $100,000,000 in revenue bonds for capital improvement projects

Requires the Office of the Auditor to report findings and recommendations to the Legislature no later than twenty days prior to the start of the 2017 Regular Session

Directs certified copies of the resolution to be sent to the Auditor, the University of Hawaii Board of Regents Chairperson, and the University of Hawaii System President