Tag Archive | "famis"

Governor Linda Lingle today announced that there was an overstatement of general fund revenues for the fiscal year that ended on June 30, 2009 (FY09).  Actual general fund revenues were found to be $44 million below the amount reported by the State’s Financial and Accounting Management Information System (FAMIS).  A similar overstatement of $800,000 also occurred in FY08.  These discrepancies change the FY09 general fund balance from a projected positive $8.0 million to an actual minus $36.8 million.

Recording error with general fund revenues decreases state’s general fund balance

Governor Linda Lingle today announced that there was an overstatement of general fund revenues for the fiscal year that ended on June 30, 2009 (FY09). Actual general fund revenues were found to be $44 million below the amount reported by the State’s Financial and Accounting Management Information System (FAMIS). A similar overstatement of $800,000 also […]

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