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Hawaii County finance staff present updated annual inventory after physical audit; systemization underway
Summary
Finance director Diane Nakagawa told the Committee on Finance that a physical inventory and migration to a new asset system identified $22 million in additions, including roughly $14 million in large equipment purchases, and that the county has begun moving records into the new system to reduce paper-based errors.
Finance Director Diane Nakagawa told the Hawaii County Council Committee on Finance on Aug. 20, 2025, that a yearlong physical inventory and migration into a new asset-management system produced a more complete county inventory and identified roughly $22 million in additions, including $14 million in large equipment purchases.
The inventory report, submitted by Nakagawa and transmitted “pursuant to section 103D-1208 of the Hawaii Revised Statutes,” was presented to the committee as communication 441 and filed after discussion and questions from council members.
Why it matters: Council members pressed for clarity about missing items, asset condition, vehicle consolidation and longer-term budgeting for replacements. The finance department said the new system will add location tracking, allow approvals and reports to be run inside the system, and support useful-life and depreciation calculations for fixed…
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