HONOLULU (July 25, 2017) – The Office of Hawaiian Affairs (OHA) will begin shortly taking a number of important steps to strengthen the agency’s long-term fiscal sustainability, in an initiative intended to ensure that its $572 million in capital and investment assets will be able to support multiple generations of beneficiaries.
On October 20, 2016, the OHA Board of Trustees, in an 9-0 vote, adopted its Fiscal Sustainability Planning Model and committed to ensuring that its services and programs are consistently available and delivered to our lāhui (the Native Hawaiian people) through fiscally responsible and sustainable spending. Since then, an internal Fiscal Sustainability Plan Advisory Committee, consisting of members of the board and administration, has been meeting to develop recommendations and implementation plans on a comprehensive set of fiscal priorities for the agency.
“Our Board of Trustees has set the agency on a historic and critical course that will provide for the long-term health of our trust and ensure that OHA’s resources will be able to meet the needs of our people’s grandchildren and the unborn generations yet to take their place to carry on the legacy of our forefathers of a thriving people,” said OHA Chief Executive Officer Kamanaʻopono Crabbe.
