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Honorable Members of the Hawai'i County Council March 1, 2021 Page 5 EXPENDITURE CHANGES Increases in salary and wages due to existing collective bargaining agreements are reflected in all functional areas of county government, whereas it was included in the provision for compensation adjustment previously. All collective bargaining unit agreements expire on June 30, 2021. No provision for pay raises has been included in the provision for compensation adjustment. Other major changes in projected expenditures not explained above are as follows: Highways & Streets • Mass Transit. An increase of$1.3 million in grant-funded expenditures are anticipated. Culture and Recreation • Parks and Recreation. Funding for security services and electricity were increased by approximately $460,000 primarily due to rising costs. Debt Service • Transfer to Debt Service. Debt service decreased $4.8 million or 8.2% to reflect actual debt service payments in addition to an increase in State Revolving Fund loans for upcoming sewer and solid waste projects. Pension & Retirement • Retirement Benefits. Pension and retirement payments will increase by approximately $2.4 million, or 3.2%, primarily due to an increase in contributions to the employee retirement system for the increase in salaries and wages. Health Fund • Health Benefits. This amount will increase by $5.0 million, or 11.2%, due primarily to the increase in rates provided by the Employer Union Trust Fund for our active employees. Miscellaneous • Transfer to Capital Projects Fund. Transfer to Capital Projects Fund increased by approximately $1.5 million in the Vehicle Disposal Fund for the Hilo Impound Lot. • Transfer to Disaster&Emergency Fund. The transfer to the Disaster&Emergency Fund increased by$3.2 million as required by the charter amendment approved by the voters. • Provision for Compensation Adjustments. The account was decreased by $9.6 million as all collective bargaining increases have been distributed to the departments as noted above. County of Hawaii is an Equal Opportunity Provider and Employer.