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• Construction continued on the Hawaii County Radio System Upgrade project; construction
<br /> in progress as of the current fiscal year had reached$15.8 million with $2.9 million coming
<br /> from the current fiscal year.
<br /> • Construction continued on the Alii Drive Culvert Rehabilitation project; construction in
<br /> progress as of the end of the current fiscal year had reached$8.8 million with$5.5 million
<br /> coming from the current fiscal year;project was transferred to Infrastructure.
<br /> • Construction continued on the Dr. Francis Wong Stadium Accessibility Improvements
<br /> project; construction in progress as of the end of the current fiscal year had reached$3.3
<br /> million with$3.1 million coming from the current fiscal year.
<br /> • Construction continued on the Pana`ewa Rainforest Zoo& Gardens and the Pana`ewa
<br /> Equestrian Center Accessibility Improvements projects; construction in progress as of the end
<br /> of the current fiscal year had reached$10.3 million with$8.7 million coming from the current
<br /> fiscal year.
<br /> • Construction began on the Henry Street Rehabilitation project; construction in progress as of
<br /> the end of the current fiscal year had reached $1.5 million;project was transferred to
<br /> Infrastructure.
<br /> • Construction began on the Kilauea Avenue Rehabilitation project; construction in progress as
<br /> of the end of the current fiscal year had reached $5.5 million.
<br /> • $2.4 million of dedicated roads were received by the County in the current fiscal year.
<br /> Capital Assets
<br /> (net of depreciation)
<br /> June 30,2021 and 2020
<br /> Primary Government
<br /> Governmental Activities Business-type Activities Total
<br /> 2021 2020 2021 2020 2021 2020
<br /> Land and improvements $ 292,632,722 $ 278,888,359 $ 753,877 $ 753,877 $ 293,386,599 $ 279,642,236
<br /> Infrastructure assets 297,110,815 296,257,213 - - 297,110,815 296,257,213
<br /> Ground and site improvements - - 40,505 44,852 40,505 44,852
<br /> Buildings and improvements 641,575,608 635,602,987 2,630,029 1,032,447 644,205,637 636,635,434
<br /> Easements 11,240,425 11,116,725 - - 11,240,425 11,116,725
<br /> Equipment 65,571,550 58,412,276 82,786 86,717 65,654,336 58,498,993
<br /> Construction work in progress 74,050,724 80,330,851 - 74,050,724 80,330,851
<br /> Total $1,382,181,844 $1,360,608,411 $3,507,197 $1,917,893 $1,385,689,041 $1,362,526,304
<br /> Additional information on the County's capital assets can be found in note 6 to the basic financial
<br /> statements.
<br /> Long-term debt. Long-term debt is primarily comprised of bonds of$400.9 million and State
<br /> Revolving Fund loans of$50.4 million. At the end of the current fiscal year,the County had total
<br /> bonded debt outstanding of$400.9 million. This entire amount was comprised of general
<br /> obligation bonds which are backed by the full faith and credit of the County.
<br /> The County's total bonded debt increased by$41.7 million (12 percent)during the current fiscal
<br /> year due to the issuance of$62.1 million of new bond proceeds,of which approximately $14.4
<br /> million,in addition to $15.6 million of premiums,were used to pay$30.0 million in bond
<br /> anticipation notes from the prior year.
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