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COUNTY OF HAWAII
<br /> Reconciliation of the Governmental Funds Balance Sheet to the Statement of Net Position
<br /> June 30,2021
<br /> Total fund balances-governmental funds $ 333,872,985
<br /> Amounts reported for governmental activities in the statement of
<br /> net position are different because:
<br /> Capital assets used in governmental activities are not financial
<br /> resources and therefore are not reported in the funds. These assets
<br /> consist of:
<br /> Land and improvements 292,632,722
<br /> Infrastructure assets,net 297,110,815
<br /> Buildings and improvements,net 641,575,608
<br /> Equipment,net 65,571,550
<br /> Easements,net 11,240,425
<br /> Construction work in progress 74,050,724
<br /> Total capital assets,net 1,382,181,844
<br /> Deferred amounts on refunding,pension and other post employment benefits
<br /> are reported as deferred outflows of resources in the government-wide
<br /> financial statements but are not reported in the governmental fund statements 209,237,089
<br /> Some of the County's revenues will be collected after year-end but are
<br /> not available soon enough to pay for the current period's expenditures
<br /> and therefore are deferred(unearned)in the funds.(note 7) 35,015,348
<br /> Some liabilities are not due and payable in the current period and
<br /> therefore are not reported in the funds. Those liabilities consist of:
<br /> Bonds and loans payable,net of receivable
<br /> from improvement district (512,869,044)
<br /> Interest due on long-term debt (6,325,974)
<br /> Capital leases (10,749,906)
<br /> Compensated absences (48,423,495)
<br /> Claims and judgments (24,257,818)
<br /> Landfill costs payable (11,652,000)
<br /> Pollution remediation (18,719,518)
<br /> Underground storage tank liability (1,775,000)
<br /> Net OPEB liability (372,965,689)
<br /> Net pension obligation (697,394,658)
<br /> Total long-term liabilities (1,705,133,102)
<br /> Unamortized gain on refunding (770,705)
<br /> Deferred amounts related to pension and other post employment benefits are
<br /> reported as deferred inflows of resources in the government-wide financial
<br /> statements but are not are not reported in the governmental fund statements (72,212,680)
<br /> Net position of governmental activities $ 182,190,779
<br /> See accompanying notes to the basic financial statements.
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