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COUNTY OF HAWAII
<br /> Notes to the Basic Financial Statements
<br /> June 30,2021
<br /> An operating reserve fund was established by the Ouli Ekahi Affordable Housing Project
<br /> pursuant to an agreement with the Hawaii Housing Finance and Development Corporation,
<br /> who are the holders of the project's note. This restricted reserve amounted to $72,694 at June
<br /> 30,2021.
<br /> 4. RECEIVABLES
<br /> Receivables as of June 30,2021, for the County's individual major funds and other funds in
<br /> the aggregate,including the applicable allowances for uncollectible accounts, are as follows:
<br /> Governmental activities:
<br /> Capital Other
<br /> General Projects Governmental
<br /> Fund Fund Funds Total
<br /> Real property taxes $40,377,945 $ -- $ -- $40,377,945
<br /> Accounts receivable:
<br /> Sewer -- -- 2,914,924 2,914,924
<br /> Solid waste -- -- 1,039,156 1,039,156
<br /> Intergovernmental 23,030,999 10,074,764 24,535,332 57,641,095
<br /> Gross receivables 63,408,944 10,074,764 28,489,412 101,973,120
<br /> Less: allowance for
<br /> uncollectibles (8,811,647) -- (875,422) (9,687,069)
<br /> Net total receivables 54.597.297 10.074.764 27.613.990 92.286.051
<br /> During fiscal year 2005,the County issued $3,887,493 in general obligation bonds on behalf
<br /> of Improvement District No. 18, an agency fund. On February 12,2013 bonds were issued to
<br /> refund the outstanding principal balance of$1,345,945 for the Improvement District. During
<br /> fiscal year 2014 and 2015,the County also issued$448,669 and $720,331,respectively,in
<br /> general obligation bonds on behalf of Improvement District No. 19, an agency fund. During
<br /> fiscal year 2021,the County issued$2,437,000 in general obligation bonds on behalf of
<br /> Improvement District No. 20, an agency fund. At June 30,2021,the outstanding balance for
<br /> the Improvement Districts of$4,211,798 is reflected in the government-wide statement of net
<br /> position as a receivable (see Note 10).
<br /> Business-type activities:
<br /> Enterprise
<br /> Funds
<br /> Accounts receivable:
<br /> Rent $25,113
<br /> Other 117
<br /> Gross receivables 25,230
<br /> Less: allowance for
<br /> uncollectibles 8,438)
<br /> Net total receivables 16 792
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