COM 0713.001 2022-2024 - Laserfiche WebLink

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(,F1Pr EIL , FUND BUDGETARY 111t:IE[.1C-E1TS Dfff4rem;r s klct}--trett tlic ciriginal bLidg t and the final ailivnduxi hLidget were primarily llic result of a ! 1.1 million Increase to appropriations for �rld outer financing uses, the inrlst siRDificarlt rcasnrlq \.vCrC Llue to $ ,4 million of additional gram appropriations from the fettcrr,f g.ovcriuli nt rclat ill to ITIaSS transit ($1.9 million) From the federal Transit Adrtrirlislration and the Community Devcloprnenr Rlock Grant funding.. CrolTJ lhr; U.S. Dcpartincllt of l iuusing and Urban Dcvclopntcrit ($2.i IT111lio11). Mfference3 between the find budget and the actual (budgetary basis) resu lied in Approximately S29.I million Inure re�,enLres than expectcd a.Itd $60.7 IniIIion lest exPctl(fitures than appropriatcd. niis is primarily dlic to the Ik)IIci�i,Irig faciory Thu positive variance between bUdgewd and actual revenues was L ni:HOf , al1ril�trt,ablC- to tllc pcT ltivc rosults Ill taws dlid asSCSSIT'ICIAS, NVi ll $1 .6 inillioli more revcnuc resulting f'ronl prori,erty taxes and $f4_9 million more resriltirig from the C'rrunty's trt"1i1',kC1lr ,i� a:slnnir�tirltiurl tail. Approxittuttcl12.8 nullion cif thc urispc.rit tigproprirtti:ltts i,� rcIaltc.d t:,'.ilari,!, ztnd %%zl ;r4 and $22.0 million is f oin the variou, cxpcilldinirc rvl,it mur, to saldrl%.� dIlL1 %+atL!cs, incl.LrLjing benefits anti ailli,:ipa(wd cclinpcnsalioii ad_xi}um ntw. f he variance iw uric primarily to unfilled vacancies and :ontimicd ef'f'orts by each delmi l:inL! n to coillrol far,yr:,li costs during the bnrfrket year dire to the torigh ccolininic condiliorlti Flly�Jng the County. l lie• fr}l+r}k In functions arc responsible for the majority of the total variance in exponditLlres: I)ubIIk- xifuly ($15.4 ni-III ioil) ill g4:rivral guvcrntncnt ( $ 9 f) rrrillion), C'APITAI. ASSET AND D]E BI' ADMINISTRATION C'al)ital MWIS. "HIC Courlty'S irlVeslnic:nt in ca}7iu l assets for it6 oNcrnincntal and business -type activities as Ot'June 30, 2023 ainOLlnts to $1 .G hellion (net Of-accu11)Ltlated depreciation)_ This investment in capital assets includes land and improvemcnts, buildings and irrtl�rl��cnie�its, uquipmc:ilt, leases, �,ubs�: ripliori ,isscls, catscnlcilt�,, and infrastrLMLirc IISSCJti, Whidl clyilsi i Or primarily roads and bridg[s. I -lie Total Increase ils the t:`rfllllty's Investment in capital a�;el; fen' the current fiscal year was 9 fervent. 'l:tJL}r Capital il3S i ' 'L;nt Lrrill thl' L urrL'lit 5431 }4 iir irr::ILIdCd d1L; f0l]M ing: • Constrttttion }clntirlwd- an the Hawai`i County Radio SysturTl Upgrade project; construction in progress as of the end ofthe current fiscal year had rciched $21,4 million x4it1� ti3.3 nlillic�ll I:�tttin�; front ihu currcrtl fiscal ycar, • C'oristmviuri contis~< ed on the Hilo Wa�aew Ater Treatment Pian Upgrade preljed, C0I15trtlCti%111 in progress as of -the end ot-the current fiscal year had reached $l l,2 million with S8.9 million wining frranl the cLirrettt fiscal year- * C011Strur;ti011 continued 011 tile PLia fierce Nlain Installation ;titre R6abiklativn project; L cvustrl,ctic_'rs M ilrogrc'o., pis octhc crld of tllc currurit frsc:al year had reached $3.3 million with S` .4 million coining frorn the current fiscal year- 0 Construction continued on the Ktrkrllola and Village 9 Kt:rrtlll a.nci I [orneless project; c_onstruution ill progress'Lis of the ciid Ofiho Fiscal year had reached $?.: million m. itll S2.4 Ill IIIiori Q0111Ing frL11T1 tllc cLirrcrlit liScal y`car. - 1.4 -