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COUNTY OF HAWAII
<br />Dotes to the Kaki Financial Statemonts
<br />June .30, 2023
<br />iiraance the de ici[s of, or prm, ide firrancl,ll support to, (fle orgimiz ation; or (3) The primnr�,
<br />1)Q7 C.1'111T1L`nt is obli,:,1;3(c(1 i!1 sorric manner tUr the debt of the or'kanization.
<br />As ri cqulrcd b) GAAP as sct forrth f i GAS13 Statement No- 1.1, No. 31) and No. 61, these b,l-,ic:
<br />fitaa'trtwial stalcracrlts pres�:rtt the County of H,awai`i (thc primarw government) and its -
<br />component emit, the Defray mcm of Voter Suppli (t11c� Dpartnlent), l lli c1}inpernen[ unit is
<br />included il) the f'nutaty'w rej)Orting entity because of -its finajiJM rr:l6�ticroship with the
<br />Discretely Preseptferf Component Unit The component unit colunm in lllc btatiic: tin,snc iftl
<br />: ta1+:.rrsk�rrts ira;:ludc:s 1114: frnaall�itll daataa ufthe Dcpart men1, La IegaIIy independent agetic y oftIic
<br />County that is aacwUnted for uw aan enterprise fund. It is reported in a separate c0Iur11r1 To
<br />emph lsin that it i,�, Iqally s1:p;arolke 1'170111 111V �'uurrty, 'I h4- iu, lmbU:rs oftllc Waatcr Board, the
<br />governing body of the Department, are appointed liN the 'Mayor of the Ck-,unTy and confmm,,d
<br />by tfte CQunly COU116l I lle Dcpttrtmc111 is crantc:Li cclrporatc powers b} state statute Lind the
<br />C trusty Charier. Although Chc County doc-� ntst hli1 L; the aLithurity to approve or modify tic
<br />f:leparimenT's operation l and capital bnd).crs, the (-nunTy hay. i., ue11 hands oil thy:
<br />Departnacen(s behalf'that are general oblivations ofihe CBec,lalse the COMM is
<br />obligaatcd to ri Ipa,, rhC. Q bCrrlkls in 111V cent Of(It:faaull by 111w l.)(�palrinlcllt, 111L. CQL111t�, is
<br />tintan,_iall-F acCOLinttlhle for the debts of the Department. Set ?*tote 1 5 fsir CoMponcrlt unit
<br />disclosi.,r'es for the f)c.frrtrtnietit- Cortaplete firiancial ,tatemcnt!� of tht. C.}ej}tiir'(rmmt can be
<br />obtained from the Department of 1'Wtltel Supply, 3.15 KekCiaanac)'.t Street, Sake 20, 1 {ilo,
<br />Basic Financial Statements
<br />The basic financial statenl sirs inclUde, hoth government -aide (hissed (In th; t: 'chit% ris as
<br />VdWlC) and Culnd Crndlrcitsl sttltcrncnts. 13cith the g crnmcral- +idc and fund financial
<br />statements (w+,itllin the basic financial ,IatemenlO % ategkirize primary activities as either
<br />4L)vcrm11cn1arl or business -type. In the cTCAk ii111cr11-with :,laltl:111CIIE Of I1Ct Po),itioii. both dic
<br />gmernmenral and httsiness-type activities columm (a) are presented on a congolidatcd haici.;
<br />b}- COlUnin, (b) Lind are reftectcd, on it Cull aucrual, c, coiiomic resom-cc basi,,, avhich
<br />irlcorporaws long,-timil a1sscis aild rcc;ckr ablcs as wcli as lair_;-tctnn debt and ohligariori%.
<br />The government-" ide statement of activities reflect; hoth the gross arld riot pr
<br />furlclionaI r aic-or,, ( envi-iiI L,(1varriimc:rtl. piiibIic :-a1fvty. 11ighWd)a Luid ti:k Vvhich are.
<br />othero,ise being supported b}-gene.ral-overnmcnt rcventre� (properly taxes, �cttain
<br />inter iwcrnrrlerrtal rc,rrtltles, c1c.f. Thi :�latemc!rlt elt 3CTA inns redllceq Dony. s ��I.rcn;es
<br />(including depreciation) by rc.latvd pro; zim reVCRLir.'s, opertatino and capital LTrkaiats. Fhe
<br />prosgraam rc:verlcrc3 must be directly Lass cia t i witll tl7w ftirlati43rt (�)encraal 4c}vcrurticni, publi(:
<br />,Ifm, high%4ays Ind streets, etc.) or a busjne�;s-type activity. the operating granr} Include
<br />opermiltmg-specific and i iscretLonar% (ciihu opuatim, c1r L:ztpliatl) L'Tarits 1%,lii 1; [lie i;apil:!k E,ralit!
<br />culLtnlrl rcfl4�cts 4apilal-spceilk� grouts T11e nc;i wort 0iLmmoa or businc�s-rN pc c1k:1i , ih 1 1
<br />normaIly covered by genuraI rcvenue,s,
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