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C. Kimo Alameda, Ph.D. <br />Mayor <br />William V. Brilhante Jr. <br />Managing Director <br />County of Hawaii <br />Finance Department <br />25 Aupuni Sheet, Suite 2103 • Hilo, Hawaii 96720 <br />(808)961-8234 • Fax (809) 961-8569 <br />Diane Nakagawa <br />Director <br />Malin A. Kekai <br />Deputy Director <br />c <br />iy <br />C7 <br />On <br />December 30, 2025 <br />0 <br />C=,n <br />C) <br />—f <br />W <br />{— <br />Dr. Holeka Goro Inaba, Council Chair <br />cn� <br />O <br />Members of the Hawaii County Council <br />c, <br />- n <br />Hawaii County Council <br />1T <br />25 Aupuni Streetx <br />Hilo, HI 96720 <br />- <br />Re: Fund Balance Notification for June 30, 2025 <br />Pursuant the Hawaii County Code Section 2-12.4, I am transmitting the June 30, 2025, fund <br />balance information: <br />Fund Balance $226,033,719.39 <br />Fund Balance Designated for Future Year 44,495,000.00 <br />Total Budgetary Fund Balance, June 30, 2025 $270,529,719.39 <br />In line with the preceding fiscal year, the fund balance is primarily the result of higher than <br />anticipated collections in real property tax, transient accommodations tax and interest revenues <br />as well as continued challenges with filling vacant positions. Another component of the fund <br />balance is the unappropriated fund balance from the prior fiscal year. This fund balance does not <br />reflect the remaining temporary hazard pay obligation in fiscal year 2025-2026. <br />The fund balance is necessary to fulfill budgetary needs of subsequent budgets and other <br />expected financial obligations. <br />Sincerely, <br />(J :Uc�� <br />Diane Nakagawa <br />Finance Director <br />Comm. IX <br />Ref. To: FV <br />Hawaii County is an Equal Opportunity Employer and ProvidERef. Date DEC 3 0 202S <br />