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COM 0958.000 2004-2006
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COM 0958.000 2004-2006
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Last modified
5/12/2008 1:06:47 AM
Creation date
5/8/2008 11:59:41 PM
Metadata
Fields
Template:
Communications
Communications - Type
COM
Communications - Council Term
2004-2006
Communication
0958
Point
000
Author
William E. Smith, Deputy County Clerk
Communications - Referred To
FC
Comments
Council: Adopts FC-311 - 7/19/06 FC-311: Recommends acceptance of the post-audit Financial Audit Report of the County of Hawai‘i for the Fiscal Year Ended June 30, 2005, as prepared by KPMG LLP - 7/6/06
Document Relationships
AGE COUNCIL 07/19/2006 2004-2006
(Related)
Path:
\Council Records\Agendas\2004-2006\Council
AGE FC 07/06/2006 2004-2006
(Related To)
Path:
\Council Records\Agendas\2004-2006\Finance Committee (FC)
AGE FC 07/06/2006 2004-2006
(Related)
Path:
\Council Records\Agendas\2004-2006\Finance Committee (FC)
REP FC 311 07/06/2006 2004-2006
(Related To)
Path:
\Council Records\Reports\2004-2006\Finance Committee (FC)
REP FC 311 07/06/2006 2004-2006
(Related)
Path:
\Council Records\Reports\2004-2006\Finance Committee (FC)
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<br /> <br /> <br /> <br /> <br /> <br /> COUNTY OF HAWAII <br /> STATE OF HAWAII <br /> Current Year Findings and Recommendations <br /> For the Fiscal Year ended June 30, 2005 <br /> <br /> <br /> <br /> <br /> COLLECTION OF RECEIVABLES <br /> r <br /> The timely collection of solid waste (landfill) and wastewater (sewer) receivables continues to be a problem for <br /> the Department of Environmental Management. To address delinquencies in landfill receivables, new <br /> requirements for claiming residential credits and new provisions for trash removal contracts were established in <br /> 2003, resulting in an 8% decrease in the greater than 90 days balance since June 30, 2003. For sewer receivables, <br /> an ordinance was passed in the current year that will add a 1.5% per month interest charge to all accounts that are <br /> past due. In addition, the ordinance will also allow the County to take a lien against the property owners for <br /> customers with delinquent balances. Despite the improvements being made, landfill and sewer receivables <br /> outstanding more than 90 days still account for a significant portion of the respective balance as follows: <br /> 2005 2004 <br /> Amount Percentage of Amount Percentage of <br /> outstanding total outstanding total <br /> Landfill <br /> Current $ 583,650 43% $ 525,386 35% <br /> 31 - 60 days 360,564 26 330,010 22 <br /> 61 -90 days 42,185 3 291,930 20 <br /> 90+ days 390,208 28 350,711 23 <br /> $ 1,376,607 100% $ 1,498,037 100% <br /> <br /> 90+ days <br /> 23% <br /> 90+ days <br /> 28% Comm <br /> 35% <br /> wr Current <br /> 43% <br /> 61 - 90 days <br /> 3% 61 - 90 days <br /> 20% <br /> 31 - 60 days 31 - 60 days <br /> 260/6 22% <br /> <br /> <br /> s <br /> <br /> ¦ <br /> a <br /> <br /> ¦ <br /> 2 (Continued) <br /> <br /> r <br />
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