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Page 3 <br /> It should be noted that the azbitrator in those hearings ruled that the employer's could <br /> <br /> well afford a 5.19% increase over the 98-99 FY's. In brief here are some of the facts to be <br /> <br /> considered: <br /> 1) Hawaii General Fund comparisons of Revenues and Expenditures for FY 95 and <br /> FY 96 [Attachment #3] <br /> and Hawaii General Fund comparisons of Revenues and Expenditures for FY 96 <br /> and FY 97 [Attachment #4] <br /> The source of both of these documents is the Comprehensive Annua] Financial <br /> Report [CAFR] of the County of Hawaii for FY 96 and the CAFR for FY 97. <br /> Note that in FY 95 the County carried a General Fund balance at the end of FY95 <br /> of $22,204,347 or 16.8% [$22,204,347/$131,995047] of the total revenues <br /> received. <br /> For FY 96 the County carried a General Fund balance at the end of FY 96 of <br /> $31,760,613 or 23.4% [$31,760,613/$135,909,270] of the total revenues <br /> received. <br /> For FY 97 the County carried a General Fund balance at the end of FY97 of <br /> $30,339,071, or 22.7% [$30,339,071/$133,610,192] of the total revenues <br /> <br />