COM 0636.004 1996-1998 - Laserfiche WebLink

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02/09/96 10:39 $`915 27i 1726 SKLAROFF-)100llT'S ~ OOb Ol; BZ/06r'96 17:07:20 212-~53-4000-> 415 274 1726 Moody's Investors Page 08,6 General Oblipatitxt/Special Tax Februtiy 5, 1996 5 Hawaii County, Hawaii adminktrative Form of Govefnment; Mayor•rnuncil system of ations on new contracts. Whitt Collar, Whitt Collar factors government;' governed by provisions of County Char• Supervisor and Professional and Scientific units have ter, effective January 1969 and suluequently contracts which expire on Tune 30, 1997, with the amended in 1979, 1982, and 1990. Mayor elected to article as wages which may be reopened upon agree- four-year term; current Mayor elected to first arm roan[ by all parties. which expires Dexmber 2, 1996. With few exxp- pensions; All employees are rnvered by the Stan lions, the Mayor directly sttperviaes all deparanenu. Retirement Sysum. Employee contributions are 7.890 Ntne-member council. While previously elected at of compensation, except firetighurs and police con- large to coacurretu four-year arms. a Charter amend- tributions, which are 12.2°Yo. County's share flucru- ment approved !n 1990 and which became effective ales each year. The estimated cost for 1996 is 310.2 on Dexmber 7, 1992, provided far two-year term million, which is significantly higher than the 36.3 council members each elected from a single-member million for focal 1995. district Provides full range of municipal services, RLSIc Management: The County isself-insured including police, fim and public proaa.•trwr, senile- with respect to general liability claims. Claims and lion, social services, culture end recreation. water suits have ranged from 3381,344 in fiscal 1991 to supply, plamilng end zming, and streets end high- 31.7 million in fiscal 1993. For fiscal 1995 the total ways. One of four counties inIiawau, Hawaii corn- wes 31,134,043. prises the large island known as the "Big Island... There are no separate mtmicipal governments. The Investments: County mainuins a cash and invest- s[au assumes resporrsibili4y for many functions meat pool for the General Fund, Special Revenue which are performed by local governments in other Iitnds, one Capital Projects Fund and two Agency stairs, notably stdtoals and hospitals The stair does namely the Stair Weight Tax and Payroll not, however, impose a property tax. The County Clearance funds. As of June 30, 1995, thex funds Department of Water Supply issemi-autonomous, totaled 558.7 million. Hawaii Revised Statutes PubIIC Employees: Represented by xven of the 13 ~~0~ counties to invest in obligations oT'the L'.S. bargaining uttits representing Public employees in the Treasury, agencies and instruuunWities, time cerdfi- stau. Six of these units also represent state employ- cares of deposir, bank repurchase agrcements and ees; public employer representation in negotiations of any improvement district of any county of are with the Govenxn, who has four votes, and each ~ Provided that the investments marure not of the four coumy mayors, Units representing Blue- more [hart three years from the dau of investment. Collar, Blue Collar Supervisors. Firefighters and ~ bulk of county funds are invested in bank repur- Police have negodatsd contract extensions on con- chase agrcemenn. tracts that expired an June 30, 1995 and are in negoti- LeglSlatlon/Rat@r@nda/LltlgaTlOn: tione pending.