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UZ/UU/95 1U: 3U W410 Zt4 1/Zb baLAJ%Urr-a000r b % UUei U14 OZ/06Y96 17:87728 53-4888-> 415 274 1726 -4y's Investors Page 886 Gerlerd Obligation/Special Tax Febr=y S. 1996 5 Hawaii County, Hawaii admlinistrative Form of Government: Mayor-council system of ations on new contracts. White Collar, White Collar factors government; governed by provisions of County Char- Supervisor and professional and Scientific units have ter, effective January 1969 and subsequently contracts which expire at June 30, 1997, with the amended in 1979,198Z and 1990. Mayor elected to article on wages which may be reopened upon agree- four-year term; current Mayor elected to first term went by all parties. which expires December 2, 1996. With few excep- Pensions: All employees are covered by the State lions, the Mayor directly supervises all departments. Retirement System. Employee contributions are 7.8% Nme-member council. While previously elected at of compensation, except firefighters and police con- large to concurrent four-year terms. a Charter amend- tributions, which are 12.2%. County's share fluctu- ment approved in 1990 and which became effective sea each yew. The estimated cost for 1996 is $10.2 on December 7, 1992, provided for two-year term million, which is significantly higher than the $6.3 council members each elected from a single-member million for fiscal 1995. district. Provides full range of municipal services, Risk Management: The County is self-insured including police, fire and public prosecutor, sanita- with respect to general liability claims. Claims and lion, social services, culture and recreation, water suits have ranged from $381,344 in fiscal 1991 to supply, planning and zoning, and streets and high- $1.7 million in fiscal 1993. For fiscal 1995 the total ways. One of four counties in Hawaii, Hawaii com- was S 1,134,043. prises the large island latown as the "Big Island. There are no separate municipal governments. The Investments County al Fund, iris a cash and invest- state assumes responsibility for many functions Rent pool for the Generals Fund and Special two Revenue which are performed by local governments in other Finds, one Capital State Weight Agency states, notably schools and hospitals. The state does Rinds, Clearance ffunds. the Stt of ate W June 30eight Tax and Payroll not, however, impose a property tax. The County S58.7 funds. million, funds Department of Water Supply is semi-Autaromotrs, totaled d 55. Hawaii Revised d Statutes authorize Statu Public Employees: Represented by seven of the 13 Treasury, y, counties to invest in obligations of the U.S. Treasury, agencies and instrumentalities, time certifi- bargaining units representing public employees in the cates of deposit, batik repurchase agreements and state. Six of these units also represent state employ- bonds of any improvement district of any county of sea; public employer representation in negotiations the state, provided that the investments mature not are with the Governor, who has four votes, and each more than three years from the date of investment. of the four county mayors. Units representing Blue- The bulk of couurty funds are invested in bank repur- Collar, Blue Collar Supervisors, Firefighters and chase agreements. Police have negotiated contract extension on con- i- Legislation /Reterentla/Lttlgatlon vorx pending. re in riegot tracts that expired on June 30, 1995 and a