COM 0150.000 2012-2014 - Laserfiche WebLink

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Honorable Members of the Hawai`i County Council February 28, 2013 Page 6 EXPENDITURE CHANGES Major changes in projected expenditures are as follows: General Government • The Geothermal Relocation and Community Benefits Fund. Appropriations are increased by $1.3 million for anticipated property purchases under the geothermal relocation program. • Salary and wage increases in many departments are the result of the ending of the furlough program. The increase is offset by other expenditure cuts in various areas. Public Safety • Fire. The Fire Department has increases of approximately $200,000, primarily for fire protection costs. • Liquor Control. Funds are budgeted to pay $350,000 of the cost to renovate the Hilo office and remove asbestos. Additional funds will be appropriated in subsequent years to complete payment of the full cost. • Prosecuting Attorney. Additional grant funding revenue of about $400,000 is anticipated and appropriated for various programs. • Highway Fund. An increase of approximately $200,000 results from the combination of ending the furlough program and adding a new traffic safety project. Debt Service • Transfer to Debt Service. In the current fiscal year the County experienced a temporary reduction in debt service expense. With the beginning of principal payments on bonds issued in 2010, the transfer to debt service is increasing. Pension & Retirement • Retirement Benefits. Contributions to the employee retirement system will increase by approximately 4.5% as the result of rate increases established by the state Legislature. Miscellaneous • Vacation Pay. This provision which assists with covering the cost of vacation payouts for employees separating from the County is reduced by $500,000. • Miscellaneous Insurance Claims & Judgments. The appropriation to cover various smaller claims and judgments against the County is reduced by $200,000. • Wastewater Replacement Reserve Account. Funding appropriated to set aside for large equipment rehabilitation and replacement must be reduced by approximately $900,000 as the Sewer Fund fund balance and replacement reserve fund balance have been exhausted.