COM 0689.000 2012-2014 - Laserfiche WebLink

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Honorable Members of the Hawai`i County Council February 28,2014 Page 4 Even with that smaller workforce, the new negotiated collective bargaining agreements will significantly increase our employee costs in the year ahead. Wages, salaries and fringe benefits including health care and retirement for all of our employees will increase in all departments by a total of$18.4 million in Fiscal Year 2014-2015, with almost all of that increase attributable to these new agreements. County of Hawai`i tax collections in the year ahead will be $6.5 million or 2.9 percent more than the amount of property taxes collected when this administration began in 2008. However, the combined cost of employee wages, fringe benefits and health care expenses has grown by $30.44 million or 16.95 percent during the same period. OPERATING BUDGET BY FUND The following table describes the budgeted expenditures for FY 2013-14 and the proposed budget for FY 2014-15 for each fund: OPERATING BUDGET BY FUND (Amounts in thousands) FY13-14 FY14-15 Increase Percent FUND Budget Proposed (Decrease) Change General Fund $300,565 $314,514 $13,949 4.6% Highway Fund 34,524 35,597 1,073 3.1% Sewer Fund 9,757 10,743 986 10.1% Cemetery Fund 10 10 0 0.0% Bikeway Fund 171 171 0 0.0% Beautification Fund 183 452 269 147.0% Vehicle Disposal Fund 2,475 3,655 1,180 47.7% Solid Waste Fund 25,368 26,515 1,147 4.5% Golf Course Fund 1,206 1,232 26 2.2% Geothermal Royalty Fund 1,700 1,700 0 0.0% Housing Fund 18,060 17,969 (91) -0.5% Geothermal Asset Fund 300 50 (250) -83.3% $394,319 $412,608 $18,289 4.6%