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Honorable Members of the County Council <br />May 3, 2019 <br />Page 2 <br /> <br /> <br />the resulting total debt service is estimated at 8.9 percent of the general expenditures. If all <br />debt that has been authorized by the County Council was issued, the debt service percentage <br />would be 12.2 percent of the general expenditures. <br /> <br />‘ŷğƷ źƭ ğ /ğƦźƷğƌ LƒƦƩƚǝĻƒĻƓƷ tƩƚƆĻĭƷͪ <br />A project is eligible for funding from the capital budget if it is a major nonrecurring expenditure, <br />such as: <br /> <br />Њ͵ \[ğƓķ ğĭƨǒźƭźƷźƚƓ; <br />Ћ͵ LƓŅƩğƭƷƩǒĭƷǒƩĻ źƒƦƩƚǝĻƒĻƓƷ other than buildings that add value to the land or improves <br />utility (roads, drainage, sewer lines, parking, landscape or similar construction); <br />Ќ͵ bĻǞ ĬǒźƌķźƓŭƭ ƚƩ ƭƷƩǒĭƷǒƩĻƭ ƚƩ ğķķźƷźƚƓƭ Ʒƚ ĬǒźƌķźƓŭƭ, including related equipment and <br />appurtenances which are integral to the new structure; <br />Ѝ͵ bƚƓƩĻĭǒƩƩźƓŭ ƩĻŷğĬźƌźƷğƷźƚƓͲ ƩĻƒƚķĻƌźƓŭ ƚƩ ĻǣƦğƓƭźƚƓ ƚŅ źƓŅƩğƭƷƩǒĭƷǒƩĻ ğƓķ ĬǒźƌķźƓŭƭ; <br />Ў͵ tƌğƓƓźƓŭͲ ŅĻğƭźĬźƌźƷǤͲ ĻƓŭźƓĻĻƩźƓŭͲ ƚƩ ķĻƭźŭƓ ƭƷǒķźĻƭ related to capital improvement <br />projects; <br />Џ͵ LƓŅƚƩƒğƷźƚƓ ğƓķ ĭƚƒƒǒƓźĭğƷźƚƓƭ ƷĻĭŷƓƚƌƚŭǤ źƓŅƩğƭƷƩǒĭƷǒƩĻ. <br /> <br />tƩƚƆĻĭƷ 5ğƷğΉCźƓğƓĭźğƌ LƒƦğĭƷ {ƷğƷĻƒĻƓƷƭ <br />Proposed capital projects are organized in sections by County agencies. The first document in <br />each section is a Summary of Department Requests for FY 2019-2020. Following the Summary <br />are the individual Project Data/Financial Impact Statements, which include information about <br />the lead County agency, location, project description, Council benefit districts, project <br />consistency with long range plans, impact on operating budget, sustainability focus, project <br />readiness, etc. <br /> <br />CğźƩ {ŷğƩĻ /ƚƓƷƩźĬǒƷźƚƓƭ <br />A Fair Share Annual Report as of June 30, 2018 was submitted to the County Council on January <br />29, 2019. This document provides information on the total fair share contributions, <br />appropriations, and funds available for capital improvements. At this time, there are three <br />projects proposed to use fair share contributions. We have and will continue to strongly <br />encourage the use of fair share contributions to fund capital projects when possible. <br /> <br />We ask for your favorable consideration of this Capital Budget and Program. <br /> <br />Aloha, <br /> <br /> <br /> <br />Harry Kim <br />Mayor <br />County of Hawai`i is an Equal Opportunity Provider and Employer. <br />4 <br />