2020-COH - Comprehensive Annual Financial Report

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• $13.4 million of the unspent appropriations is related to salaries and wages and the various countywide expenditure accounts relating to salaries and wages. The variance is due primarily to unfilled vacancies and continued efforts by each department to control payroll costs during the budget year due to the tough economic conditions facing the County. The following functions are responsible for the majority of the variance: public safety ($8.3 million)and general government ($3.4 million). • $7.2 million is due to lower than anticipated payments needing to be made in retirement related payments. With each department increasing efforts to control costs,overtime was also closely monitored and the corresponding pension expenditures were not incurred. • $2.8 million is due to the fact that the increase in health premiums for employees were lower than originally anticipated. CAPITAL ASSET AND DEBT ADMINISTRATION Capital assets. The County's investment in capital assets for its governmental and business-type activities as of June 30,2020 amounts to$1.4 billion (net of accumulated depreciation). This investment in capital assets includes land and improvements, buildings and improvements, equipment,easements,and infrastructure assets, which consists of primarily roads and bridges. The total increase in the County's investment in capital assets for the current fiscal year was 2 percent. Major capital asset events during the current fiscal year included the following: • Construction continued on the Kalaniana'ole Avenue Reconstruction; construction in progress as of the end of the current fiscal year had reached $6.1 million with $2.6 million coming from the current fiscal year. • Construction continued on the Mdmalahoa Highway Widening;construction in progress as of the end of the current fiscal year had reached $13.9 million with $5.9 million coming from the current fiscal year. • Construction continued on the Office of the Prosecuting Attorney; construction in progress as of the end of the current fiscal year had reached $14.5 million with $7.4 million coming from the current fiscal year. • Construction continued on the Hawaii County Radio System 1Jpgrade project;construction in progress as of the current fiscal year had reached $12.9 million with $0.8 million coming from the current fiscal year. • Construction continued on the Hawaiian Ocean View Estates Transfer Station; constructions in progress as of the end of the current fiscal year had reached $2.1 million with $1.9 million coming from the current fiscal year; project was transferred to Buildings. • Construction continued on the Kealakehe Wastewater Treatment Plant R-1 Upgrade project; construction in progress as of the end of the current fiscal year had reached $6.9 million, with $2.4 million coming from the current fiscal year. • Construction continued on the Lona Kona Subdivision Sewer Improvements project; construction in progress as of the end of the current fiscal year had reached $8.4 million with $7.1 million coming from the current fiscal year; project was transferred to Buildings. • $20.7 million of dedicated roads were received by the County in the current fiscal year. - 22 -