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0 Construction continued on the Hawaii County Radio System Upgrade project; construction
<br />in progress as of the current fiscal year had reached $15.8 million with $2.9 million coming
<br />from the current fiscal year.
<br />• Construction continued on the Ali`i Drive Culvert Rehabilitation project; construction in
<br />progress as of the end of the current fiscal year had reached $8.8 million with $5.5 million
<br />coming from the current fiscal year; project was transferred to Infrastructure.
<br />• Construction continued on the Dr. Francis Wong Stadium Accessibility Improvements
<br />project; construction in progress as of the end of the current fiscal year had reached $3.3
<br />million with $3.1 million coming from the current fiscal year.
<br />• Construction continued on the Pana`ewa Rainforest Zoo & Gardens and the Pana`ewa
<br />Equestrian Center Accessibility Improvements projects; construction in progress as of the end
<br />of the current fiscal year had reached $10.3 million with $8.7 million coming from the current
<br />fiscal year.
<br />0 Construction began on the Henry Street Rehabilitation project; construction in progress as of
<br />the end of the current fiscal year had reached $1.5 million; project was transferred to
<br />Infrastructure.
<br />• Construction began on the Kilauea Avenue Rehabilitation project; construction in progress as
<br />of the end of the current fiscal year had reached $5.5 million.
<br />• $2.4 million of dedicated roads were received by the County in the current fiscal year.
<br />Capital Assets
<br />(net of depreciation)
<br />June 30, 2021 and 2020
<br />Primary Government
<br />Governmental
<br />Activities
<br />Business -type Activities
<br />Total
<br />2021
<br />2020
<br />2021
<br />2020
<br />2021
<br />2020
<br />Land and improvements
<br />$ 292,632,722
<br />$ 278,888,359
<br />$ 753,877
<br />$ 753,877
<br />$ 293,386,599
<br />$ 279,642,236
<br />Infrastructure assets
<br />297,110,815
<br />296,257,213
<br />-
<br />-
<br />297,110,815
<br />296,257,213
<br />Ground and site improvements
<br />-
<br />-
<br />40,505
<br />44,852
<br />40,505
<br />44,852
<br />Buildings and improvements
<br />641,575,608
<br />635,602,987
<br />2,630,029
<br />1,032,447
<br />644,205,637
<br />636,635,434
<br />Easements
<br />11,240,425
<br />11,116,725
<br />-
<br />-
<br />11,240,425
<br />11,116,725
<br />Equipment
<br />65,571,550
<br />58,412,276
<br />82,786
<br />86,717
<br />65,654,336
<br />58,498,993
<br />Construction work in progress
<br />74,050,724
<br />80,330,951
<br />74,050,724
<br />80,330,851
<br />Total
<br />$1,382,181,844
<br />$1,360,608,411
<br />$3,507,197
<br />$ 1,917,893
<br />$1,385,689,041
<br />$1,362,526,304
<br />Additional information on the County's capital assets can be found in note 6 to the basic financial
<br />statements.
<br />Long-term debt. Long-term debt is primarily comprised of bonds of $400.9 million and State
<br />Revolving Fund loans of $50.4 million. At the end of the current fiscal year, the County had total
<br />bonded debt outstanding of $400.9 million. This entire amount was comprised of general
<br />obligation bonds which are backed by the full faith and credit of the County.
<br />The County's total bonded debt increased by $41.7 million (12 percent) during the current fiscal
<br />year due to the issuance of $62.1 million of new bond proceeds, of which approximately $14.4
<br />million, in addition to $15.6 million of premiums, were used to pay $30.0 million in bond
<br />anticipation notes from the prior year.
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