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COUNTY OF HAWAII
<br /> Reconciliation of the Governmental Funds Balance Sheet to the Statement of Net Position
<br /> June 30,2022
<br /> Total fund balances-governmental funds $ 376,447,720
<br /> Amounts reported for govertmiental activities in the statement of
<br /> net position are different because:
<br /> Capital assets used in governmental activities are not financial
<br /> resources and therefore are not reported in the funds. These assets
<br /> consist of:
<br /> Land and improvements 310,930,661
<br /> Infrastructure assets,net 291,053,440
<br /> Buildings and improvements,net 645,409,863
<br /> Equipment,net 63,135,522
<br /> Easements,net 15,570,853
<br /> Right to use assets,net 14,420,125
<br /> Construction work in progress 96,899,730
<br /> Total capital assets,net 1,427,420,194
<br /> Deferred amounts on refunding,pension and other post employment benefits
<br /> are reported as deferred outflows of resources in the government-wide
<br /> financial statements but are not reported in the governmental fund statements 172,440,984
<br /> Some of the County's revenues will be collected after year-end but are
<br /> not available soon enough to pay for the current period's expenditures
<br /> and therefore are deferred(unearned)in the funds.(note 7) 39,274,180
<br /> Some liabilities are not due and payable in the current period and
<br /> therefore are not reported in the funds. Those liabilities consist of:
<br /> Bonds and loans payable,net of receivable
<br /> from improvement district (476,087,687)
<br /> Interest due on long-term debt (5,880,657)
<br /> Leases and other financing agreements (24,322,453)
<br /> Compensated absences (47,085,691)
<br /> Claims and judgments (22,530,978)
<br /> Landfill costs payable (11,071,000)
<br /> Pollution remediation (17,475,000)
<br /> Underground storage tank liability (1,775,000)
<br /> Net OPEB liability (311,503,693)
<br /> Net pension obligation (565,988,032)
<br /> Total long-term liabilities (1,483,720,191)
<br /> Unamortized gain on refunding (667,944)
<br /> Deferred amounts related to pension and other post employment benefits are
<br /> reported as deferred inflows of resources in the government-wide financial
<br /> statements but are not are not reported in the governmental fund statements (217,182,490)
<br /> Net position of governmental activities $ 314,012,453
<br /> See accompanying notes to the basic financial statements.
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