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to get fined by EPA. So within that six month period they start doing the applications <br />with the county. <br />MR. MATSUDA: <br /> So February 2011? <br />MR. OKUMOTO: <br /> Right. <br />MR. MATSUDA: <br /> So the sewer is already running? <br />MR. OKUMOTO: <br /> Well, the lines are installed but right now they’re upgrading the plant. <br />So, we can’t have increased capacity. Until that happens then, about February, then <br />they’ll be required to hook up. <br />MS. NICHOLSON: <br /> On a different topic, you said about several years ago the county <br />got about $12 million in interest, and this year it’s going to probably be less than one. <br />Was the county budget for this year partially based on a certain budget figure for that <br />interest? And is there a shortfall? <br />MR. OKUMOTO: <br /> Well we adjusted the budget every year according to what we think <br />the interest rates are going to be. <br />MS. NICHOLSON: <br /> So you budgeted like on a million this year? <br />MR. OKUMOTO: <br /> Right. <br />MS. NICHOLSON: <br /> And next year is looking like? Because you’re starting to work on <br />the budget already? <br />MS. SAKO: <br /> We have begun the initial processes, but we’ll continue to update it as <br />Mike has more information. <br />MR. OKUMOTO: <br /> I think we hit bottom. <br />MS. WONG: <br /> We have three subcommittees on the commission. And this is for <br />everyone. One committee is Operations, budget and consolidation. The second <br />committee is Revenue enhancement and collections. And the third committee is <br />Technology, recommendations and adoptions. Mike, is there a way in your department, <br />anything that you could recommend for revenue enhancement? Whether it be by going <br />somewhere else for interest or any other thoughts that you have for revenue <br />enhancement? <br />MR. OKUMOTO: <br /> Last year we did expand the financial institutions that we deal with. <br />We had a resolution passed that allowed us to do business with mainland institutions. <br />Previously we were restricted to instate institutions. So we do have a broader range of <br />products that now we can access. But the whole interest rate environment just affects <br />all types of investment. Although it gave us more flexibility and more products to look <br />at, just the whole interest rate environment is just overwhelming our ability to increase <br />our yield. With investments you really don’t want to be trying to maximize yield too <br />much because then you’re gonna have increased risk. So after a certain point, it’s not <br />5 <br /> <br />