2010-07-30 Cost of Government Commission Minutes

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fees. And that’s because that transfer in of $19.1 million comes from the General Fund to help support their operations. So, that’s a significant source of revenue for them. We have three funds that we primarily consider to be subsidized, basically that are helped out by the General Fund. That’s Solid Waste, Golf Course and the Housing Plan. But Solid Waste is by far the largest of those. Cemetery fund has a few plot sales basically included in that. Parking meter fund – any money we collect from the parking meters which are getting fewer although they seem to be coming back. Vehicle disposal fund gets a portion of the motor vehicle registration fee that’s paid. Bikeway fund is from bike licenses. Workforce Investment Act is entirely a federal grant that helps put people back to work. Golf Course fund is primarily from green fees. The Geothermal Relocation and Community Benefits Fund is actually a percentage of revenues or royalty paid by Puna Geothermal. Beautification fund is also a fee paid with the vehicle registration fee. And the Housing Agency is almost, not quite, we did have to subsidize them now, but primarily federally funded by HUD for various programs. A big operation in the Housing Agency is the Section 8 Rental Assistance Program. So that under health, education and welfare, a big portion of that $15.5 million going out of Housing fund is really rental subsidy payments to help the public. Park dedication fund – that’s a fund not used much anymore. It used to be that as developers developed an area, they had to make a contribution to a park dedication fund. Now there’s something called Fair Share. And the debt service funds, all the money is transferred over from the General Fund to make our debt payments on the next page. Hopefully that answered your question. General Fund, our main fund is definitely real property taxes, the transient accommodation tax and then any other federal grants that we get, as well as some charges for services or fees. MS. WONG: I understand you to say that all of the grant is in the intergovernmental? MS. SAKO: Yes. MS. WONG: Transportation, transit, didn’t they get a big grant last year? MS. SAKO: They did. MS. WONG: Or is it not showing on this one? MS. SAKO: Transit is part of the General Fund, so it’s going to be combined unfortunately with all the other ones. Each of the departments have been getting several grants and what it comes down to is the year in which they expend it. So depending on when they bought the bus for example. But the General Fund last year received a total of $54.8 million MS. WONG: Which page or you on? MS. SAKO: Page 36. I’m on the revenue portion. The expenditures of those grants are kind of combined into the departments. But part of that $54.8 million of intergovernmental revenue were for transit and for buses. Page 36 in the actual column. There are several that are combined. 10