2005 CAFR Part 2 - Laserfiche WebLink

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COUNTY OF HAWAII Notes to the Basic Financial Statements June 30,2005 plan,along with a funding commitment,was approved by the County Council. The total cost of all curb cuts was estimated to be$6.2 million. The cost of the first phase of the plan was $3 million,to be used in high priority areas such as government facilities,schools,and hospitals. The remaining cost will cover curb cuts at parks and in low-density single family residential areas. All corrective action was to be completed by July 2005,with an estimated 682 ramps to be completed. Funding allocated so far for this effort is$5.9 million. Since the proposed timetable proved to be too ambitious,the parties amended the agreement to require contracting by July 2005,rather than completion by that date. Pursuant to the April 2005 Stipulation of the Parties and Order of the Court,all curb ramps for 2005 and most curb ramps for 2004 were deferred. There were 50 curb ramps constructed in 2005. There are 295 curb ramps to be completed by the end of December 2006;all ramps have been designed. The second stipulated agreement relates to the Department of Parks and Recreation(the Parks Department). The agreement required the Parks Department to establish practices,policies and procedures regarding its programs,and prepare a transition plan by the middle of the year 2000. The self-evaluation and transition plan for programs,practices and procedures has been completed and approved by the County Council. The cost impact of implementation is not material because the necessary modifications are primarily procedural. This is an ongoing effort. The second part of this stipulated agreement is the reevaluation of all County facilities,which was completed and accepted by the County Council on June 30,2000. Approximately 240 County facilities were surveyed as part of this effort. The tentative completion date of all necessary repairs and renovations is 12 years from the date the County Council accepted the self-evaluation. The original estimated cost of the facilities repairs was $14.8 million,which will be spent over the 12 year period. Funding allocated so far for facilities repairs is$11.2 million,with another$4 million of federal funding anticipated through community development block grants over the next 3 years. Since 2000,the Department of Parks and Recreation has requested$2 to$3 million a year for the different park facilities'ADA projects,and recently,the Department of Public Works has requested an additional$2 million a year for the other County ADA facilities' project. Parties are currently working on a plan to ensure implementation of the Transition Plan with the assistance of an ADA Specialist,and to obtain extension on the deadlines for completion. 12. RISK MANAGEMENT The County is exposed to various risks of losses related to torts;theft of,damage to,and destruction of assets;errors and omissions;injuries to employees;and natural disasters. The County maintains fire and commercial multiple peril insurance on County facilities,flood insurance on selected structures,medical malpractice insurance for emergency medical technicians, general liability insurance for water safety officers,aviation liability for helicopter operations,automobile coverage on transit buses,and no-fault insurance coverage for privately owned police vehicles. There was no reduction in insurance coverage during the year from coverage in the prior year. During the past three fiscal years,the amount of settlements in cases covered by insurance have not exceeded the insurance coverage. The -73 -