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2007 CAFR Part 1
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2007 CAFR Part 1
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the County government. This component unit is included in the County's reporting entity <br /> because of its financial relationship with the County. <br /> The County provides the full range of municipal services. These include police and fire <br /> protection;emergency medical care;public prosecutor; culture and recreation;sanitation; social <br /> services;water; planning and zoning;construction and maintenance of highways,streets and <br /> infrastructure;real property assessment and tax collection; and general administrative services. <br /> However,the County does not provide such other traditional services as public education, <br /> hospitals and courts. These services are provided by the State government. <br /> The County of Hawaii consists of the island of Hawaii,4,028 square miles in size. It is twice <br /> as large as the combined area of all the other inhabited islands in the Hawaiian Archipelago. <br /> Since there is no other local or municipal government within the County,there are no <br /> overlapping taxes and no overlapping debt. The County of Hawaii has an elected mayor and a <br /> nine-member council. <br /> Economic Condition and Outlook <br /> The island of Hawaii,commonly known as the Big Island,is located 214 miles from Honolulu, <br /> the state capital;2,200 miles from the west coast of the continental United States;and 4,000 <br /> miles from Japan. The city of Hilo on the east side of the island serves as the county seat as well <br /> as the transportation and financial center for the Big Island. Hilo's infrastructure includes Hilo <br /> Harbor,a deep-water port,and Hilo International Airport,which is capable of handling fully- <br /> loaded wide-bodied aircraft. Kailua-Kona and South Kohala,major tourist destination areas on <br /> the west side of the Big Island, are served by flights from the United States mainland,Japan and <br /> Canada through the Kona International Airport. Scheduled freight services are available <br /> between the islands by air and sea transport. Communities on the island are linked by a network <br /> of State and County maintained streets and highways. <br /> The Big Island is the most diversified of the neighbor island economies. As a result it is buffered <br /> when any one industry lags. Currently,the Big Island is enjoying its best economic times in <br /> recent years. The west side growth is fueled by surging visitors numbers and record construction <br /> activity,while the east side economic activity is led by the University of Hawaii at Hilo and <br /> other government construction projects. <br /> Continued increasing population has contributed to a growing labor force that numbered 86,250 <br /> in June 2007. The expanding economy has matched the growth in available work force and <br /> unemployment continues to follow a downward trend,with an average 2.8 percent for 2006. <br /> Total and per capita personal income have been steadily increasing. <br /> Tourism— Tourism is the major industry on the island. In addition to the mild climate and <br /> natural beauty it shares with other areas in the state,the County features the Hawaii Volcanoes <br /> National Park. A popular attraction,the park is the most visited site in the state,handling over 2 <br /> million visitors annually. Total visitors to Hawaii increased slightly compared to the prior year, <br /> with 1,597,056 arrivals in 2006. A developing source for bringing tourists to the island of <br /> -2- <br />
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