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COUNTY OF HAWAII <br /> Governmental Funds <br /> Statement of Revenues,Expenditures,and Changes in Fund Balances <br /> For the Fiscal Year Ended June 30,2007 <br /> (Concluded) <br /> Other Total <br /> Capital Governmental Governmental <br /> General Projects Funds Funds <br /> Other Financing Sources(Uses),including transfers <br /> Sale of assets $ 5,000 $ - $ - $ 5,000 <br /> Increase in capital leases(note 10) - - 2,402,731 2,402,731 <br /> State Revolving Fund loans(note 10) - 6,254,922 - 6,254,922 <br /> Sale of bonds(note 10) - 85,000,000 - 85,000,000 <br /> Premium on bonds(note 10) 1,309,803 1,789,402 - 3,099,205 <br /> Refunding bonds(note 10) 31,607,388 - - 31,607,388 <br /> Refunding bonds issuance costs(note 10) (218,518) - - (218,518) <br /> Payment to refunded bond escrow agent(note 10) (32,698,673) - - (32,698,673) <br /> Transfers in(note 5) - 15,386,503 43,752,217 59,138,720 <br /> Transfers out(note 5) (52,997,033) - (6,141,687) (59,138,720) <br /> Total other financing sources(uses) (52,992,033) 108,430,827 40,013,261 95,452,055 <br /> Net change in fund balances 10,199,296 64,835,980 5,736,016 80,771,292 <br /> Fund balance at beginning of year 34,965,207 122,453,881 49,593,632 207,012,720 <br /> Decrease in reserve for inventories (554,152) - - (554,152) <br /> Fund balance at end of year $ 44,610,351 $187,289,861 $55,329,648 $287,229,860 <br /> See accompanying notes to the basic financial statements. <br /> - 31 - <br />