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1 i i I i i the vehicle registration and licensing division from police to finance. Increases were noted in community development plans as well as in salaries and wages due to negotiated pay increases and an increase in the number of positions. 5 • An increase of$10.2 million(12 percent)in public safety expenditures due primarily to increases in expenditures for police($3.2 million),fire($2.4 million),civil defense($3.0 million)and prosecuting attorney($1.3 million). Increases were noted in many of the grant- funded programs as well as in salaries and wages due to negotiated pay increases. • An increase of$13.6 million in other post employment benefit expenditures as a result of the County's implementation of GASB Statement No.45,which requires the County to recognize and report the cost of an employee's other post employment benefits over the period that the employee renders service. s The fund balance of the County's capital projects fund decreased by$42.1 million during the current fiscal year. The decrease is primarily due to the combined total of the fund's main revenue sources of intergovernmental revenue($3.7 million),transfers in($14.0 million)and state revolving fund loan proceeds($1.9 million)being less than capital expenditures($64.1 million)for the current fiscal year. ' The debt service funds,included in other governmental funds,have combined total fund balances of$22.2 million,all of which is reserved for the payment of debt service. The net increase in the combined fund balances during the current year in the debt service funds was$3.4 million(18 percent). Proprietary funds. The County's proprietary funds provide the same type of information found s in the government-wide financial statements,but in more detail. Unrestricted net assets of the Kulaimano Elderly Housing Project(Kulaimano)at the end of the year amounted to$712,275,and the unrestricted net deficit of the Ouli Ekahi Affordable Housing Project(Ouli Ekahi)amounted to$104,080. The net assets for Kulaimano decreased by$54,173 and the net assets for Ouli Ekahi increased by$23,147. Other factors concerning the finances of these two funds have already been addressed in the discussion of the County's business-type activities. i GENERAL FUND BUDGETARY HIGHLIGHTS Differences between the original budget and the final amended budget were primarily the result of an$7.6 million increase in appropriations and an$2.5 million increase in transfers out and can be briefly summarized as follows: • $7.5 million in increases due to the appropriations for capital and operating grants and contributions. • $2.4 million in increases due to the appropriation of the sale of real property to be used in the year's operations. • $1.9 million increase in transfer out to the capital projects fund is mostly due to transfers of appropriations from other operational accounts and only$250,000 is a new appropriation relating to help cover costs relating to Road Improvements. 20 i i