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are used to report the same functions presented as business-type activities in the government-
<br /> wide financial statements. The County uses enterprise funds to account for the operations of
<br /> the Kulaimano Elderly Housing Project and the Ouli Ekahi Affordable Housing Project.
<br /> Fiduciary funds. Fiduciary funds are used to account for resources held for the benefit of
<br /> parties outside the County. The private-purpose trusts and the agency funds are reported
<br /> under the fiduciary funds. Since the resources of these funds are not available to support the
<br /> County's own programs,they are not reflected in the government-wide financial statements.
<br /> The accounting used for fiduciary funds is much like that used for proprietary funds.
<br /> Notes to the Basic Financial Statements
<br /> The notes to the basic financial statements provide additional information that is essential to a full
<br /> understanding of the data provided in the government-wide and fund financial statements.
<br /> Other Supplementary Information
<br /> In addition to the basic financial statements and accompanying notes,this report also presents
<br /> supplementary information,including the combining statements referred to earlier in connection
<br /> with nonmajor governmental funds and budget comparison statements for the nonmajor special
<br /> revenue funds. This supplementary information is presented immediately following the notes to
<br /> the basic financial statements.
<br /> GOVERNMENT-WIDE FINANCIAL ANALYSIS
<br /> Condensed Schedule of Net Assets
<br /> June 30,2009 and 2008
<br /> Primary Government
<br /> Governmental Activities Business-type Activities Total
<br /> 2009 2008 2009 2008 2009 2008
<br /> Assets:
<br /> Current and other assets $287,338,601 $295,415,507 $1,189,499 $ 1,202,438 $288,528,100 $296,617,945
<br /> Capital assets,net 661,265,646 608,669,449 1,249,251 1,278,316 662,514,897 609,947,765
<br /> Total assets $948,604,247 $904,084,956 $2,438,750 $2,480,754 $951,042,997 $906,565,710
<br /> Liabilities:
<br /> Long-term liabilities
<br /> outstanding 393,196,221 361,199,734 944,124 970,892 394,140,345 362,170,626
<br /> Other liabilities 29,927,036 29,403,624 395,058 409,891 30,322,094 29,813,515
<br /> Total liabilities $423,123,257 $390,603,358 $1,339,182 $1,380,783 $424,462,439 $391,984,141
<br /> Net assets:
<br /> Invested in capital assets,net
<br /> of related debt 419,615,479 419,174,559 305,127 307,424 419,920,606 419,481,983
<br /> Restricted 63,408,379 66,977,935 184,643 184,352 63,593,022 67,162,287
<br /> Unrestricted 42,457,132 27,329,104 609,798 608,195 43,066,930 27,937,299
<br /> Total net assets $525,480,990 $513,481,598 $1,099,568 $1,099,971 $526,580,558 $514,581,569
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