2009 CAFR - Laserfiche WebLink

Home

safety($8.0 million),health,education and welfare($1.7 million)and culture and education ($2.0 million). • $3.0 million is due to lower than anticipated payments needing to be made in cash in lieu of vacation payments,unemployment,workers compensation and pension related payments. CAPITAL ASSET AND DEBT ADMINISTRATION Capital assets. The County's investment in capital assets for its governmental and business-type activities as of June 30, 2009 amounts to$662.5 million (net of accumulated depreciation). This investment in capital assets includes land,buildings and improvements,equipment,and infrastructure assets,which consists of primarily roads and bridges. The total increase in the County's investment in capital assets for the current fiscal year was nine percent. Major capital asset events during the current fiscal year included the following: • Construction continued on both phases of the Hawaii County Building Improvements Project; construction in progress as of the end of the current fiscal year had reached$17.3 million. • Construction continued on the Waikoloa Housing Project;construction in progress as of the end of the current fiscal year had reached$24.8 million. • Construction continued on the East Hawaii Regional Sort Station; construction in progress as of the end of the current fiscal year had reached$6.5 million. • Construction continued on the Pahoa Fire Station; construction in progress as of the end of the current fiscal year had reached$4.4 million. • Construction began on the West Hawaii Civic Center;construction in progress as of the end of the current fiscal year had reached$10.9 million. • Construction was completed on the Aupuni Center Parking Improvements Project; construction in progress of$3.9 million was transferred to Infrastructure. • Construction was completed on the Hoolulu Park Accessibility Improvements Project; construction in progress of$5.2 million was transferred to Buildings&Improvements. • Construction was completed on the Isaac Hale Park Expansion Improvements; construction in progress of$4.6 million was transferred to Buildings&Improvements. • Construction was completed on the Keaukaha Gymnasium Complex Project;construction in progress of$4.3 million was transferred to Buildings&Improvements. • Construction was completed on the Laiopua Connector Road Project;construction in progress of$10.4 million was transferred to Infrastructure. • Construction was completed on the One Pauahi Place Project; construction in progress of $9.5 million was transferred to Buildings&Improvements. • Construction was completed on the Puamako Street Extension Project;construction in progress of$35.7 million was transferred to Infrastructure. -21 -