|
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 30,2010 and 2009
<br /> Primary Government
<br /> Governmental Activities Business-type Activities Total
<br /> 2010 2009 2010 2009 2010 2009
<br /> Assets:
<br /> Current and other assets $220,363,931 $287,338,601 $1,067,909 $1,189,499 $221,431,840 $288,528,100
<br /> Capital assets,net 757,580,639 661,265,646 1,219,361 1,249,251 758,800,000 662,514,897
<br /> Total assets 977,944,570 948,604,247 2,287,270 2,438,750 980,231,840 951,042,997
<br /> Liabilities:
<br /> Long teen liabilities
<br /> outstanding 398,064,998 393,196,221 916,117 944,124 398,981,115 394,140,345
<br /> Other liabilities 29,061,094 29,927,036 385,529 395,058 29,446,623 30,322,094
<br /> Total liabilities 427,126,092 423,123,257 1,301,646 1,339,182 428,427,738 424,462,439
<br /> Net assets:
<br /> Invested in capital assets,net
<br /> of related debt 469,235,881 419,615,479 303,244 305,127 469,539,125 419,920,606
<br /> Restricted 43,958,660 63,408,379 184,914 184,643 44,143,574 63,593,022
<br /> Unrestricted 37,623,937 42,457,132 497,466 609,798 38,121,403 43,066,930
<br /> Total net assets $550,818,478 $525,480,990 $985,624 $1,099,568 $551,804,102 $526,580,558
<br /> - 15 -
<br />
|