|
COUNTY OF HAWAII
<br />Reconciliation of the Governmental Funds Balance Sheet to the Statement of Net Position
<br />.lune 30, 2016
<br />Total fund balances - governmental funds $ 191,826,104
<br />Amounts reported for governmental activities in the statement of
<br />net position are different because:
<br />Capital assets used in governmental activities are not financial
<br />resources and therefore are not reported in the finds. These assets
<br />consist of:
<br />Land and improvements
<br />233,498,340
<br />Infrastructure assets, net
<br />307,227,977
<br />Buildings and improvements, net
<br />504,617,544
<br />Equipment, net
<br />59,910,752
<br />Easements, net
<br />4,170,517
<br />Construction work in progress
<br />124.212,163
<br />Total capital assets, net
<br />(16,414,110)
<br />Deferred amounts on refunding and pension are reported as deferred
<br />outflows of resources in the government -wide financial statements but are not
<br />are not reported in the governmental find statements
<br />Some of the County's revenues will be collected after year-end but are
<br />not available soon enough to pay for the current period's expenditures
<br />and therefore are deferred (unearned) in the funds. (note 7)
<br />Some liabilities are not due and payable in the current period and
<br />therefore are not reported in the funds. Those liabilities consist of.
<br />Bonds and loans payable, net of receivable
<br />from improvement district
<br />(439,156,954)
<br />Interest due on long-term debt
<br />(6,040,712)
<br />Capital leases
<br />(4,916,178)
<br />Compensated absences
<br />(37,907,805)
<br />Claims and ,judgments
<br />(13,859,496)
<br />Landfill costs payable
<br />(22,633,000)
<br />Pollution remediation
<br />(16,414,110)
<br />Other Postemployment Benefit Obligation (OPER)
<br />(77,009,857)
<br />Net pension obligation
<br />(382,070,813)
<br />Total long-term liabilities
<br />Deferred amounts related to pension are reported as deferred
<br />inflows of resources in the government -wide financial statements but are not
<br />are not reported in the governmental fund statements
<br />Net position of governmental activities
<br />See accompanying notes to the basic financial statements.
<br />-31 -
<br />1,233,637,293
<br />88,336,668
<br />23,088,101
<br />(1,000,008,925)
<br />(26,847,066)
<br />$ 510,032,175
<br />
|