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14 <br />Page 32 <br />1 <br />they may have adequate funds in <br />their budget, so then <br />2 <br />they would go ahead and hire. <br />But there's not like a <br />3 <br />special fund for contract hires; <br />it's part of their <br />4 <br />decision-making process. <br />5 <br />MR. FRATINARDO: And <br />when I last spoke to you <br />6 <br />was on my radio program. So is <br />the piece of the pie <br />7 <br />for salaries still around 65 or <br />67 percent of the <br />8 <br />operating budget? <br />you <br />9 <br />MS. SAKO: Uh-huh. I <br />haven't looked at the <br />10 <br />entire budget, but we're at 62 <br />1/2 percent right now, <br />11 <br />and that will continue to increase <br />for probably three <br />12 <br />more years as these additional <br />increases go into place, <br />13 <br />yes. <br />14 <br />MR. <br />FRATINARDO: Mahalo. <br />15 <br />MR. <br />DOW: I found your comprehensive annual <br />16 <br />financial <br />report <br />very informative. When will the new <br />17 <br />one be available? <br />18 <br />MS. <br />SAKO: It is available. We have it in <br />19 <br />hard copy <br />now. <br />I can even have someone bring you down <br />20 <br />a copy if <br />you <br />would like. <br />21 <br />MR. <br />DOW: Thank you very much. <br />22 <br />MS. <br />SAKO: And it will be online as soon as <br />23 <br />we make it <br />ADA <br />compatible. <br />24 <br />MR. <br />DOW: Thank you. <br />25 <br />CHR. <br />ONO: Any other questions of the <br />ISLAND COURT REPORTING & TRANSCRIPTION SERVICES <br />(808) 933-9800 <br />