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HomeMy WebLinkAboutCOM 0103.007 2020-2022 �NSYosh,'y • ‘,14( Mitchell D. Roth I*t Deanna S. Sako Mayor • .. _ Director Steven A. Hunt Deputy Director County of Hawaii Finance Department 25 Aupuni Street,Suite 2103 • Hilo,Hawaii 96720 (808)961-8234 • Fax(808)961-8569 April 13, 2021 IskiCD Maile Medeiros David, Council Chair and Members of the Hawai`i County Council Hawai`i County Council 25 Aupuni Street Hilo, Hawai`i 96720 Re: Finance PowerPoint Presentation—Finance Committee Special Meeting Enclosed is a PowerPoint production to be presented during the FY2022 Budget Finance Committee Special Meeting(s). If there are any questions,please do not hesitate to contact the Finance Department at 961-8234. Deanna S. Sako Director of Finance Comm. No. IVO` Ref.To: PIK, Csp. FL) Hawai'i County is an Equal Opportunity Employer and ProvidIef. Date APR 1 3 2021 r imp VvOn %ttl i illtrt( 1711 .usl�t ii WO. 1 .w . . ysR a n ceMIttee e c i a e eTin Departmental Budget and Program Reviews April 13 - 15, 2021 F a n ce iFAm ittee n eipec ae g Departmental Budget and Program Reviews Deanna S. Sako, Director Steve Hunt, Deputy Director FY22 March Request Previous u. General Fund ' """ f3.e0 �aX :(Real Property Tax = 77.5%) 9.1% Intergovernmental Revenue 0% TAT — expecting $0 again 6.4% Prior Year Fund Balance 2.2% License & Permits 1.8% Charges for Services 1.2% Other Miscellaneous Charges 100% Total Revenues, $442,793,286 .azzzzzzz .,. General Fund Expenditures - FY22 March Request $442,793,286 Includes50,358,863, • Uncontrollable fringe increases • No additional ERS increases • 6 changes to funding source (Grant Funded 4 County Funded) • Uncontrollable increase to Disaster/Emergency Fund • Increase in grant-funded Mass Transit expenditures Does not include • Possible increase to OPEB payments from State Legislation 11,583,953, lift . �,..urm. ,.... ACT 17 (SB 936) ERS Contribution Rates Employer Contribution Rates General Employees Police & Firefighters by Fiscal Years ............................................................................................................. ... ............... ................................. ............... ......:.......................... ............... ................................. 7/1/2016 - 6/30/2017 17.00% 25.00% 7/1/2017 - 6/30/2018 18.00% 28.00% ............... ................................. ............... . ................ ............... ................................. 7/1/2018 - 6/30/2019 19.00% 31.00% ............................................................................................................. .... ............... ................................. ............... ......:.......................... ............... ................................. 7/1/2019 - 6/30/2020 22.00% 36.00% . ..... ..... ..... ..... ..... ..... ..... ..... ..... ..... .... .... ..... ..... ..... ..... ..... .... .... ..... ..... ..... ..... .... .... .... ..... ..... ..... ..... ..... .... .... ..... 7/1/2020 - 6/30/2021 24.00% 41.00% Total Increase in Rates: 41.2% 64.0% ut 9 i F 4� • • . • 174,019,378 ,096,659 �.93 108,602,000 5,948,000 5.48% 46,878,284 -1,345,432 -2.87% • • • • - • • • • - • 38,538,881 1,384,541 3.59% • ansfer to Other Funds: � ansfer to Solid Waste Fund 21,084,360 17,954,687 3,129,673 17.43% • ' • ansfer to Golf Course Fund 728,160 711,228 161932 2.38% ansfer to Disaster/Emergency Fund 3,445,000 250,000 3,195,000 1278.00% sfer to Sewer Fund 1,565,686 1,876,419 -310,733 -16.56% • • • sfer to Housing Fund 1,905,602 2,288,410 -382,808 -16.73% • Transfers to Other Funds 28,728,808 23,080,744 5,648,064 24.47% 44,832,673 302,812 0.68% • - ,960 6,841,326 1.57% . . anMxiw"sa N`""V,»ac Thank you for taking the time to meet with us ! Thank you for taking the time to meet with us !