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HomeMy WebLinkAboutCOM 0645.008 2020-2022 i Mitchell D.Roth Deanna S. Sako o Mayor Director i Steven A. Hunt Deputy Director OF•Nid� County a i`i Finance Department 25 Aupuni Street,Suite 2103 • Hilo,Hawaii 96720 € (808)961-8234 Fax(808)961-8569 April 12, 2022 m 0 Aaron Chung, Council Chair and Members of the Hawaii County Council Hawaii County Council 25 Aupuni Street Hilo, Hawaii 96220 Re: Finance PowerPoint Presentation—Finance Committee Special Meeting Enclosed is a PowerPoint production to be presented during the FY 2022-23 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. U0. Ref. To: Ref. Date AFN 1 -9 2022 Hawaii County is an Equal Opportunity Employer and Provider ancem Ittee eciaFheeTng Departmental Budget and Program Reviews April 12 - 14, 2022 a n ceMIttee peciaFheeTng Departmental Budget and Program Reviews Deanna S. Sako, Director Steve Hunt, Deputy Director Intergovernment Charges for Services Fund Balance From Revenue $5,540,699 Previous Year Other $52,059,285 1/ $24,725,000 $11,095,887 FY23 March Request 10% 5°' 2°' General Fund Licenses&Permits $9,648,276 ewenYpo a'R'�� (Real Property Tax = 2i 76%) Hawai'i County TAT $13,000,000 2% 10% Intergovernmental Revenue Public Service Company 4.7% Prior Year Fund Balance Tax $8,800,000 1 .9% License & Permits 2% 1 .1% Charges for Services `' 4A. 2.1% Other Miscellaneous Ch r 100% Total Revenues, $519,869,147 Real Property Taxes $395,000,000 76% General Fund Expenditures - FY23 March Request Includes: $519,869147 • New Department of ' Homelessness • Uncontrollable S&W increases Other General Government, $69,405,592 /155,048,733 Health Fund, • Associated benefits increases $62,946,000 :: with S&W increaseslq ` • Uncontrollable operating cost increases (skyrocketing energy costs, high inflation for all purchases) � • Must pay full OPEB in FY23 • Increase in grant-funded Mass Transit expenditures Public Safety, Pensions& �a $154,865,855 Retirement, • Debt Service increase $72,066,000 Debt Service, $49,499,130 Health,Welfare& Culture& Recreation, Highways, $8,796,370 Education, $26,480,189 $20,761,278 Major changes • The General Fund budget is about 12.5% greater than in the current fiscal year, primarily due to the real estate market driving assessed values up. • The new Hawaii County Transient Accommodations tax is included. • The retirement rates will continue at 41% for Police and Fire and 24% for all other employees. • Other changes are outlined on the following slide. ............ .............. FY22 FY23 Change %change 169,549,925 185,919,747 16,369,822 9.65% mployee Benefits & FICA 119,329,364 134,946,000 15,616,636 13.09% e bt Service 45,7915,352 49,499,130 3,7013,778 8.09% ederal and State Grants 45,232,706 52,0591,285, 6,826,579 15.09% Transfer to Other Funds: Transfer to Solid Waste Fund 23,239,360 26,499,048 3,259,688 14.03% 'Transfer to Golf Course Fund 728,160 778,175 50,015 6.87% Transfer to Disaster/Emerg Fund 3,530,000 3,950,000 420,000 11.90% Transfer to Sewer Fund 1,565,686 2,083,396 517,710 33.07% Transfer to Housing Fund 1,905,602 2,094,714 189,112 9.92% • TOTAL Transfers to Other Funds 30,968,808 35,405,333, 4,436,525 14.33% 00� Pencliture Changes [Total Expenditures - GIF ...and what are some of those `Other Expenditure Changes'? F General Fund FY22 FY23 Change %change Comparison r: i�� FY22 vs FY23 i y • The proposed budget for a FY23 is increased by 12.57/0 Notable Increases •• � • Increased grant funded • ; expenditures for Mass ��� ��� �r� •�, Transit �. f • Increase to Solid Waste Fund «� �I I I I I I I I I'illl II III I • Increase to 0 Expenditure Chan • i Other Expenditure Changes • New program to address homelessness in our community - $9 million • New positions to better serve the public in important areas (Public Works, Parks & Recreation, Information Technology, Fire, Police, Environmental Management, Mass Transit) • Funds were added to operations for critical needs and due to increased costs of everything — including additional repairs and maintenance funding for Public Works and Parks & Recreation Yet the budget does not include : • Increased costs in fuel, electricity, water • We continue to struggle with supply chain issues and other price increases due to inflation • Collective bargaining is included, but as negotiations continue this number may have to be adjusted • These items will be included in the May 5t" budget r, COUNTY OF HAWAPI STATE OF HAWAII ...and final) we leave you with a lesson B>L��O. 327 y, v (DRAFT 2) learned .• QF2DINANCE NO., T? 2j, AN ORDINANCE TO AMEND ORDINANCE NO.23-39,AS AMI ND E D.THI OPERATING BUDGET FOR 'I'Il F'COI N'1'\'OF-II:v W 11 f FOR THE FISCAL YEAR ENDING Jt NF 311,:1122. Unexpected costs in the current fisca BRIT ORDAINED BY1HE fIHNIdF OF THE COUNT1Ok 11.1\1 t1•1: SECTION 1,Onllnaaoc Nu.21-38.a,;uuend A is hcreh5 tuN.u:[uncnded by incrnacing rcuemles in the fall—fico$amaam(a)to the ft.*,)ac sct forth in See i.2. year have eaten away at our fund IFWW Am.a 010.1609.10 Fund Balaeco from Ptevom;Year Omkm1 S 3,212,000 balance. Therefore, we try to be T.W 53,212,000 CC...�JJS�FCI'ION 2.The fnregoitlg ameu0t(5)aE speahod in Soctioe 1 hereof Waco Ikveby appropriatml to the following a}end expendlNre eeWnm(a)as nei fnrth lkloin bok)W: conservative with this rev ,„u,,,+ Doo I Nn:. Funmioo and Asand Actim EwW Am mot 010.151.5151.02 Human Rcsourcest rc-r ©o0ma1 S 49,000 010.1.51.5151.06 Human Neu,urccc 2,000 010.161.5161.02 Rcaenmh&Ik,.,X 1250,000 010.201-5243-81 Puh"f m,l+1&,, 116,000 010.20.215.04 Pali.Ln—ug,[-,Causc Of Death 200,000 010.221.5226.02 1.'mg&Yolurur Fire OCL 35,000 010.221.5226.06 Ting&Yelumr Pia Eqpt 73,- 010.221.5227'0 1 3,000010:221.5227.01 Holicopter Sorvim 230,000 010.231.$232.02 Bldg lnq mn OCE 40,000 010.500.5503.02 P&R Adm OCR. 35,000 OIO.S00.5503.06 P&R Adm Equipmenl 220,000 010.500.5505.11. Packs Maiahnan.Fquipment 60,000 010.671.5679.02 T30vitn0memal N1 m OCF 31,000 010:671.5671 A6 Ent==ente)Mgmt Equipment 41,4W 010.601.5801.35 Tema To Solid Warm Fund 410,000 OI0.911.59t 1.86 Workers Comp-G 11..4 x000 Tocol S 3,212,0Wm ih Thank you for taking the time to meet with us ! Thank you for taking the time to meet with us ! Questions ?