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HomeMy WebLinkAboutCOM 0135.006 2022-2024 Mitchell D. Roth °7, Deanna S. Sako Alayor �•'w 11Ba, Director y Diane Nakagawa Deputy Director County of Hawai"i i Finance Department 25 Aupuni Street,Suite 2103 • Hilo,Hawaii 96720 (808)961-8234 . Fax(808)961-8569 raw 4 April 11, 2023 1 C"� ,IL nu_ Heather Kimball, Council Chair and -' Members of the Hawaii County Council Hawaii County Council 25 Aupuni Street Hilo, Hawaii 96720 Re: Finance PowerPoint Presentation—Finance Committee Special Meeting Enclosed is a PowerPoint production to be presented during the FIT 2023-24 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 e Ref:Too, • F�/;_ Ref, Date_ ��� $ � � �� � Hawaii County is an Equal Opportunity Employer and Provider I �. �n 1 1 Q 1. • Finance Committee a� Special Meeting — Departmental Budget and Program Reviews $;N Mayor Mitch D. Roth Director Deanna S. Sako April 11,2023 1 T. K"x k �• _ wr r � r - A - y N", fir.._ �+. -,�. '•� �� �y. Our Mission April 11,2023 2 FY24 March Request Intergovernment Fund Balance From General Fund Revenues Revenue Charges for Services $61,951,899 $6,174,094 Previous Year Other 10.6% 1'1% 4 9% $28000 $9,420,974 1.6 80.0% Taxes (Real Property Tax = 74.4%) Licenses&Permits / $11,031,538 10.6% Intergovernmental Revenue 1.9% Hawai'i County TAT 4.9% Prior Year Fund Balance $24,000,000 4.1% 1.9% License & Permits Public Service Company 1.1% Charges for Services Tax $8,400,000 1.6% Other Miscellaneous Charges 1.4% 100% Total Revenues: $584,174,505 Real Property Taxes $434,750,000 74.4% DEPARTMENTAL BUDGET .PROGRAM FY24 March Request General Fund Expenditures Other General Government, $83,968,515 $72,616,436 • Department of Homelessness (established Health Fund, 14.4% 12.4% in FY23) $64,636,000 11.0% • New Provision for Energy & Fuel and Provision for Training • Uncontrollable S&W increases • Associated benefits increases with S&W increases • Uncontrollable operating cost increases (skyrocketing energy costs, high inflation for all purchases) Pensions& Retirement, $73,566,000 • Additional funds for recruitment and retention purposes Public Safety, • Increase in grant-funded Mass Transit $175,154,164 expenditures Debt Service, 30.0% $47,960,933 2% Total: $584,174,505 8. Highways, $14,664,039 Culture& Recreation, Health,Welfare& 2.5% $29,545,455 Education, $22,062,963 5.1% 3.8% PROGRAMDEPARTMENTAL BUDGET AND FY23 FY24 Change %change S&W 195,964,193 201,201,740 5,237,547 2.67% Employee Benefits & FICA 134,946,000 138,136,000 3,190,000 2.36% Debt Service 49,499,130 47,960,933 -1,538,197 -3.11% Federal and State Grants 94,634,962 61,951,899 -32,683,063 -34.54% Transfer to Other Funds: Transfer to Solid Waste Fund 28,916,044 29,552,658 636,614 2.20% Transfer to Golf Course Fund 790,367 895,681 105,314 13.32% Transfer to Disaster/Emerg Fund 4,260,000 4,313,500 53,500 1.26% Transfer to Sewer Fund 3,446,553 3,946,553 500,000 14.51% Transfer to Housing Fund 11,141,320 11,381,033 239,713 2.15% TOTAL Transfers to Other Funds 48,554,284 50,089,425 1,535,141 3.16% Other Expenditure Changes 73,726,376 84,834,508 11,108,132 15.07% Total Expenditures - GF 597,324,945 584,174,505 -13,150,440 -2.20% Investing in our workforce Strengtheningour service to the communit y Recruitment and retention � _ a�terea e A.,,.\ y6E�■ �•- �oUr web�QTE OF IRAN incentives , r i hihfC.hlhtl, 28 Training and education benefits W, ........ r, fD �_ 3 Internship opportunities r. 8 ----------- DEPARTMENTAL BUDGET AND PROGRAM REVIEWS April 11,2023 10 additional positions New equipment to replace end of life a. Training Upgrade server space and network capabilities Technology upgrades and enhancements Focus on efficiency and innovation Rising costs Increases in fuel, electricity and water Inflationary cost increases to essentials such as insurance, paper, equipment, and many everyday necessities DEPARTMENTAL BUDGET AND PROGRAM REVIEWS April 11,2023 8 Aw N ext step : 10 70IJ JW F77 May icer Other critical needs a j �'�^ •�� � �}�� � �1�` � / � OUOU ;GU UC)UO ox�ou.ro DEPARTM ENTAL BU DG ET AN D PROG RAM REVI EWS April 11,2023 9 1 .. pn t 04 w OV.3daH n< t � �,� S'0,ky,1 y� i� � •y,, v W ,--_kms _�-- •� .,' :.�- * it' s T 1'vJ M r" M SO •dec �'" Se,P Oct �- 15 -- - 511 154'5$45 99 pll __ 1125 4S-7 15�app 1pl p6g4 124'pp p 35�ppp 101 g62 1p5 45 ppp 1pl i g6,5p2 133, 5.000 1p2�4�h Finance Department / •� • e Director Deanna Sako Deputy Director Diane Nakagawa Highlights: Finance Department Budget - $19,655,252 accountingnew system Admin&Budget $2.9 million Internal Control&TA. $719,083 $281,272 4% 1% Accounts Property Management $3,119,064 $4,030,401 serversadditional 16%RPT _................ 20% Risk Management$50,000 $116,913 1% elimination of customer online and kiosk Purchasing convenience _ _ •VRL $558,846 3% $340,000 Treasury property $416,838 2% management Vehicle Reg&Lic Real Property Tax eases . _ . • relocations • . •(l ) $5,452,169 $4,970,666 28% 25% $350,000 12