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HomeMy WebLinkAboutCOM 0372.060 2024-2026 �ZYfOF k1 C. Kimo Alameda, Ph.D. , Diane Nakagawa Mayor +; ;+ Director William V. Brilhante Jr. Malia A. Kekai 1t{C/•N''J� Managing Director Deputy Director County of Hawaii Finance Department 25 Aupuni Street,Suite 2103 • Hilo,Hawaii 96720 (808)961-8234 Fax(808)961-8569 October 27, 2025 Dr. Holeka Goro Inaba, Council Chair and Members of the Hawaii County Council Hawaii County Council 25 Aupuni Street Hilo, Hawaii 96720 Re: Finance PowerPoint Presentation—Special Meeting of the Policy Committee on Planning, Land Use, and Economic Development Enclosed is a PowerPoint production slated to be presented during the October 27, 2025 Special Meeting of the Policy Committee on Planning, Land Use, and Economic Development regarding Bill 66 Draft 2. If there are any questions, please do not hesitate to contact the Finance Department at 961-8234. A'� Diane Nakagawa Director of Finance Eric. Co► m. No. 3� - ef. To: -- ��. to Ref. Date—UT-2-7-2025— Hawaii County is an Equal Opportunity Employer and Provider 10/27/2025 1 Debt Capacity Model: Overview of County's 10-year CIP $90o $350 53" $250 $200 $150 $100 $50 $o 2026 2023 2029 2029 2030 2031 Z Consider Financial Commitments Balance our existing financial obligations with current and future needs and objectives Incorporate Required _ Wastewater Infrastructure -x Improvements Administrative Orders of Consent Align and Prioritize CIP Process and funding 2032 2033 M36 0 2035 2036 2037 Draft as of 10/26/2025 1 10/27/2025 Projected Debt Service $ISO `o ee $160 $140 $120 $100 $90 $60 $40 $20 $0 ry�ryb'L�ryry'LOryaryO�'L0�0'L0�~'Y�Ary'V°A�'��'LO��ry��bry�3ry'L0�'L0�9'L�'0'~'��ryry��ry�ry�hryxT ti�ryry��9ry0�ry�yryry�yry�Ary�" ry��yry0�ry��^ry0��9� Draft as of 10/26/2025 IN Existing Debt Service • Projected Other General Projects Debt Service • Projected Hilo Wastewater Treatment Plant Debt Service(LM) • Projected other Wastewater Projects Debt Service(LM) as Projected Other Wastewater Projects Debt Service(HS) regal m,�aa:e es. remn:�a:n.n 3 Capital Improvement Program • "The total County costs for the projects selected for the CIP will not exceed an amount that could be prudently financed taking into consideration the debt service capacity of the County" • The FY2025-26 CIP is $622,765,000 of which $551,336,000 is identified as bond funded. • Not all AOC wastewater projects are included in the CIP. or Consider aligning and simplifying objectives with these baseline conditions in mind. 4 2