HomeMy WebLinkAboutCOM 0033.000 2000-2002For your review, deliberation, and acceptance. 1 am submitting the post -audit Financial 4udir Report of the
Counn ofHawai'i jot the Fiscal Year Ended June 30, 2000, and Management Letter dared
October 6, 2000, as prepared by KPMG, LLP The Report and •Management Letter satisfy the requirement
of Section 10-13, Hawaii County Charter, relating to the responsibility of the County Council to conduct
an annual independent audit of the accounts and other evidences of financial transactions of the County and
of every county agency and executive agency
This year's Management Lettet contains findings and recommendations related to
• General Fund Financial Situation (Deficiency of revenues and other sources over expenditures and
other uses, Unreserved fund balance, Debt service and Pension contributions)
• Utilization of the Internet
• Collection of Receivables of wastewater (sewer) and solid waste (landfill)
• Risk Management Process pertaining to worker's compensation claims and the compilation and
analvsis of accident statistics
• Collection of Building Permit Fees
• New Government Reporting Model
The auditors will be present at the Finance Committee meeting on January 23, 2001, to answer any
questions you may have
In the meantime, please feel free to contact Rodney Oshiro should you require further mtormation
Enclosures
Cc w o enc Ralph Kanetoku, KPMG, LLP
Derek Mizuno, KPMG. LLP
AL KONISHI
DONALD IKEDA
t uurn Ch,ADepun
'A.oi•ii�J
(-ounn (lerA
CONSTANCE R KIRIU
Legisiame Udrror
OFFICE OF THE COUNTY CLERK
( ounty of Hawai i
Hm+ar i Counn Building
25 aupum Street
Hdn Hamm r 96-10
Telephone /808) 96/-815
-
Fa,,imile (808) 961-89,12
December 11
2000
To
Council Members
From
Connie Kirlu a
Legislative Auditor
RE
Post -Audit Report of the County of Hawaii
Fiscal Year Ended June 30 2000
For your review, deliberation, and acceptance. 1 am submitting the post -audit Financial 4udir Report of the
Counn ofHawai'i jot the Fiscal Year Ended June 30, 2000, and Management Letter dared
October 6, 2000, as prepared by KPMG, LLP The Report and •Management Letter satisfy the requirement
of Section 10-13, Hawaii County Charter, relating to the responsibility of the County Council to conduct
an annual independent audit of the accounts and other evidences of financial transactions of the County and
of every county agency and executive agency
This year's Management Lettet contains findings and recommendations related to
• General Fund Financial Situation (Deficiency of revenues and other sources over expenditures and
other uses, Unreserved fund balance, Debt service and Pension contributions)
• Utilization of the Internet
• Collection of Receivables of wastewater (sewer) and solid waste (landfill)
• Risk Management Process pertaining to worker's compensation claims and the compilation and
analvsis of accident statistics
• Collection of Building Permit Fees
• New Government Reporting Model
The auditors will be present at the Finance Committee meeting on January 23, 2001, to answer any
questions you may have
In the meantime, please feel free to contact Rodney Oshiro should you require further mtormation
Enclosures
Cc w o enc Ralph Kanetoku, KPMG, LLP
Derek Mizuno, KPMG. LLP
ALAN S KONISHI
Couary Clerk
TO Mr. Al Konishi
County Clerk
OFF/CE OF THE COUNTY CLERK
Counrc of Haivau
Haman Coun(r Building
15 Aupuu Sueel
Hilo Hauau 96710
DONALDIKLDA
Uepun Counq Clerk
CONST ANCE R KIRIU
Le¢idame Auditor
DATE December 11, 2000
RE Post Audit Report for Fiscal Year Ending June 30, 2000
Enclosed are copies of the following
COPIES DATE DESCRIPf10N
3
June 30, 2000 Financial Audit Report for the Fiscal Year Ended June 30, 2000
O0 For your information and files
O Per our conversation
( ) For your signature and return
O Per your request
( ) For your signature and forwarding
() For your approval
as noted below
O See "Remarks" below
( ) For your review and comment
( ) For appropnate action
S
LEGISLATIVE AUDITOR
COUNTY OF HAWAII
Financial Audit Report
for the Fiscal Year Ended
June 30, 2000
By
of
Foreword
This financial audit report is the result of the audit of the financial statements of the County of Hawai i.
State of Hawaii, for the fiscal year ended June 30, 2000 The audit was conducted by KPMG LLP,
certified public accountants
The audit was performed in accordance with auditing standards generally accepted to the L nited States of
America adopted b% the membership of the American Institute of Certified Public Accountants In
addition. the audit was governed by the 'Specifications for a Financial Post -Audit and Systems and
Procedures Examination of the County of Hawai'i," issued by our office
This report is divided into two sections Section I. 'Compliance and Internal Control Over Financial
Reporting." includes the auditors' findings and recommendations based upon their consideration of the
C ounn's internal control in connection with their audit of the County's financial statements for the fiscal
year ended June 30, 2000 It is our practice to request agencies to submit their comments on the auditors'
findmas and recommendations and to indicate what action has been or will be taken
Section I1, "Comprehensive Annual Financial Report' for the fiscal year ended June 30. 2000, displays the
financial statements and schedules of the County, the auditors' report as to the fairness of presentation of
the financial statements and also includes statistical information
We wish to express our sincere appreciation for the cooperation and assistance extended b% the
management and staff of the various departments during the audit
ConstanceR Kinu
Legislative Auditor
County of Hawaii
COUNTY OF HAW AI`1
Financial Audit Report
For the Fiscal Year ended June 30. 2000
Table of Contents
SECTION I — COMPLIANCE AND INTERNAL CONTROL
OVER FINANCIAL REPORTING
Report on Compliance and on Internal Control Over Financial Reporting
Based on an Audit of Financial Statements Performed in Accordance
with Government Auditing Standards
Management Letter
Current Year's Findings and Recommendations
Status of Prior Year Findings and Recommendations
Comments by the Affected Agencies
SECTION II — COMPREHENSIVE ANNUAL FINANCIAL REPORT
Introductory Section
Financial Section
Statistical Sections
Page
3
4
13
18
17
127
SECTION I - COMPLIANCE AND INTERNAL CONTROL
OVER FINANCIAL REPORTING
PC Box/150
Hcro Au. HI 368'2 4150
Report on Compliance and on Internal Control
Over Financial Reporting Based on an
Audit of Financial Statements Performed in
Accordance with Government Auditing Standards
To the Members of the
County Council of Hawaii
County of Hawaii
Hilo, Hawaii
We have audited the general purpose financial statements of the County of Hawaii. State of Haw•at t
(County), as of and for the year ended June 30, 2000, and have issued our report thereon dated October 6.
2000 We conducted our audit in accordance with auditing standards generally accepted in the United
States of America and the standards applicable to financial audits contained in Government Auditing
Standards, issued by the Comptroller General of the United States
Compliance
As part of obtaining reasonable assurance about whether the County's general purpose financial
statements are free of material misstatement, we performed tests of its compliance with certain provisions
of laws, regulations, contracts and grants, noncompliance with which could have a direct and material
effect oa the determination of financial statement amounts However, providing an opinion on compliance
with those provisions was not an objective of our audit, and accordingly, we do not express such an
opinion The results of our tests disclosed no instances of noncompliance that are required to be reported
under Government Auditing Standards
Internal Control Over Financial Reporting
In planning and performing our audit, we considered the County's internal control over financial reporting
in order to determine our auditing procedures for the purpose of expressing our opinion on the general
purpose financial statements and not to provide assurance on the internal control over financial reporting
Our consideration of the internal control over financial reporting would not necessarily disclose all matters
in the internal control over financial reporting that might be material weaknesses A material weakness is
a condition in which the design or operation of one or more of the internal control components does not
reduce to a relatively low level the risk that misstatements in amounts that would be material in relation to
the general purpose financial statements being audited may occur and not be detected within a timely
period by employees in the normal course of performing their assigned functions We noted no matters
mvolvmg the internal control over financial reporting and its operation that we consider to be material
weaknesses However, we noted other matters m%otvmg the internal control over financial reporting,
which we have reported to management of the County in a separate letter dated October 6 2000
This report is intended solely for the information and use of the Count Administration, the Count
Council and federal awarding agencies and is not intended to be and should not be used by anyone other
than these specified parties
Honolulu, Haw•ai`i
October 6, 2000
"I"�
70 �Oa 4151
�ogob_ J -11 96812 L150
October 6, 2000
PRIVATE & CONFIDENTIAL
To the Members of the
County Council of Hawaii
County of Hawaii
Hilo. Hawaii
We have audited the general purpose financial statements of the County of Hawaii, State of Hawaii
(County), for the year ended June 30, 2000 and have issued our report thereon dated October 6, 2000 We
have also audited the County's compliance with requirements applicable to its federal financial assistance
programs and have issued our report thereon dated October 6, 2000 In planning and performing our audit
of the general purpose financial statements of the County, we considered internal control in order to
determine our auditing procedures for the purpose of expressing our opinion on the general purpose
financial statements and not to provide assurance on the internal control over financial reporting We have
not considered internal control since the date of our report
During our audit, we noted certain matters involving internal control over financial reporting and other
operational matters that are presented for your consideration These comments and recommendations, all
of which have been discussed with the appropriate members of management, are intended to improve
internal control or result in other operating efficiencies
We have also reviewed the disposition of the recommendations made in the previous year's report dated
October 15. 1999 The status of prior year findings and recommendations is also presented A number of
recommendations were adopted as suggested or in modified form Other recommendations were not
implemented and those which we felt merited reconsideration have been modified where necessary and
restated in the current year's findings and recommendations section
Our audit procedures are designed primarily to enable us to form an opinion on the general purpose
financial statements and therefore may not bring to light all weaknesses in internal control policies or
procedures that may exist We aim, however, to use our knowledge of the County's organization gained
during our work to make comments and suggestions that we hope will be useful to you
This report is intended solely for the information and use of the County Administration and the County
Council and is not intended to be and should not be used by anyone other than these specified parties
We would like to take this opportunity to express our appreciation for the courtesy and assistance
extended to us by the personnel of the County of Hawai'i during the course of our audit Should you wish
to discuss any of the matters contained herein, we will be pleased to meet with you at your convenience
Very trul) yours,
K`pwtG ri-P
3
COUNTY OF HAWAII
STATE OF HAWAII
Current Year's Findings and Recommendations
June 30, 2000
GENERAL FUND FINANCIAL SITUATION
Over the past four years, the general fund has incurred substantial deficiencies of revenues and other
sources over expenditures and other uses As a result, the County's unreserved general fund balance has
decreased from $21 2 million in 1997 to $16 1 million in 2000
Fiscal year
1997
1998
1999
2000
Deficiency of
revenues and
other sources
over
expenditures
and other uses
$ 1,822,980
4,933,844
4,003,978
5,730,207
Unreserved
fund balance
21,174.450
16,91 1,530
12,933,610
16,100,985
Fhe unreserved fund balance increased in fiscal year 2000, despite a $5 7 million deficiency of revenues
and other sources over expenditures and other uses, because of an offsetting one-time transfer to the
general fund from the debt service fund of $8 7 million related to the 1978 Sinking Fund These funds
became available to fund the County's operations when the 1978 refunding bonds were refunded
We noted that debt service and contributions to the Employees' Retirement System of the State of Hawaii
(Retirement System) are expected to increase significantly after 2001 primarily due to the issuance of
$30 million in general obligation bonds for capital improvements in 2000 and changes in the determination
of the pension contributions
Pension
Fiscal year Debt service contributions
1999
2000
2001
2002
$ 15,274,784
16,382,259
17,154,953
17,140,179
6,490,200
2,105,000
129,000
7,434,500
Additionally, the County Council has authorized $9 8 million in general obligations bonds which will
further increase future debt service requirements upon issuance Future debt service requirements on these
general obligation bonds are not included in the previous table
4 (Continued)
COUNTY OF HAWAII
STATE OF HAWAVI
Current Year's Findings and Recommendations
June 30 2000
We noted that the trend in the deficiency of revenues and other sources over expenditures and other uses
and the unreserved fund balance of the general fund is comparable to trends experienced by the counties of
Maui and Kauai In addition, the County's ratio of debt to real property tax assessed values and the ratio
of annual debt service to total general government expenditures were comparable to the City & County of
Honolulu and the counties of Maui and Kauai
The County administration is aware of the general fund financial situation and is formulating plans to
address this matter
Recommendation
We recommend that the County administration and County Council work together to assess the County's
present financial position and develop budgets to address future general fund financial performance
UTILIZATION OF THE INTERNET
The County's internet website presently provides basic County information In comparison, the City &
County of Honolulu and the County of Maui's websites provide on-line functionality (forms and
applications) and more information and utilize links to other sites that provide additional, useful, and
detailed information Furthermore, the City & County of Honolulu has adopted business strategies that
focus on electronic commerce initiatives such as on-line payments for services (i e , permits and motor
vehicle registration) with no direct cost to the City & County of Honolulu
Development of a more functional and interactive website and implementation of electronic commerce
initiatives would produce the following benefits to the County and its residents
• Automation of routine, high-volume transactions and business processes.
• Easier and more expedient access to governmental services and forms and processing of
transactions.
• Dissemination of information regarding County issues. actions and other community events,
• Dissemination of information to promote tourism and business development,
• Promotion of County services and Council members, and
• Increased consumer confidence in governmental affairs and services
The County is in the process of implementing a real property tax information system that will include an
internet component that will allow individuals to access ownership and assessment information
Additionally, the County is partnering with the Counties of Maui and Kauai and the State of Hawaii in the
development and implementation of electronic commerce initiatives
Recommendation
We recommend that the County develop a more functional and interactive website and continue to
investigate electronic commerce options We also recommend that the County consider reviewing other
governmental agencies' and private businesses' websites to provide additional ideas and information
(Continued)
COUNTY OF HAWAPI
STATE OF HAWAII
Current Year's Findings and Recommendations
June 30, 2000
COLLECTION OF RECEIVABLES
Timely collection of wastewater (sewer) and solid waste (landfill) receivables continues to be a problem
for the Department of Public Works Sewer and landfill receivables outstanding for more than 90 days
account for a significant portion of the respective receivable balances as follows
Sewer.
Current
31 - 60 days
61 - 90 days
90 + days
90 — days
44%
2000
Amount Percentage of
onNtandinv total
S 572,347
139,734
73,742
615.061
S 1,400,884
61 -90 days 31 -60 days
a% 10%
Cunene
41:.
1999
Amount Percentage of
outstnndmv total
41%
524,356
42%
10%
142,380
12%
5%
70,910
6%
44%
495,906
40%
100°0
1233.552
100%
90 — das e
40%
61 40 days
6% 31 - 60 days
1?9,
Current
42%
6 (Continued)
Landfill -
Current
31 - 60 days
61 - 90 days
90 - days
90 + days
50%
COUNTY OF HAWAII
STATE OF HAWAII
Current Year's Findings and Recommendations
June 30, 2000
Amount Percentage of
outstandmo total
$ 266,497
204,096
57,950
523,484
S 1.052,027
61 - 90 days
6%
1999
Amount Percentage of
outstandmn total
25%
328,289
27%
19%
183,461
15%
6%
179,264
14%
50%
539,699
44%
100%
1,230,713
100%
- 60 days
199,
90 + dav-
44%
61 - 90 days
14%
rent
60 days
15%
The Department of Public Works utilizes a collection agency to pursue delinquent accounts < $1 000 As
of June 30, 2000, the Department of Public Works has 523 sewer accounts amounting to approximately
$153,000 and 407 landfill accounts amounting to approximately $28,000 with the collection agency The
current agreement with the collection agency dictates that the Department of Public Works receive 67%
and 73% of all collections on sewer and landfill receivables, respectively, made by the collection agency
The Department of Public Works compiles certain information pertaining to transactions with the
collection agency However, no data is compiled to monitor and evaluate the effectiveness of the agency's
collection efforts
The landfill receivable delinquency problem can also be attributed to the Department of Public Works'
credit extension policies We again noted that the Solid Waste Division of the Department of Public
Works extends credit to all citizens and businesses regardless of credit history Landfill use 1s only
refused when an outstanding receivable balance exceeds 90 days
7 (Continued)
COUNTY OF HAWAII
STATE OF HAWAII
Current Year's Findings and Recommendations
June 30. 2000
Recommendation
We recommend that Department of Public Works' management perform the following procedures to
monitor and evaluate the results of the collection agency's activities as reported by the agency
I Periodic comparison of the ratio of actual collections by the collection agency, as a percentage of
total accounts turned over to the agency
2 Periodic comparison of the ratio of accounts that will not be collectible, as a percentage of total
accounts turned over to the collection agency
Based on management's desired results for the collection of delinquent accounts, the Department of Public
Works should establish benchmarks for collections and evaluate the effectiveness of the collection
agency's efforts relative to those benchmarks
In addition, the County should consider extending credit to landfill users only upon satisfactory credit
history reviews Until satisfactory credit approvals are obtained, landfill users should be required to pay
cash at the time of use
RISK MANAGEMENT PROCESS
Workers' Compensation Claims Process
During our review of the risk management process, we noted that the Corporation Counsel attorney
working in the Workers' Compensation Unit of the Division of Industrial Safety (Workers' Compensation
Unit) is solely responsible for the negotiation of workers' compensation claims' settlement agreements
We again noted that the majority of claims are not subject to supervisory or third party reviews to validate
that the negotiated settlements are reasonable relative to the type and extent of injuries and comparable to
industry guidelines Reviews of the settlement agreements by supervisory personnel with experience in
handling workers' compensation claims or by independent claims adjusters provide additional assurance
that the County is settling workers' compensation claims in a manner consistent with industry standards
and in the best interest of the County
During fiscal year ended June 30, 2000, County employees filed 229 workers' compensation claims and
the County paid approximately $2.655.000 in claims In addition, the workers' compensation claims
liability amounted to $7,257,826 at June 30, 2000 Information regarding the number and amount of
workers' compensation settlements during the fiscal year is not compiled by the Workers' Compensation
Unit We noted no instances of improper settlement agreements during our testwork
8 (Continued)
COUNTY OF HAWAII
STATE OF HAWAII
Current Year's Findings and Recommendations
June 30, 1.000
Recommendation
We again recommend that the County consider the benefit of hiring additional personnel with experience
in handling workers' compensation claims and/or contracting independent claims adjusters to perform
periodic workers' compensation claims reviews or reviews of settlements over a stipulated monetary
threshold The potential savings to the County in the form of a reduction in the number of claims or
settlement amounts may outweigh the additional costs of such procedures
Compilation and Analysts of Accident Statistics
The County is self-insured for workers' compensation and general liability Therefore, it is imperative
that the County pay special attention to safety conditions in the work place Continuous improvement of
the safety conditions improves employee morale and reduces workers' compensation and general liability
claims
In the prior year and during our review of the risk management process, we noted that the Division of
Industrial Safety does not compile and/or analyze statistics on the type, frequency and amount of claims
relating to personal injury and property damage This statistical information and appropriate analyses
could be useful in identifying hazardous work place conditions and locations, and types of recurring
accidents, which could lead to the formulation of policies and procedures to mitigate these situations
Based on discussions with the Division of Industrial Safety employees, such information is not compiled
because, due to the lack of resources throughout the County, accident information is not received from the
departments on a consistent and timely basis
Recommendation
We again recommend that the Division of Industrial Safety obtain from the departments timely
information on workplace accidents, especially those departments that have historically experienced a high
rate of workplace accidents The information should include a description of the accident. the number of
each type of accident, the total estimated damages for each accident, and the total amount of lost man
hours associated with the accident Furthermore, the Division of Industrial Safety should analyze those
statistics, and with the assistance of the affected departments, formulate policies and procedures to
mitigate these situations This will focus the efforts of the County on addressing the specific types and
locations of recurring accidents, to reduce the occurrence of accidents and claims against the County A
reduction in claims would allow the County to use funds, previously used for claim settlements, for other
County programs and needs
9 (Continued)
COUNTYOF HAWAII
STATE OF HAWAII
Current Year's Findings and Recommendations
June 30, 2000
COLLECTION OF BUILDING PERMIT FEES
During our review of the internal controls over the collection of building permit fees at the Hdo and Kona
sites, we noted that there is a lack of adequate segregation of duties over permit fee receipts at the
Building Division of the Department of Public Works (Building Division) The same permit clerk can
collect both the cash and application form, issue the permit (which is not pre -numbered), and record the
transaction in the County's computer system At the end of the day, the supervisor reconciles the cash and
permit applications Effective internal controls require that the duties of receiving and recording cash
transactions be segregated As a result, permit clerks could potentially remove the cash and permit
application and issue permits with duplicate or without numbers The permit clerks could then pocket the
cash receipts and file the application form without informing the supervisor The applicant would not be
concerned as he/she received a valid permit Furthermore, the supervisor would not be able to detect the
missing cash receipts as only the cash and permit applications, which are both missing, are reconciled
Permit fees for the fiscal year ended June 30, 2000 amounted to approximately $1,106,000
Recommendation
We again recommend that the County consider segregating the cash collection, permit issuance and
recording functions at the Building Division One permit clerk should collect the cash and another clerk
should collect the application and issue the permit At the end of the day, the cash receipts, permit
applications and permits should be reconciled by the supervisor If this is not feasible, the division should
consider using pre -numbered permits and reconcile the cash and applications with the permits issued The
sequential listing of the permit numbers should also be verified Alternatively, the County may consider
moving the cash collection function to the Treasury Division of the Department of Finance
NEW GOVERNMENT REPORTING MODEL
Changes in the Government Reporting Model
After years of study and consideration of the needs of users of government financial statements, the
Governmental Accounting Standards Board (GASB) issued its revolutionary new reporting model in June
2000 The new model dramatically changes the presentation of governments' external financial
statements In the GASB's view, the objective of the new model is to enhance the clarity and usefulness
of government financial statements to the citizenry, oversight bodies, investors and creditors It will
substantially affect the County's financial data accumulation and financial statement presentation
processes Some of the key aspects of the changes follow
Management s Discussion and Analysis OND&A/ — A comprehensive MD&A will now be included as
required supplementary information The MD&A will introduce the financial statements by
presenting an analysis of the government's financial performance for the year and its financial position
at year-end The 41D&A will be in addition to the transmittal letter currently required for Government
Finance Officers Association (GFOA) award candidates, such as the County, but we expect that the
10 (Continued)
COUNTY OF HAWAII
STATE OF HAWAII
Current Year s Findings and Recommendations
June 30, 2000
GFOA will make changes in their requirements so as to avoid any duplication between the two
documents
Government -Wide Reporting — The County will be required to report financial operations and net
assets, not only at the fund perspective for governmental activities, but will also have to prepare
statements at the government -wide level This level will distinguish between government and business
type activities All information at the government -wide level will be reported using the economic
resources measurement focus and accrual basis of accounting, as enterprise funds do under the current
model Fiduciary activities will be excluded from the government -wide level of reporting General
government fixed assets, including infrastructure, and long term liabilities of the government will need
to be reported with all other governmental assets and liabilities
Statement oJActrvities — Governments will now be required to use a "net program cost' format for the
government -wide statements instead of a traditional operating statement This new format groups
revenues and expenses by functional categories (such as public safety, public works, etc ) The
purpose of the new statement is to inform readers about the cost of specific functions and the extent to
which they are financed with program revenues or general revenues of the government Governments
will have the option of reporting both direct and indirect program costs Depreciation expense will
now generally be reflected as a cost in the statement of activities
Infrastructure Reporting — Historically, the County has not been required to record infrastructure
assets in its financial statements Under the new standard, the County must report major general
infrastructure assets that were acquired in fiscal years ending after June 30, 1980, or that received
major renovation, restorations, or improvements during that period The standard provides several
alternatives for determining historical cost of infrastructure assets Although the standard generally
requires depreciation of infrastructure assets, the County may not be required to depreciate these
assets if it can demonstrate that it is preserving its infrastructure at approximately (or above) a
disclosed condition level established by the County
Fund Level Reporting — Fund level financial statements will still be required and will provide
information about the County's fund types, including fiduciary funds General capital assets and
general long-term liabilities will only be reported at the government -wide level Fund level reporting
will continue to focus on fiscal accountability and reflect the flows and balances of current financial
resources The modified accrual basis of accounting will continue to be used at the fund level, except
for proprietary and fiduciary funds which would continue reporting based on economic resources and
the accrual method of accounting A reconciliation between the fund and the government -wide
statements will be required on the face of the fund statements Finally, proprietary fund cash flows
statements must be presented using the direct method
II (Continued)
COUNTY OF HAW4P1
STATE OF HAWAPI
Current Year Findings and Recommendations
June 30, 2000
Presentation of Budgetary Information — The standard requires budgetary statements for the general
fund and certain other governmental funds as required supplementary information The original
adopted budget of the County as well as the final revised budget must be presented Actual results on
a budgetary basis will need to be reconciled to the GAAP (generally accepted accounting principles)
basis on the face of the statements
The effective date of the new pronouncement will require implementation by the County for its year
ending June 30, 2002 However, we were informed that the County plans to implement the new
pronouncement for the fiscal year ending June 30, 2001 We noted that the Accounts Division of the
Department of Finance has made significant progress in compiling the required information and preparing
for the new pronouncement We recommend that County personnel continue with their efforts in
implementing the new pronouncement
12
COUNTY OF H4WAI'I
STATE OF HAWAII
Status of Prior Year Findings and Recommendations
June 30, 2000
PROCUREMENT POLICIES AND PROCEDURES
Purchases under 5400
Observation
The County's procurement policies and procedures for purchases under $400 are time-consuming and inefficient
Recommendation
The County should consider the benefit of changing procurement policies and procedures to allow for the
issuance of credit or debit cards to certain individuals within each department for purchases under $400
Status
The Purchasing Division of the Department of Finance is currently awaiting the results of the City & Counn of
Honolulu's efforts to procure a vendor to establish and maintain a credit or debit card system The County will
utilize the information from the City & County of Honolulu's procurement to assist it in procuring and
implementing its own system The County plans to complete implementation in fiscal year 2001 In the
meantime, the County now issues blanket purchase orders that the agencies can use to accumulate purchases
under $400 Invoices from the same vendor are combined and are paid once or twice a month Comment is no
longer applicable
Web -Based Electronic Procurement System
Observation
The County does not utilize a web -based electronic procurement system that would provide such benefits as
access to a broad spectrum of suppliers, the ability to compare a wide -range of vendors' offers before making a
purchase, a streamlined workflow (i e , manual tasks are automated), and reduced cycle times (i e , the waiting
period for return phone calls, faxes, or postal service is eliminated)
Recommendation
The County should consider the feasibility of deploying a web -based electronic procurement system for the
procurement of certain goods
Status
The County is currently in the process of establishing a credit or debit card system for small purchases After the
system is in place, the County will experiment with procuring goods and services over the internet and examine
the advantages and disadvantages of web -based procurement As the County has established a plan to examine
the benefits and costs of a web -based electronic procurement system, the comment is no longer applicable
13 (Continued)
COUNTY OF HAWAY1
STATE OF HAWAVI
Status of Prior Year Findings and Recommendations
June 30, 2000
RISK MANAGEMENT PROCESS
Iflorkers 'Compensation Claims Process
Observation
The Corporation Counsel attomey working in the Workers' Compensation Unit of the Division of Industrial
Safety is solely responsible for the negotiation of workers' compensation claims' settlement agreements There
are no supervisory or third party reviews to validate that the negotiated settlements are reasonable relative to the
type and extent of injuries and comparable to industry guidelines
Recommendation
The County should consider the benefit of (1) hiring additional personnel with relevant experience, (2)
contracting independent claims adjusters to perform periodic workers' compensation claims reviews or reviews
of settlements over a stipulated monetary threshold and/or (3) placing responsibility for review and approval of
settlements over a stipulated monetary threshold with the County Council
Status
Comment is still applicable Refer to the current year finding and recommendation
Compilation and Anal sis oJAccident Statistics
Observation
The County's Division of Industrial Safety does not compile and/or analyze statistics on the type, frequency and
amount of claims relating to personal injury and property damage
Recommendation
The Division of Industrial Safety should consider compiling statistics on the number and type of accidents,
analyzing those statistics and with the assistance of the affected departments, formulate policies and procedures
to mitigate these situations
Status
Comment is still applicable Refer to the current year finding and recommendation
14 (Continued)
COUNTY OF HAWAII
STATE OF HAWAII
Status of Prior Year Findings and Recommendations
June 30, 2000
COLLECTION OF RECEIVABLES
Observation
Wastewater (sewer) and solid waste (landfill) receivables outstanding for more than 90 days account for a
significant portion of the respective receivable balances The Department of Public Works utilizes a collection
agency to pursue delinquent accounts less than $1,000 However, no data is compiled to monitor and evaluate
the effectiveness of the collection agency's collection efforts Additionally, the Solid Waste Division of the
Department of Public Works extends credit to all citizens and businesses regardless of credit history
Recommendation
The Department of Public Works' management should perform the following procedures to monitor and evaluate
the results of the collection agency's activities as reported by the agency
I Periodic comparison of the ratio of actual collections by the collection agency, as a percentage of total
accounts turned over to the agency
2 Periodic comparison of the ratio of accounts that will not be collectible, as a percentage of total accounts
turned over to the collection agency
3 Reconciliation of the recovery percentages to the total of those sewer and landfill accounts recovered
when initially turned over to the collection agency
The Department of Public Works should also consider establishing benchmarks for collections and evaluating the
effectiveness of the collection agencies efforts relative to those benchmarks
In addition, the County should consider extending credit to landfill users only upon satisfactory credit history
reviews
Status
Reconciliation of the recovery percentages to the total of those sewer and landfill accounts recovered when
initially turned over to the collection agency are being performed Refer to the current year finding and comment
on sewer and landfill receivables outstanding over 90 days, monitoring and evaluating the effectiveness of the
collection agency's efforts, establishment of benchmarks and credit extension policies at the landfill
15 (Continued)
COUNTY OF HAWAII
STATE OF HAWAII
Status of Prior Year Findings and Recommendations
June 30, 2000
INTERNAL CONTROLS — CASH COLLECTIONS
Collection of Hilo :Municipal Golf Course Green Fees
Observation
There is a lack of segregation of duties over the receipt of golf course green and cart fees at the Hilo Municipal
Golf Course The cashier performs both the cash collection and starter functions
Recommendation
The County should segregate the cash collection and starter function at the Hilo Municipal Golf Course
Status
The County has determined that it is not feasible to separate the starter and cashier functions As a mitigating
control, the County has posted signs indicating that green and cart fee receipts are required to play Further, the
marshal randomly checks golfers to ensure that they have receipts Comment is no longer applicable
Collection of Building Division Permit Fees
Observation
There is a lack of segregation of duties over permit fee receipts at the Building Division of the Department of
Public Works (Building Division) The same permit clerk can collect both the cash and building permit
application form, issue the permit (which is not pre -numbered), and record the transaction in the County's
computer system Effective internal controls require that the duties of receiving and recording cash transactions
be segregated As a result, permit clerks are able to remove the cash and permit application and issue permits
with duplicate or without numbers
Recommendation
The County should segregate the cash collection, permit issuance, and recording functions al the Building
Division Pre -numbered applications should also be considered
Status
Comment is still applicable Refer to the current year finding and recommendation
16 (Continued)
COUNTY OF HAWAII
STATE OF HAWAII
Status of Prior Year Findings and Recommendations
June 30, 2000
LONG-RANGE STRATEGIC INFORMATION SYSTEMS PLAN
Observation
The County's original Long -Range Strategic Information Systems Plan which was developed to 1991 is obsolete
and needs to be updated
Recommendation
The County should update its Long -Range Strategic Information Systems Plan
Status
The Department of Data Systems completed an information systems review, identified existing computer
applications and established short and long-term goals Comment is no longer applicable
NEW GOVERNMENT REPORTING MODEL
Observation
The Governmental Accounting Standards Board (GASB) issued a revolutionary new reporting model in June
1999 that dramatically changes the presentation of governments external financial statements It will
substantially affect the County's financial data accumulation and financial statement presentation processes
Recommendation
The County should begin to look at its systems and processes to ensure that the required information will be
available to ensure timely implementation of the new standard Furthermore, the County should consider the cost
of required changes to its systems and processes to ensure availability of necessary funds in its upcoming budget
Status
The County plans to implement the new reporting model for the fiscal year ended June 30, 2001 The Accounts
Division of the Department of Finance has made significant progress in compiling the required information and
preparing for the new pronouncement However, additional work still remains Comment is still applicable
Refer to the current year finding and recommendation
17
Stephen K Yantashiro
Wayor
Dime Kaetsu
Dvecior
Frank V Manallh
DeH,m
Countp of'abnail
DEPARTMENT OF FINANCE
o
r
25 4upum'weel, Room 118 • Hilo Hawai , 96720-4252
O
r, .1
(808)961-8234 • F&xl8081961 8248
CD
- T
C
November 3, 2000
a
To Connie Kiriu, Legislative Auditor
N
From Dixie Kaetsu, Director of FinanceQw,�
Re Response to Preliminary Draft Management Letter
Thank you for the opportunity to comment on the draft of the management letter from KPMG
Genera! Fund Financia! Situation
The administration is very aware of the County's financial situation As pointed out by
KPMG, our situation is not unique The states economic problems in recent years have hurt
all of the counties We intend to work with the Countv Count,il to ensure the County s
continued financial health
;New Government Reporting Mode!
The administration is well aware of the requirements of the new reporting model We have
been working on preliminary steps to implementation over the last year, including identifying
and assigning costs to the County's infrastructure assets and planning for asset deprecation
We are now evaluating an asset management and inventory software package that will proNide
the necessary information to comply with asset reporting requirements As noted by KPMG,
it is the County's intent to implement the new pronouncement for the fiscal year ending
June J0, 2001, which is a year earlier than the mandated deadline
Stephen K Yamashiro
Mayor
DATE:
TO:
FROM:
County of Hawaii
DEPARTMENT OF DATA SYSTEMS
25 Aupum Street, Room 102 • Hilo, Hawau 967204252
(808) 961-8207 • Fax (808) 961-8453
November 9, 2000
Connie Mnu, Legislative Auditor
G A Rock, Data Systems Director . ILL/
SUBJECT: Response to Preliminary Draft Management Letter
UTILIZATION OF THE INTERNET
G.A Rock
Data System Dnarnr
0fm
We do agree with the auditor recommendations to continually adding material and enhance
the County's Internet website There is no end to the amount of information that can be put on
the Internet as we enter the era of "electronic government"
Staff time and resources devoted toward our website have increased and more information has
been added as time permits For example, in the past year, the following additional content
areas were been added
✓ Real Property auction sale information
✓ Charter Commission ballot questions, digest, and amendments
✓ League of Women voter information pamphlet
✓ General Plan revision
✓ Corporation Counsel formal opinions (from 1998 Opinion #5 forward)
✓ County Code (the entire text as of October 1999)
✓ County Council meeting agendas/actions taken (from January 2000 forward)
✓ Index listing of Council bills, ordinances, resolutions (from 1998 forward)
✓ P&R camping permit form
✓ P&R aquatics program guide
-2 -
Our plans call for adding the following new website pages dunng the current fiscal year to
provide additional information about County government operations and services to the
public
✓ Finance Department Comprehensive Annual Financial Report
✓ Housing Agency general information and forms
✓ Information & Complaints Office news releases
✓ Handicapped parking permit forms
✓ Immigration Office general information
✓ Liquor rules & regulations, licensing procedures, forms
✓ Planning Department rules, procedures, and forms
✓ Purchasing Bid Specifications and results
✓ Real Property general information and forms
Placing this material on the County's website is in line with the enhancements suggested by
the auditors to promote government services and disseminate information to the public
Of special note, the auditors discussed the need to utilize the website to promote tounsm and
business development Actually, we do have a substantial amount of material on the website
in this area For example
• The entire Hawaii County Data Book is on the site This contains comprehensive
social, economic, and demograpluc data about the Big Island in the form of statistical
tables and maps R&D Department publishes this annually It is one of the mayor
information sources provided to interested parties to promote economic development
• County Annual Reports going back to 1995 are on the website These provide
extensive insight into County government operations and services
• We now have an extensive 3 -year history of building permit information online
• There is a link to our County Film Office website This excellent site has been up for
several years to promote and facilitate use of the Big Island by the film industry for
commercials, movies, television, and photo shoots
• There is a link to the County Big Island Agriculture website that promotes the
agriculture industry by providing substantial information and resource contacts for all
agricultural products grown on the Big Island.
• We also recently added links to numerous other the tounst and economic development
sites for Hawaii
3 -
Based upon the auditor suggestions, we also recently redesigned our home page and set up a
separate link especially for promoting tourism and business development This will guide the
Internet user to a special page that has all the economic development related information in
one place We also substantially increased the number of tourism and business development
links to other websites
As noted by the auditors, we are currently pursuing implementation of special projects under
the state's Access Hawaii "electronic commerce" master project This will enable citizens to
obtain more information and to conduct business with the County of Hawaii via the Internet
For example, obtaining and paying for camping permits on the Internet should be
implemented this year In addition, the auditors noted that the new Real Property Tax System
being installed this year has an interactive inquiry feature that will be available to the public
via the Internet.
We agree with the recommendation of keeping an eye on other government websites as a
source of ideas We recently took a closer look at other jurisdictions in Hawaii for additional
ideas and information We found that no two sites are identical. While Hawaii County's
website may have less material in some areas, it has more in other areas One feature that we
saw and do plan to install in the future is a "general search" capability for our website that
will permit easter location of material
In the future, we will be continually adding more content as our website evolves We hope to
increase staff time devoted to the Internet area As with other project work undertaken by
Data Systems Department, however, we must balance staff time and resources with all of the
priorities and demands that must be addressed
COUNTY OF HAWAII
DEPARTMENT OF PUBLIC WORKS
25 AUPUNI STREET ROOM 202
HILO HI 96720-4245
TELEPHONE (808) 961-832' FAx 808) 961-8630
MEMORANDUM
DATE
November 14, 2000
TO.
Connie Kinu, Legislative Auditor
C3
i
C=)
-_
THRU.
Robert K Yanabu, Chief Engineer
--
L
cn
— -
FROM:
Leslie Botelho, Solid Waste Division
RE
Preliminary Draft Financial Audi; Report for the County of
Hawaii FisLal
Year Ended June 30, 2000
The Solid Waste Division is reviewing the performance of the Frank Huff Collection
Agency They have collected on ninety-one of the four hundred seven accounts
referred to them The Solid Waste staff manages the accounts of customers who are
on payment plans, but there is not adequate staff to work collections on all accounts
We were unable to implement cash collection at the landfills this year Until we are able
to collect cash or establish an alternative payment system we will not be able to restrict
credit accounts to those with satisfactory credit histories
COUNTY OF HAWAII
DEPARTMENT OF PUBLIC WORKS
25 AUPUNI STREET, ROOM 202
HILO HI 96720-4245
TELEPHONE (808) 961-8321 FAX (808) 961-8630
MEMORANDUM
DATE
TO
THRU.
FROM -
RE
November 14. 2000
Connie Kinu
Legislative Auditor
Robert K Yanabu
Chief Engineer
Nancy Crawford Vz�
Business Manager
0
CD m
z c,
0
t
c.n
C4 c=
C=)
P D3
Preliminary Draft Financial Audit Report for the County of Hawaii Fiscal
Year Ended June 30, 2000
Recommendation
Monitor and evaluate the results of collection agency activities and establish
benchmarks to assess the effectiveness of the agency
Response
Wastewater and Solid Waste Divisions have reviewed the data to evaluate the
collections and non -collectable values as a percentage of total accounts turned
over to the collection agency The Department has not established benchmarks for
evaluation purposes The collection agency was the only respondent to the last
Request for Proposals for collection service Their collection rate is higher than
in-house collections
Recommendation
Review credit history before extending credit to landfill users and require payment
at time of use for those without credit
Response
The Department is committed to establishing guidelines for credit applications and
requiring payment at time of use Personne: turnover interrupted the further
implementation of cash collection at the landfills. but it will be pursued
WASTEWATER DIVISION
DEPARTMENT OF PUBLIC WORKS MAILING ADDRESS 25 AUPUNI STREET, RM 202
108 RAILROAD AVENUE -HILA, HAWAII %:20 HILO, HAWAII %7204252
(808) %1-8338 - FAX (808) %1-0614
M 310
AND UM:
C=)
o
r -
M
DATE:
NOVEMBER 13, 2000
=T
TO:
CONNIE KEUU, LEGISLATIVE AUDITOR
CJ1
THRU:
ROBERT YANABU, CHIEF ENGINEER
C.3
FROM:
PETER BOUCHER, WASTEWATER DIV ISI i�
o
�-
SUBJECT:
RESPONSE TO PRELIMINARY DRAFT MANAGEMENT LETTER-
w
FISCAL YEAR END JUNE 30, 2000
Collection of
Receivables — Wastewater Division
We have reviewed the recommendations to monitor and evaluate the results of the
collection agency's activities. The collection agency is already providing statistical data,
which we will review and confirm
Efforts will be continued to monitor and evaluate the effectiveness of the collection
agency's efforts relative to the benchmarks established by the Department of Public
Works
COUNTY OF HAWAII
DEPARTMENT OF PUBLIC WORKS
25 AUPUNI STREET, ROOM 202
HILO HI 96720-4245
TELEPHONE (808) 961-8321 FAX (808) 961-8630
RE: Preliminary Draft Financial Audit Report for the County of Hawaii Fiscal
Year Ended June 30, 2000
There are currently internal checks and balances which make it virtually impossible to
issue a permit without a number or with duplicate numbers Permits cannot be issued
without a number since the inspectors must log in all inspections by referencing the
permit number The Budding Division operates on a " called inspection " system where
the applicant is required to provide the permit number at the time of request If there is
no permit number no inspection will be made
When permits are issued the numbers are recorded in the computer When a permit
number is called up on the computer the screen will display the tax map parcel number
and other pertinent data associated with that permit number If a number has already
been issued any attempt to reuse a number either by mistake or deliberately will
activate an error message on the computer screen
Before the end of each work day the permit clerks run a tally of collections and permits
issued for that day One clerk will run a physical cash count and the second clerk will
run a computer tally Both clerks operate independently of each other and both clerks
must end up with the same total
If the auditors feel that these measures are inadequate then funding should be
provided in the Budding Division for 2 additional staff (one for each side of the island)
whose primary function would be the collection of fees However, as stated in the
auditor's report the collection of fees by the Treasury Division provides the most fool
proof system
CD
MEMORANDUM
CD
'Zn
Ll
DATE November 13, 2000
z
Ca
..
o=
rn
TO: Connie Kinu, Legislative Auditor
m
:wo
THRU. Robert K Yanabu, Chief Engineer
*—,�
FROM: Stanley Takemura, Building Division
RE: Preliminary Draft Financial Audit Report for the County of Hawaii Fiscal
Year Ended June 30, 2000
There are currently internal checks and balances which make it virtually impossible to
issue a permit without a number or with duplicate numbers Permits cannot be issued
without a number since the inspectors must log in all inspections by referencing the
permit number The Budding Division operates on a " called inspection " system where
the applicant is required to provide the permit number at the time of request If there is
no permit number no inspection will be made
When permits are issued the numbers are recorded in the computer When a permit
number is called up on the computer the screen will display the tax map parcel number
and other pertinent data associated with that permit number If a number has already
been issued any attempt to reuse a number either by mistake or deliberately will
activate an error message on the computer screen
Before the end of each work day the permit clerks run a tally of collections and permits
issued for that day One clerk will run a physical cash count and the second clerk will
run a computer tally Both clerks operate independently of each other and both clerks
must end up with the same total
If the auditors feel that these measures are inadequate then funding should be
provided in the Budding Division for 2 additional staff (one for each side of the island)
whose primary function would be the collection of fees However, as stated in the
auditor's report the collection of fees by the Treasury Division provides the most fool
proof system
Memo 0
�o
0 C.7 T
To Connie Kinu = ��
Legislative Auditor 0 m
ca
0
From Jay Sasan ^'
Safety Coordinator
Subject Preliminary Draft Management Letter
November 1, 2000
Date November 3, 2000
Additional Personnel — Workers' Compensation
Please fine attached responses dated 11/23/99 and a copy of Lester J Ishado's
memo to Dixie Kaetsu dated October 9, 2000
The recommendations KPMG Peat Marwick have been considered Funding for
positions and lack of response from some of the departments have been some of
the obstacles
Compilation and Analysis of Accident Statistics
When KPMG first brought this to our attention, part of the problem in getting
timely data was attributable to the fact that the computer program was being
upgraded form the Comp 2000 program to the Renaissance program
Implementation of the program is being completed therefore statistics covering
Workers' Compensation accidents are now available in the format suggested
Departments can make a request for these Other incident type and non-
workers' compensation still need to be handled by the individual departments,
which is more timely and effective in accident prevention programs
Comments made earlier are still pertinent
Si�-p! en K. Yamashiro
Mawr
Gunfg of 21fUztii
DIVISION OF INDUSTRIAL SAFETY
Workers' Compensation Unit
35 Wa11uku Dnve • Hllu Ilam, 9677D • (808)96, 8741 Fu 18n806I 8411.
TO. Jay Sasan
Safety Coordinator
County of Hawaii
FROM: Lester J. Ishado /�
Deputy Corporation Counsel
County of Hawaii
Workers' Compensation Unit
RE 11/1/00 Memorandum from Connie Kidu
DATE. November 3, 2000
Jay A:Sasan
Satery Grndi mm,
This memorandum is written in response to the memorandum from Legislative Auditor
Connie Kinu asking for comments to the Risk Management Process portion of the
(draft) KPMG management letter. On page 8 of said letter, KPMG notes that "the
majority of claims are not subject to supervisory or third party reviews to validate that
the negotiated settlements are reasonable.. "
KPMG is apparently referring to settlements of Permanent Partial Disability (PPD)
benefits, disfigurement, and "wash" of future claims. As noted last year, statutory
guidelines and formulas leave little room to negotiate. Typically the County retains an
independent medical examiner to establish this rating, e.g. 10% of the whole person.
PPD is set as follows:
_ no. of weeks (set by statute depending on type of injury, e.g foot -
205 weeks, leg -288 weeks, whole person -312 weeks) X _maximum
weekly compensation (set by statute depending on year injury occurred)
X _ percentage (determined by doctor).
The Department of Labor does allow a residual of 11% to 5% to be added on to the final
percentage figure.
Jay Sasen
November 3, 2000
Page Two
Disfigurement compensation is also set by guidelines from the Department of Labor and
Industrial Relations at $100.00 per inch of disfigurement. A settlement (wash) of future
workers' compensation benefits is generally set at $15,000.00 by Department of Labor
and Industrial Relations guidelines.
KPMG also notes that during 'fiscal year ended June 30, 2000, County employees filed
229 workers' compensation claims and the County paid approximately $2,655,000.00 in
claims." To clarify any misunderstanding, this is the amount paid for all claims, including
the claims filed in the fiscal year and those filed in prior years.
It should be noted that settlements have to be reviewed by a deputy corporation
counsel, recommended for approval by the Safety Coordinator, and approved by the
Mayor of the County of Hawaii. Also, the letters states that information regarding the
number and amount of workers' compensation settlements is not complied. In fact, the
County has this information available and prepared a compilation for a portion of the
fiscal year for the County Council.
I have no specific comments on the compilation and analysis of accident statistics, but
this could be helpful in the future.
Please forward these comments to Ms. Kidu after you have had a chance to review
them. Thank you.
SECTION I/ - COMPREHENSIVE ANNUAL FINANCIAL REPORT
COMPREHENSIVE
ANNUAL FINANCIAL REPORT
Fiscal Year Ended June 30, 2000
COUNTY OF HAWAII
Hilo, Hawaii
Stephen K. Yamashiro
Mayor
William G Davis
Managing Director
Prepared by
The Department of Finance
Harry A. Takahashi
Director of Finance
COUNTY OF HAki'All
Comprehensive Annual Financial Report
For the Fiscal Year Ended Tune 30. 2000
Table of Contents
Page
INTRODUCTORY SECTION
Letter of Transmittal 1
GFOA Certificate of Achievement 13
Organization Chart 14
List of Elected Officials 15
List of Principal Officials 16
FINANCIAL SECTION
Independent Auditors' Report 17
Glossary of Certain Terms Used in Financial Statements 19
General Purpose Financial Statements:
Combined Balance Sheet - All Fund Types and Account Groups and
Discretely Presented Component Unit 22
Combined Statement of Revenues, Expenditures and Changes in Fund
Balances - All Governmental Fund Types and Expendable Trust Funds 26
Combined Statement of Revenues, Expenditures, and Changes in Fund
Balances - Budget and Actual (Budgetary Basis) - General and Special
Revenue Fund Types 28
Combined Statement of Revenues, Expenses and Changes in Retained
Earnings - Proprietary Fund Type and Discretely Presented
Component Unit 30
Combined Statement of Cash Flows - Proprietary Fund Type and
Discretely Presented Component Unit 3 1
Notes to the Combined Financial Statements 33
FINANCIAL SECTION (Continued)
Supplemental Information
General Fund:
Page
Comparative Balance Sheets 67
Comparative Statements of Revenues, Expenditures and Changes in Fund
Balances 69
Schedule of Revenues, Expenditures and Changes in Fund Balance -
Budge[ and Actual (Budgetary Basis) 70
Special Revenue Funds:
Combining Balance Sheet 76
Combining Statement of Revenues, Expenditures and Changes in
Fund Balances (Deficit) 78
Combining Schedule of Revenues, Expenditures and Changes in
Fund Balances (Deficit) - Budget and Actual (Budgetary Basis)
80
Highway Fund - Schedule of Revenues, Expenditures and Changes in
Fund Balance - Budget and Actual (Budgetary Basis)
84
Parking Meter Fund - Schedule of Revenues, Expenditures and Changes
in Fund Balance - Budget and Actual (Budgetary Basis)
85
Sewer Fund - Schedule of Revenues, Expenditure% and Changes in
Fund Balance - Budget and Actual (Budgetary Basis)
86
Bikeway Fund - Schedule of Revenues. Expenditures and Changes in
Fund Balance - Budget and Actual (Budgetary Basis)
87
Cemetery Fund - Schedule of Revenues, Expenditures and Changes in
Fund Balance - Budget and Actual (Budgetary Basis)
88
Vehicle Disposal Fund - Schedule of Revenues, Expenditures and Changes in
Fund Balance - Budget and Actual (Budgetary Basis)
89
Solid Waste Fund - Schedule of Revenues, Expenditures and Changes in
Fund Balance - Budget and Actual (Budgetary Basis)
90
Golf Course Fund - Schedule of Revenues. Expenditures and Changes in
Fund Deficit - Budget and Actual (Budgetary Basis)
91
Geothermal Relocation Revolving Fund - Schedule of Revenues, Expenditures
and Changes in Fund Balance - Budget and Actual (Budgetary Basis)
92
Beautification Fund - Schedule of Revenues, Expenditures and Changes
in Fund Balance - Budget and Actual (Budgetary Basis) 93
FINANCIAL SECTION (Continued)
Pape
Supplemental Information (continued)
Debt Service Funds:
Combining Balance Sheet 95
Combining Statement of Revenues, Expenditures and Changes in Fund Balances 96
Capital Projects Funds.
Combining Balance Sheet 97
Combining Statement of Revenues, Expenditures and Changes in Fund Balances 98
Capital Projects Fund - Schedule of Appropriations, Expenditures and
Encumbrances - Budget and Actual (Budgetary Basis) 99
Enterprise Funds:
Combining Balance Sheet 107
Combining Statement of Revenues, Expenses and Changes in Retained
Earnings (Deficit) l09
Combining Statement of Cash Flows 110
Trust and Agency Funds:
Combining Balance Sheet 1 I 1
Agency Funds - Combining Balance Sheet 112
Expendable Trust Funds - Combining Statement of Revenues, Expenditures
and Changes in Fund Balances 114
Hawaii County Housing Agency - Schedule of Revenues, Expenditures
and Changes in Fund Balance - Budget and Actual (Budgetary Basis) 115
Agency Funds - Combining Statement of Changes in Assets and Liabilities 1 i 6
General Long -Term Debt Account Group:
Schedule of General Long -Term Debt III
Schedule of Debt Service Requirements to Maturity for General
Obligation Bonds 122
General Fixed Assets Account Group:
Schedule of General Fixed Assets by Source 123
Schedule of Changes in General Fixed Assets by Function 124
Schedule of General Fixed Assets by Function and Activity 125
STATISTICAL SECTION
Page
Chart 1 - General Governmental Revenues and Expenditures Companion
127
Table 1 - General Governmental Expenditures by Function
128
Chart 2 - General Governmental Expenditures by Function
129
Table 2 - General Governmental Revenues by Source
130
Chart 3 - General Governmental Revenues by Source
I'll
Table 2a - General Governmental Tax Revenues by Source
132
Table 3 - Property Tax Levies and Collections
133
Table 4 - Assessed and Estimated Actual Value of Taxable Real Property
134
Table 5 - Real Property Assessed Values by Classification and Tax Rates
135
Chart 4 - Assessed Value of Real Property
139
Table 6 - Principal Taxpayers
140
Table 7 - Computation of Legal Debt Margin
141
Table 8 - Ratio of Net Bonded Debt to Assessed Value and Net Bonded
Debt Per Capita
l42
Table 9 - Ratio of Annual Debt Service Expenditures for General Obligation
Bonded Debt to Total General Governmental Expenditures
143
Table 10 - Demographic Statistics
144
Table 11 - Property Value, Construction and Bank Deposits
145
Table 12 - Miscellaneous Statistical Data
146
INTRODUCTORY SECTION
Stephen K Yarnashiro
lfaior
October 6, 2000
Countp Of'abjaiI
DEPARTMENT OF FINANCE
25 Aupum street Room 118 • Hilo Hawai i 96204252
(808)961-8234 • Fax(809)961-8248
The Honorable Mayor and Members of the Council
County of Hawaii
25 Aupum Street
Hilo, Hawaii 96720
Dile Kaetsu
D,recnr
Frank V %lanahli
Urpw, i
We transmit herewith the Comprehensive Annual Financial Report for the County of Hawaii,
State of Hawaii, for the fiscal year July 1, 1999 to June 30, 2000
This report was prepared by the County's Department of Finance The accuracy of the financial
statements and the completeness and fairness of their presentation are the responsibility of the
County government We believe the enclosed data are complete and accurate in all material
respects and are reported in a manner designed to present fairly the financial position and results
of operations of the various funds and account groups of the County All disclosures necessary
to convey the maximum understanding of the County's financial activities have been included
This report presents the financial position of the County of Hawaii at June 30, 2000 and results
of operations for the fiscal year then ended The report is divided into three sections
The Introductory Section includes this transmittal letter, a Certificate of Achievement for
Excellence in Financial Reporting, the County of Hawai`i's organization chart and lists of
elected and principal officials
The Financial Section contains the general purpose financial statements, related notes, the
combining and individual fund and account group financial statements and schedules, and the
independent auditors' report
• The Statistical Section includes selected financial and demographic information, generally
presented on a multi-year basis
This report includes all funds and account groups of the County of Hawaii, including its
component unit, the Department of Water Supply, established by the County Charter as a semi-
autonomous body of the County government This component unit is included in the County's
reporting entity because of its financial relationship with the County
-1-
The County provides the full range of municipal services These include police and fire
protection, emergency medical care, public prosecutor, culture and recreation, sanitation, social
services, water, planning and zoning, construction and maintenance of highways, streets and
infrastructure, real property assessment and tax collection, and general administrative services
However, the County does not provide such other traditional services as public education,
hospitals and courts These services are provided by the State government
The County ofHawai'i consists of the island of Hawaii, 4,038 square miles in size D is twice
as large as the combined area of all the other inhabited islands in the Hawaiian Archipelago
Since there is no other local or municipal government within the County, there are no
overlapping taxes and no overlapping debt Hawaii County has an elected mayor and a nine -
member council
Economic Condition and Outlook
The island of Hawaii, commonly known as the Big Island, is located 214 miles from Honolulu,
the state capital, 2,200 miles from the west coast of the continental United States, and 4,000
miles from Japan The city of Hilo on the east side of the island serves as the county seat as well
as the transportation and financial center for the Big Island Hilo's infrastructure includes Hilo
Harbor, a deep -water port, and Hilo International Airport which is capable of handling fully -
loaded wide-bodied aircraft Kailua-Kona and South Kohala, major tourist destination areas on
the west side of the Big Island, are served by flights from the United States mainland, Japan and
Canada through the Kona International Airport
In recent years, the County's economy has been in a slump triggered by the loss of over 1,500
jobs due to the closing of three sugar plantations since 1990, and compounded by the economic
woes in Asian nations that led to significant drops in tounsm and foreign investment in the state
However, evidence of economic expansion has led to widespread agreement amount local
economists that the long slump of the 1990s is finally over The County's unemployment rate in
the first half of 2000 averaged 6 9 percent, down from 9 2 percent a year earlier In addition, the
Hawai'i Council on Revenues, in its August 2000 report, made upward revisions in its estimates
for real personal income growth dunng calendar years 2000 and 2001, as well as upward
revisions in its estimates on tounsm and related government revenues from the transient
accommodations tax
Tourism — In addition to the mild climate and natural beauty it shares with other areas in the
state, the County features the Hawaii Volcanoes National Park A popular attraction, the park is
the most visited site in the state, handling over 2 million visitors annually
The latest figures for tounsm in the County are very good, with hotel occupancy rates for the
first half of 2000 up to almost 70 percent, up from 60 percent for the same penod last year
Westbound travelers from the U S mainland continued to dominate the market, with a six
percent increase statewide in the first six months of 2000 over the same period a year ago
Industry sources project continued strength in 2001, according to First Hawaiian Bank's
economic forecast for the County
-2-
Construction — The construction industry continues to improve. as the value of building permits
issued increased for the third straight year in 1999 The strong performance of the economy in
the mainland U S has contributed to this, because most of the growth is in residential
construction, and much of that is due to off -island interests constructing second homes
Agriculture — The mild climate in the County is conducive to agricultural production
Agriculture makes a substantial contribution to the County's economy and produces a variety of
goods for export as well as for local consumption Diversified agriculture got a big boost this
year with the opening of a facility that uses X-rays to kill larval fruit flies in papaya and other
locally grown fruit This will make it possible to increase exports of popular tropical fruits to the
U S mainland
Major Initiatives
For the Year
During the year, the County focused on hazard mitigation, public safety, planning, and other
issues affecting the quality of life in the County
Year 2000 — The beginning of the new millenium came and went uneventfully, thanks to the
preparation by and cooperation between the various County departments and the community
Public information disseminated before January 1, 2000 by the Civil Defense Agency kept
County residents informed about contingency planning and the status of essential services
Project Impact — The County is one of the communities selected to participate in Project Impact,
a federally -funded FEMA program to help build disaster -resistant communities The County's
grant is to implement pre -disaster mitigation efforts aimed at reducing the loss of human life and
the costs and disruptions caused by severe property damage occurring as a result of natural
disasters Additionally, the grant will be used to generate a long-term, self-sustaining program of
disaster mitigation throughout the County
Public Works — The Paukaa Community Collector Sewer and Waiakea Houselots Collector
Sewer Phase II were completed during the year at a total contract cost of S6 8 million Both
projects were financed by loans from the state's Water Pollution Control Revolving Fund
Public Safety — In 1999, police eradicated 215,352 marijuana plants and seized more than 34
pounds of dried, processed marijuana, which resulted in 598 arrests in the County In addition,
12 ounces of heroin, 10 8 pounds of cocaine, and 2 2 pounds of crystal methamphetamine were
recovered, resulting in 382 arrests
Community-onented policing continues to expand with the addition of seven new officers to the
program during the year That brings the total number of community policing officers up to 30
Cormnumty policing facilities also expanded with the opening of a new mini -station in Honokaa,
bringing the total number of mini -stations on the island to six, with three more planned in the
- 3 -
near future This program is successful in placing officers into the community working with the
community to fight crime
Volunteer fire companies are now equipped with pagers for immediate call -out and with a pak-
radio for two-way emergency communications Three new volunteer fire companies were added
during the year, continuing the expansion of fire protection to areas outside the urban cores
General Plan — The Planning Department has undertaken a mayor task, a comprehensive review
and update of the County's General Plan The General Plan is a policy document for the long-
range comprehensive development of the County It provides the direction for the future growth
of the County, and the legal basis for all subdivision, zoning and related activities A draft
document is expected to be ready by fall 2000
Parks and Recreation — in May 2000, a comprehensive ADA program self-evaluation and
transition plan was completed by the Department of Parks and Recreation This establishes the
department's commitment to facilities renovation for ADA compliance
Housing — The Office of Housing and Community Development succeeded in taking 500
families off its waiting list and offering them rental assistance A total of 1,623 families received
housing assistance during the year, most of them through federally -funded HUD Section 8
certificates and vouchers
Technology — The County began work on a geographic information system (GIS) during the
year. A needs assessment was conducted and the County's first GIS plan was completed The
Department of Data Systems has acquired the hardware, software, and personnel necessary to
coordinate and implement the plan
The County began a S2 million project to completely replace the old computerized real property
tax system The new system will allow the County to be independent from the City and County
of Honolulu in its real property tax functions, will interface to the new GIS system, and will have
internet web -based inquiry access available to the public
For the Future
Public Works — Ground will be broken in the next fiscal year for the construction of the
Mohouh Street Extension, the first new mayor street constructed by the County since 1967 Use
of federal matching funds makes this project possible It will relieve congestion along
Waianuenue Avenue by creating a new traffic link between lower Kaumana and Hilo In
addition, land acquisition is underway for another new major street, the Puamako Extension,
which will link upper Kaumana with Waiakea when it is completed Federal matching funds are
also being utilized for this project
As the Hilo landfill approaches full capacity, the County will be looking at solid waste
technology alternatives to divert waste from the Hilo landfill to enable the County to close that
facility
M
Public Safety —Two major projects are due to commence in the next fiscal vear First is
construction of a cellblock in Hilo to house pre -arraignment detainees The state transferred this
function to the County several years ago, and the police have been hard pressed to accommodate
such detainees in their existing facilities, which were not designed for this purpose Community
Development Block Grant funds and a federal loan are helping finance this project
The police and other County agencies are working together to design and construct a new radio
communications system to replace the current one that uses a frequency that will be unavailable
after 2005 The conversion to a new higher frequency band will improve communications
because there will be less interference and fewer "dead" spots This critical $8 million project
will be financed by general obligation bonds Police, civil defense, fire, public works and other
County agencies utilizing radio communications will benefit from this project, which includes
new towers as well as communications equipment islandwide
Workforce Investment Act — The Office of Housing and Community Development is the County
agency that will be administering the new federal Workforce Investment Act funds through
contracts with various one-stop centers to provide employment and training services to
economically disadvantaged adults, dislocated workers and youth The program will begin
July 1, 2000
Financial Information
The management of the County is responsible for establishing and maintaining an internal
control structure designed to ensure that the assets of the County are protected from loss, theft or
misuse and to ensure that adequate accounting data are compiled to allow for preparation of
financial statements in conformity with generally accepted accounting principles The internal
control structure is designed to provide reasonable, but not absolute, assurance that these
objectives are met The concept of reasonable assurance recognizes that (1) the cost of a control
should not exceed the benefits likely to be derived, and (2) the valuation of costs and benefits
requires estimates and judgments by management
Budgetary Control
The County maintains budgetary controls to ensure that legal provisions of the annual budget are
complied with and that expenditures do not exceed budgeted amounts
Activities of the general fund, special revenue funds, and one expendable trust fund are included
in the annual appropriated operating budget Project -length financial plans are adopted for the
capital projects fund Budgetary control is established at the department level
Formal budgetary integration is employed as a management control device for the general fund,
special revenue funds, one expendable trust fund, and the capital projects fund Budgetary
control for the debt service fund is achieved through general obligation bond indenture
provisions
- 5 -
The basis of accounting used for the budgets of the general and special revenue funds differs
from generally accepted accounting principles Intergovernmental revenues are recognized when
awarded by the granting agency, encumbrances and unexpended allotments are treated as
expenditures for purposes of determining legal compliance with the annual budget, all leases are
treated as operating leases, and accounts payable are not accrued
The County also maintains an encumbrance accounting system as one technique of
accomplishing budgetary control Encumbrances outstanding at fiscal year end are reported as
reservations of fund balances and do not constitute expenditures or liabilities because they will
be honored during the following year As demonstrated by the statements and schedules
included in the financial section of this report, the County continues to meet its responsibility for
sound financial management
Genera! Government Functions
The following is a summary of operations for the fiscal year ended June 30, 2000, including the
general fund, special revenue funds, and debt service fund
Revenues - Revenues in fiscal 2000 totaled $151,536,452, a 2 1 % decrease from the previous
year The amounts of revenues from the various sources and changes from last year follow
Increase Percent of
Percent (Decrease) Increase
Source Amount of Total From 1999 (Decrease)
Taxes and assessments
593,323,506
61 6%
($1,321,302)
(14%)
Licenses and permits
7,261,189
48
309,628
45
Intergovernmental
32,572,438
215
(2,502,917)
(7 l)
Charges for current services
11,214,850
74
1,066,526
105
Fines and forfeitures
401,781
02
50,067
142
Interest and penalties
5,281,513
3 5
(263,792)
(4 8)
Miscellaneous
1,481,175
10
(1,606,880)
(52 0)
Total
$151,536,452
1000%
(54,268,670)2277)
The County's largest single source of revenues, taxes and assessments, showed a small decrease
during the year and contributed 61 6% of the total revenues Taxes and assessments are a
combination of three distinct resources real property, fuel, and franchise taxes Real property
tax revenues were $1 5 million less than the pnor fiscal year, and accounted for the decrease
during the year Assessments are based on 100% of fair market value, and reflect declining
property values county -wide Tax rates remained unchanged from the prior year
Charges for services increased 10 5% to $11,214,850 as a result of efforts to recover a higher
percentage of costs through user fees and charges to those benefiting from various services
Miscellaneous revenue was $1,481,175, a 52 0% decrease from the prior year, which was
unusually high due to a refund of 51 6 million in excess employer contributions from the State of
Hawaii Employees' Health Fund
Taxes 62%
Intergovernmental
kk� 21%
Miscellaneous 1%
Interest/penalties 4% Charges for services 7%
2000 Revenues by Source
Miscellaneous
Interest & penalties
Fines and forfeitures
Charges for services
Intergovernmental
Licenses & permits
Taxes
Licenses 5%
$ S g§- s s§ s
n a vii
132000 ■ 1999 S 9 o
($000)
Comparison of Revenues by Source - FY 1999 and 2000
7-
Expenditures - Expenditures for general government purposes in the fiscal year ended
June 30, 2000 totaled 5156,081,429, a decrease of 04% from the preceding period The amounts
of expenditure by major functions and changes from last year follow
Increase Percent of
Percent (Decrease) Increase
Function Amount of Total From 1999 (Decrease)
Public safety
S 58,394,818
374%
52,359,560
42%
General government
21,441,933
13 7
644,841
3 1
Highways and streets
8,006,327
5 1
(141,700)
(1 7)
Sanitation
12,856,080
82
569,286
46
Health, education, welfare
5,078,730
3 3
(231,094)
(4 4)
Culture and recreation
11,526,076
74
(795.079)
(6 5)
Pension and retirement contributions
5,640,803
36
(4,144,662)
(42 4)
Health fund
9,544,209
6 1
279,816
3 0
Miscellaneous
4,223,753
27
607,479
168
Capital outlay
2,748,158
1 8
(909,548)
(24 9)
Debt service
16,620,542
107
1,138,742
74
Total
$156,081,429
1000%
($ 622.359)
104)
The actuanally-determined contribution to the Employees' Retirement System required during
the year was $4 0 million less than the prior year's requirement because of changes in actuarial
assumptions adopted by the state legislature
The expenditure for capital outlay decreased 24 9% to $2 7 million because of lower
expenditures during the year for federally -funded Community Development Block Grant and
HOME Program projects
Capital outlay 2%
Miscellaneous 3%
Health fund 6% _ __---.i
Pensions
Culture/
rec 7%
HEW 3%
Sanitation 8%
govt 14%
Highways & streets 5%
11%
Public Safety 37%
2000 Expenditures by Function
Debt service
Capital outlay
Misc
Health fund
Pension/retire
Culture & recreation
HEW
Sanitatwn
Highways & streets
General govt
Public safety
o S o o $ o 0
0 0 0 0
0 0 0 0 0 0
132000 ■ 1999
($000)
Comparison of Expenditures by Function - FY 1999 and 2000
General Fund Balance
The unreserved fund balance for the general fund amounted to S 16 1 million at June 30, 2000
Nearly all of this amount was designated for various purposes, including S 13 4 million that was
projected and anticipated as revenue to finance the ensuing fiscal year 2001 operating budget
The balance of $50,000 was unreserved and undesignated
Enterprise Operations
Kulaimano Elderly Housing Project - The operating revenue of this fund totaled $234,925
during the fiscal year, an increase of $12,598 over the prior year Operating expenses were
$178,520, up $31,076 over last year Interest paid on long -tern debt exceeded interest earned on
investments by $49,819 Net income for this fiscal year was $6,586
l�
Ouli Ekahi Affordable Housing Project — The operating revenue of this fund was 5202,456,
down from $207,476 in the prior year After operating expenses of $205,867 and interest income
of $474, the net loss for the year was $2,937
Component Unit - Department of Water Supply
Water sales totaled 520,964,517, an increase of 5488,426 over the prior year Operating
expenses of $23,909,869 are S 1,716,628 higher than last year, resulting in an operating loss of
$2,945,352 Nonoperating revenues (primarily interest earnings) net of nonoperating expenses
(primarily interest expense) totaled $148,093, resulting in net loss of 52,797,259
Pension Plan
All full-time employees of the County participate in the Employees' Retirement System of the
State of Hawaii, a cost-sharing, multiple -employer defined benefit public employee retirement
system
Debt Administration
The County issued general obligation bonds to agencies of the federal government on behalf of
the component unit in the amount of $253,250 during the year
The County has drawn down on thirteen loans from the State Water Pollution Control Revolving
Fund to finance wastewater projects in Hilo and Kona The cash which the County had
borrowed at June 30, 2000 (net of repayments) totaled $32,781,475
The total debt outstanding at June 30, 2000 was $183,171,814 (including debt of the enterprise
fund and the component unit) Under current State statutes, the County's general obligation
bonded debt issues are subject to a legal limitation of 15% of total assessed value of real
property As of June 30, 2000, the County's net general obligation bonded debt of $162,716,490
was well below the legal limit of S 1,512,507,548
On September 14, 2000, the County issued $18,940,000 in general obligation refunding bonds to
refund the 1978 Refunding Bonds, and S30 million in general obligation bonds The interest
rates on the two new issues range from 4 25% to 6 00% By refunding the 1978 Refunding
Bonds, $8 7 million in the 1978 Sinking Fund became available to the County to finance
operations
Cash Management
Cash temporarily idle during the year was invested in demand deposits, certificates of deposit
and repurchase agreements. The average yield on investment was 4 67%
The County's policy is to minimize credit and market risks while maintaining a competitive yield
on its portfolio. Accordingly, with the exception of $219,765 held by bond paying agents and a
rental management agent, deposits were either insured by federal depository insurance,
-10-
collateralized, or secured by irrevocable letters of credit All collateral on deposits was held for
safe keeping with a County -designated agent in the County's name
Risk Management
The County maintains insurance coverage for privately owned police vehicles as well as for
other purposes The County is substantially self-insured for its vehicles as well as for all other
perils including workers' compensation and general liability
Other Information
Independent Audit
The Hawaii County Charter requires an annual audit by independent certified public
accountants KPMG LLP was selected by the County Council to perform the audit
Employee Union Contracts
County employees are members of seven different bargaining units Two of the bargaining units
have contracts which expired June 30, 1999 For one of these units, the County is awaiting the
results of binding arbitration The other unit has declared an impasse in negotiations, and is
currently in mediation One unit has a contract that runs through June 30, 2003 as a result of
binding arbitration The other four units have an arbitration award covering the four years
ending June 30, 2003 that has been approved by the County Council. However, concurrence of
all affected Jurisdictions is required by state law, and the state legislature has not yet approved
the cost items of the arbitration decision
Certificate ofAchfevement
The Government Finance Officers Association of the United States and Canada (GFOA)
awarded a Certificate of Achievement for Excellence in Financial Reporting to the County of
Hawaii for its comprehensive annual financial report for the fiscal year ended June 30, 1999
This was the twelfth consecutive year that the government has aclueved this prestigious award
In order to be awarded a Certificate of Achievement, a government must publish an easily
readable and efficiently organized comprehensive annual financial report, whose contents
conform to program standards. This report must satisfy both generally accepted accounting
principles and applicable legal requirements
A Certificate of Achievement is valid for a penod of one year only We believe our current
comprehensive annual financial report continues to meet the Certificate of Achievement
Program's requirements, and we are submitting it to the GFOA to determine its eligibility for
another certificate
Acknowledgments
The preparation of this report on a timely basis was made possible by the efficient and dedicated
services of the entire staff of the Department of Finance and fiscal personnel in other
departments I am grateful for their help in preparing this report I also thank the Mayor and the
members of the County Council for their interest and support in assuring the continuing sound
financial condition of the County of Hawaii
DIXIE KAETSU
Director of Finance
- 12 -
Certificate of
Achievement
for Excellence
in Financial
Reporting
Presented to
County of
Hawaii
For its Comprehensive Annual
Financial Report
for the Fiscal Year Ended
June 30, 1999
A Certificate of Achievement for Excellence in Financial
Reporting is presented by the Government Finance Officers
Association of the United States and Canada to
government units and public employee retirement
systems whose comprehensive annual financial
reports (CAFRs) achieve the highest
standards in government accounting
and financial reporting
3;t-&46-�
FPresident
� Y
Executive Director
County Council
County Clerk
Departments and agencies
under direct supervision
of the Mayor andlor
Managing Director
Corporation Counsel
Finance
Data Systems
Planning
Research & Development
Public Works
Parks & Recreation
Fire Department
.Mass Transportation
County of Hawaii
Organization Chart
Countv Electorate
Mayor 1 i Prosecuting Attorney
Office of the Mayor
Managing Director
Safety Coordinator
Agencies under
administrative supervision
of the Mayor
Civil Defense
Office of Aging
-14-
Departments under
commissions and
administrative supervision
of the Mayor
Civil Service
Police
Liquor Control
Housing & Community
Development
Water Supply
(semi -autonomous)
Countv of Hawaii
Elected Officials
Administrative Officers (Term 1996-2000)
Stephen K Yamashiro Mayor
Jay T Kimura Prosecuting Attorney
County Council (Term 1998-2000)
James Y Arakaki
Chair
Al Smith
Vice Chair
Aaron S Y Chung
Member
Leningrad Elananofi
Member
Julie Jacobson
Member
Bobby Jean Leithead-Todd
Member
Nancy Pisicchio
Member
J Curtis Tyler, III
Member
Dominic Yagong
Member
-15-
Principal Officials
June 30, 2000
County Clerk
Al Konishi
Legislative Auditor
Connie Kinu
Managing Director
William G DdvlS
Deputy Managing Director
Henry Cho
Corporation Counsel
Richard Wurdeman
Director of Finance
Ham A Takahashi
Planning Director
Virginia Goldstein
Director of Personnel
Michael R Ben
Director of Research and Development
Margarita Hopkins
Chief of Police
Wayne Carvalho
Fire Chief
Edward Bumatay
Chief Engineer
Robert Yanabu
Director of Parks and Recreation
Juliette Tulang
Manager, Department of Water Supply
Milton Pavao
Civil Defense Administrator
Harry Kim
Director of Liquor Control
Janice A Pakele
Transit Operations Administrator
Michael Cochran
Executive on Aging
William T Takaba
Assistant Administrator, Office of Housing and
Community Development
Edwin S Taira
Safety Coordinator
Jay Sasan
-16-
FINANCIAL SECTION
Sox4 =C
-0,-CIi.. J - 36812 5'6C
Independent Auditors' Report
To the Chair and Members of the
County Council
County of Hawaii
State of Haw•ai' i
We have audited the accompanying general purpose financial statements of the County of Hawaii, State
of Hawaii (County), as of and for the year ended June 30, 2000, as listed in the table of contents under
Financial Section These general purpose financial statements are the responsibility of the County's
management Our responsibility is to express an opinion on these general purpose financial statements
based on our audit
We conducted our audit in accordance with auditing standards generally accepted in the United States of
America and the standards applicable to financial audits contained in Government Auditing Standards
issued by the Comptroller General of the United States Those standards require that we plan and perform
the audit to obtain reasonable assurance about whether the financial statements are free of material
misstatement An audit includes examining, on a test basis, evidence supporting the amounts and
disclosures in the financial statements An audit also includes assessing the accounting principles used
and significant estimates made by management, as well as evaluating the overall financial statement
presentation We believe that our audit provides a reasonable basis for our opinion
In our opinion, the general purpose financial statements referred to above present fairly, in all material
respects, the financial position of the County of Hawaii, State of Hawaii, as of June 30, 2000, and the
results of its operations and the cash flows of its proprietary fund type and component unit for the year
then ended in conformity with accounting principles generally accepted in the United States of America
In accordance with Government Auditing Standards, we have also issued our report dated October 6, 2000
on our consideration of the County's internal control over financial reporting and on our tests of its
compliance with certain provisions of laws, regulations, contracts and grants That report is an integral
part of an audit performed in accordance with Government Auditing Standards and should be read in
conjunction with this report in considering the results of our audit
_17_
Our audit was made for the purpose of forming an opinion on [he eeneral purpose financial statements
taken as a whole The combining and individual fund and account group financial statements and
schedules listed in the table of contents under supplemental information are presented for purposes of
additional analysis and are not a required part of the general purpose financial statements of the County of
Hawaii, State of Hawai i Such information has been subjected to the auditing procedures applied in our
audit of the general purpose financial statements and, in our opinion, is fairly stated in all material
respects, in relation to the general purpose financial statements taken as a whole
We did not audit the data included in the Introductory and Statistical Sections of the Count's
comprehensive annual financial report as listed in the table of contents and, accordingly, express no
opinion thereon
LcP
Honolulu, Hawari
October 6, 2000
GLOSSARY OF CERTAIN TERMS USED IN FINANCIAL STATEMENTS
The following is a glossary of certain terms associated with financial statements
Fund - An independent fiscal and accounting entity with a self -balancing set of accounts
recording cash and,'or other resources together with all related liabilities, obligations, reserves and
equities which are segregated for the purpose of carrying on specific activities or attaining certain
objectives in accordance with special regulations, restrictions or limitations
Appropriations - Authorizations granted by a legislative body to make expenditures and to incur
obligations for specific purposes An appropriation is usually limited in amount and as to the
time when it may be expended
Encumbrances - Obligations in the form of purchase orders, contracts or other commitments
which are chargeable to an appropriation and for which a part of the appropriation is reserved
Encumbrances cease to exist when the related expenditure is recorded
Unexpended Allotments - Reservations of capital project appropriations that are available to
complete such projects in future fiscal periods
Expenditures - Cost of goods delivered or services rendered, whether paid or unpaid, including
expenses and capital outlays Expenditures are distinguished from encumbrances in that
expenditures relate to goods delivered or services rendered whereas encumbrances represent
commitments or obligations for goods to be delivered or services to berendered and for which no
actual liability has been incurred
Lapses - As applied to appropriations, the term denotes the automatic termination of an
appropriation Except for continuing or indeterminate appropriations. an appropriation is made
for a certain period of time At the end of this period, any unexpended or unencumbered balance
thereof is returned to fund balance, unless otherwise provided by law
19-
This page intentionally left blank.
-20-
GENERAL PURPOSE FINANCIAL STATEMENTS
-21-
COUNTY OF HAWAII
Combined Balance Sheet
All Fund Types and Account Groups and Discretely Presented Component Unit
June 30, 2000
(With comparative totals for June 30, 1999)
Assets and Other Debits
Cash and investments (notes 3 and 16)
Cash and cash equivalents
Investments
Imprest and change funds
Receivables
Trade, net of allowance for doubtful
accounts
Real property taxes
Due from other governments
Due from other funds (note 4)
Other
Inventories
Prepaid expenses
Restricted assets (note 3)
Cash and cash equivalents
Investments
Loans receivable
Fixed assets, net of accumulated depreciation where
applicable (notes 5, 7 and 16)
Deferred charges
Amount available in debt service funds
Amount to be provided for retirement of general
long-term debt
Total assets and other debits
Proprietary
Governmental Fund Types Fund Type
Special Debt Capital
General Revenue Service Protects Enterprise
$ 4,062,240
$14,871,058 $ 286,095
$ 5,206,898
$ 287,046
18,930,747
9,835,484
47,200,000
500,000
25,695
2,400
150
1,585,591
16,778
10,193,392
3,013,305
60,490
3,185,015
2,039,152
51,737
126,404
1,301,158
266,979
2015
2,394
2,161,257
1,868
1,089,228 1 587 213.219
715,135
-- -- -- -- 1,505,063
$43,531,309 $16838,255 $10,121,579 $55.721,919 $2,526,518
See accompanying notes to combined financial statements
-22-
Fiduciary
Totals -
Component
$ 34,202,501
Fund Types
Account Groups Primary
Unit
Totals -
95,897,890
General Government
Department
Reporting Entity
Trust and
Long -Term General (Memorandum
of
(Memorandum Onlvi
Agency
Debt Fixed AssetsO( nlyl
Water Supply
June 30, 2000 June 30, 1999
$9,193,797 $ $
$ 33,907,134
S 295.367
$ 34,202,501
$ 44,801,169
1,716,862
78,183,093
17,714,797
95,897,890
68,739,924
100
28,345
10,481
38,826
37,542
452,509,818
1,602,369
1,972,340
3,574,709
3,725,209
9,785,133 9,785,133
10,193,392
9,785,133
10,193,392
10,669,810
1,404
6,260,214
174,606,586
6,260,214
6,15?,126
3,537,152
5,754,445
5,754,445
5,442,859
875,238
2,447,784
239,593
2,687,377
879,706
2,161,257
604,272
2,765,529
2,679,243
1,868
7,046
8,914
4,982
1,400,000 2,704,034
2,704,034
1,916,893
715,135
8,623,143
9,338,278
9,201,417
756,200
756,200
512.025
316,385,234 317,890,297
147,032,463
464,922,760
452,509,818
4,190,617
4,190,617
4,608,080
9,785,133 9,785,133
9,785,133
17.804,829
216,355,224 216 355,224
216,355,224
174,606,586
$16,724,553 $226.140,357 $316,385,234 $687,989,724
5181,446,319
$869,436,043
$804,297,218
(Continued)
-23-
COUNTY OF HAWAII
Combined Balance Sheet
All Fund Types and Account Groups and Discretely Presented Component Unit
June 30, 2000
(With comparative totals for June 30 1999)
Liabilities. Eauitv and Other Credits
Liabilities
Warrants payable
Accounts payable
Employee costs payable
Due to other funds (note 4)
Due to federal government - arbitrage rebate
Accrued liabilities
Customer advances and deposits
Deferred revenue (note 6)
Customer deposits payable from restricted assets
Bonds payable (notes 9 and 16)
Notes payable (note 9)
Other general long-term debt (notes 7, 8, 9, 13,
14 and 16)
Assets held for the benefit of improvement
districts
Other
Total liabilities
Equity and other credits
Investments in general fixed assets
Contributed capital (notes 10 and 16)
Retained earrings (note 12)
Reserved
Unreserved
Fund balances (notes 9 and 12)
Reserved
Unreserved
Proprietary
Governmental Fund Types Fund Type
Special Debt Capital
General Revenue Service Projects Enterprise
$
1106,811
$ 954,104 S
$1,149,285
S 14253
979,708
910.600
2,294,804
8 266
3 162,429
950 596
122,994
Total equity and other credits
358,074
--
_-
Total liabilities, equity and other credits
--
220,894
$55,721,919 $2.526,518
7,'29
11,671,896
1,753,771
514,504
1,781
__
-_
--
75,525
1 135,139
698 292 -- -- 1.587 --
18,977,210 4,569,071 220,894 4,103,174 1,192,693
955,663
-- -- -- -- 1-2.541
205,621
8,453,114 3,587,918 9,900,685 30,594.007
Designated
16,051,394
4870.646
5,287,588
Undesignated
49,591
3,810.620 --
15,737,150 --
Total equity and other credits
24,554,099
12,269,184 9,900,685
51,618,745 1,333,825
Total liabilities, equity and other credits
$43,531,309
$16,838,255 $10,121,579
$55,721,919 $2.526,518
See accompanying notes to combined financial statements
-24-
(Concluded)
Fiduciary
S S
Totals -
C omponent
$ 7,235,187
Fund Types
Account Groups
Primary
Unit
Totals -
5,062,946
General
Government
Department
Reporting Entity
Trust and
Long -Term General
(Memorandum
of
(Memorandum Only)
Agency
Debt Fixed Assets
LanW
Water Supply
June 30, 2000 June 30, 1999
$ 1,968,450
S S
S 6,192,903
S 1,042,284
$ 7,235,187
$ 7,162436
9,105
106,244,484
4,202,483
860,463
5,062,946
5,067,949
172,541
169 117
205,621
3.879 343
1,518,426
48,719 375
5,754,445
56,055,894
5.754,445
5,442,859
51,257,318
804,556 --
358,074
--
358,074
253 620
1,116,793
22,168,504
1,345,416
1,774,287
3,119,703
3,187612
170,465
170,465
221,434
391,899
366 990
157,275,508
580,233,149
13,961,952
$16,724,553 $226,140,357
13,961,952
14,030 987
$869,436,043
$804,297218
25,525
8,623,143
8,648,668
9,303 502
137,606,000
137,606,000
11,649,200
149,255,200
126,387 350
1,135,139
1 135,139
1,146 411
88,534,357
88,534,357
88,534,357
78,324 915
5,045,445
5,045.445
5,045,445
4,742 589
6998-9
699,879
773 051
9,828,684
226,140,357
265,032083
24,170,811
289.202,894
260.069614
-25-
316,385,234 316,385,234
316,385,234
304,832 940
955,663
106,244,484
107,200,147
107,017 338
112,541
172,541
169 117
205,621
51,031,024
51,236,645
48,719 375
3,520,170
56,055,894
56,055,894
51,257,318
804,556 --
-- 27,014,184
--
27,014,184
19,636,943
2,571,143
22,168,504
22,168,504
12,594,573
6,895,869
316,385,234 422,957,641
157,275,508
580,233,149
544,227,604
$16,724,553 $226,140,357
$316,385,234 $687,989,724
5181,446,319
$869,436,043
$804,297218
-25-
COUNTY OF HAWAII
Combined Statement of Revenues, Expenditures and Changes in Fund Balances
All Governmental Fund Types and Expendable Trust Funds
For the Fiscal Year Ended lune 30, 2000
(With comparative totals for the fiscal year ended June 30, 1999)
Revenues
Tares and assessments
Licenses and permits
Intergovernmental
Charges for current services
Fines and forfeitures
Rents
Interest and penalties
Miscellaneous
Total revenues
Expenditures
Current
General government
Public safety
Highways and streets
Sanitation
Health, education and welfare
Culture and recreation
Pension and retirement contributions (note 15)
Health fund
Miscellaneous
Capital outlay
Debt service Interest and finance charges
Principal retirement
Total expenditures
Excess (deficiency) of revenues over expenditures
Other financing sources (uses)
Sale of general fixed assets
Intergovernmental loans
Proceeds from sale of bonds
Proceeds from sale of refunding bonds
Payment to refunded bond escrow agent
Increase in capital leases
Operating transfers in
Operating transfers out
Total other financing sources (uses)
Governmental Fund Type,
Special Debt Capital
General Revenue Service Protects
$83.270,529
S10,052,977
$ 5
3,813.132
3,448,057
--
32,152,183
420,255
5,810,824
2,426,864
8,787,986
--
401,781
--
(22,632,046) (2,643,977)
120,744
5,076,128
-- --
4,922,950
--
358,503 2,166
989.225
371,206
-- 533,268
128,09-408
23,080,481
358.563 6,346 258
21,432,976
8,957
--
648,553
55,784,371
2,610,447
595,499
1,518.667
6.487,660
2.676,995 --
9,213 894
--
12,856,080
(22,632,046) (2,643,977)
5,221.927
5,076,128
2.602
--
10,736,652
789 424
3,429 247
5,036,367
604.436
--
8,646.361
897,848
--
3,177,419
1,046.334
51 827
2,748,158
--
--
--
64,789
7,693,992
173,494
8,688,267
--
114,395,382
25,303,788
16,382,259
19,160,947
13,702,026
(2,223,307)
(16,023,696)
(12,814.689)
28,387
--
5,530,217
29,877,561
18,775,575
--
(18,7715,575)
2.676,995 --
-- --
494,431 5,493.977
17,138,069 2,520,971
(22,632,046) (2,643,977)
(358,563) --
(19,432,233) 2,850,000
16,779,506 37,928,749
Excess (deficiency) of revenues and other sources
over expenditures and other uses (5,730,207) 626,693 755,810 25,114,060
Fund balances at beginning of year 21,560,805 11,642.491 17,846,888 26,504,685
Residual equity transfer in (out) (note 9) 8,702,013 -- (8,702.013) --
Increase in reserve for inventories 21,488
Fund balances at end of year $24,554,099 $12,269,184 $9,900,685 $51,618,745
See accompanying notes to combined financial statements
-26-
Fiduciary Totals
Fund Type (Memorandum Only)
Expendable
Trust 2000 1999
$
$93,323,506
$94,644808
--
7,261,189
6,951,561
7,685,121
46,068,383
50,116,034
--
11,214,850
10,148,324
7,624,221
401,781
351,714
--
120,744
113,433
250,445
5,534,124
5,763,247
804,020
2,697,719
3,716,643
8,739,586
166,622,296
171,805,764
1,971
22,092,457
21,251,964
--
58,990,317
56,754,189
18,775,575
17, 220,221
21, 710, 830
--
18,078,007
16,641,662
7,624,221
12,702,951
13,169,379
--
14,955,323
18,484,239
138,628
5,779,431
9,974,027
--
9,544,209
9,264,393
4,275,580
3,625,992
2,748,158
3,657,706
7,758,781
7,507,730
--
8,861,761
7,974 070
7,764,820
183,007,196
190,016,181
974,766
(16,384,900)
(18,210,417)
28,387
53,668
5,530,217
1,324,602
29,877,561
--
18,775,575
(18,775,575)
2,676,995
--
25,647,448
30,384 929
(12,862) (25,647,448)
(30,384,929)
(12,862) 38,113,160
1,378,270
961,904 21,728,260 (16,832,147)
5,933,965 83,488,834 100,211,330
21,488 109 651
$6,895,869 $105,238,582 $83,488,834
-27-
COUNTY OF HAWAII
Combined Statement of Revenues, Expenditures and Changes in Fund Balances -
Budget and Actual (Budgetary Basis)
General and Special Revenue Fund Types
For the Fiscal Year Ended June 30, 2000
Excess (deficiency) of revenues over
expenditures 4,169,262 15 821,597 11,652,335 (8,437,616) (3 520 277) 4,917,339
Other financing sources (uses)
General Fund
Special Revenue Funds
Variance -
9,290,622
9.196,444
Variance -
6,636,600
5,493
977
Favorable
Operating transfers out
(26,197,504)
Fav orable
1,975.331
Budget
4ctoaI
iUnfavorable)
Budget
Acmal
Unfallorable)
Revenues
1,881,153
3 992,623
2,850,000
(1,142,623)
Excess (deficiency) of revenues and
Taxes and assessments
582,248,000
$83,270.129
S1,022,529
510,008,109
S10.052,977
$44,868
Licenses and pemuts
3,592,321
3.813,132
220.811
3.020,187
3,448,057
421,870
Intergovernmental
34,322,070
33.435,793
(886,277)
518,000
517,846
(154)
Charges for current services
2,001,486
2426.864
425,378
7,974,349
8,78',986
813 637
Fines and forfeitures
797,300
401,781
(395,519)
--
21,560,805
--
Rents
170,800
120,744
(50,056)
Fund balances at end of year
$8,823 185
S22,435,009
Interest and penalties
4 500,000
4,835,685
335,685
--
--
--
Miscellaneous
3408,783
2607,739
(801,044)
201,139
361,706
160.567
Total revenues
131,040 760
130 912 267
(128,493)
21,721,784
23,168,572
1,446,788
Expenditures
Current
General government
23,244,048
20,945, 790
2,298 258
150,000
150,000
--
Public safety
58 846,007
55,644,428
3,201,579
2,848,273
2.675,749
172,524
Highways and streets
1 584,979
1,584,978
1
7,006,739
6,703,379
303.360
Sanitation
--
-
--
14,477,949
14,092.243
385 '06
Health, education and welfare
5,420,325
5,161,707
258.618
6,000
202
3 398
Culture and recreation
11,866,997
11,306,549
560,448
887 237
868,147
19,090
Pension and retirement contributions
6,291,515
5 211,162
1,079,953
1,694,544
700,342
994.202
Health fund
8,587,.799
8.556.550
31,349
1,000,848
897848
103.000
vtiscellaneous7,536,899
3,186 1' 7
4,350,522
2,087,810
598 539
1,489 271
Capital outlay
3,492,929
1492,929
--
--
.-
--
Total expenditures
126,871,498
115 090,670
11,780 828
30 159,400
26,688 849
3.470 551
Excess (deficiency) of revenues over
expenditures 4,169,262 15 821,597 11,652,335 (8,437,616) (3 520 277) 4,917,339
Other financing sources (uses)
Operatmg transfers in
9,290,622
9.196,444
(94,178)
6,636,600
5,493
977
(1,142.623)
Operating transfers out
(26,197,504)
(24,222,173)
1,975.331
(2.643,977)
(2,643
977)
Total other financing sources (uses)
(16,906,882)
( 15025,729)
1,881,153
3 992,623
2,850,000
(1,142,623)
Excess (deficiency) of revenues and
other sources over expenditures and
other uses
(12,737,620)
795,868
13,533,488
(4,444,993)
(670
277)
3,774,716
Unbudgeted self-insurance activities
--
78,336
78,336
--
--
--
Fund balances at beginning of year
21.560,805
21,560,805
--
11,642.491
11,642
491
Fund balances at end of year
$8,823 185
S22,435,009
$13,611,824
$7 197,498
$10,972,214
$3,774,716
See accompanying notes to combined financial statements
ME
Totals
(Memorandum Only)
Variance -
Favorable
Budget Actual (Unfavorable)
$92,256,109 $93,323,506 5 1,067,397
6,612,508
7,261,189
648,681
34,840,070
33,953,639
(886,431)
9,975,835
11,214,850
1,239,015
797,300
401,781
(395,519)
170,800
120,744
(50,056)
4,500,000
4,835,685
335,685
3,609,922
2,969,445
(640.477)
152,762,544
154,080,839
1,318,295
23,394,048
21,095,790
2,298,258
61,694,280
58,320,177
3,374,103
8,591,718
8,288,357
303,361
14,477,949
14,092,243
385,706
5,426,325
5,164,309
262,016
12,754,234
12,174,696
579,538
7,986,059
5,911,904
2,074,155
9,588,647
9,454,198
134,449
9,624,709
3,784,916
5,839,793
3,492,929
3,492,929
--
157,030,898
141, 779,519
15,251,379
(4,268,354) 12,301,320 16,569,674
15,927,222 14,690,421 (1136,801)
(28,841,481) (26,866,150) 1,975,331
(12,914,259) (12,175,729) 738,530
(17,182,613) 125,591 17,308,204
-- 78,336 78,336
33,203,296 33,203,296 —
$16,020,683 $33,407,223 $17,386,540
-29-
COUNTY OF HAWAII
Combined Statement of Revenues, Expenses and
Changes in Retained Earnings
Proprietary Fund Type and Discretely Presented Component Unit
For the Fiscal Year Ended June 30, 2000
(With comparative totals for the fiscal year ended June 30 1999)
Operating revenues
Water sales
Rental receipts from tenants
Rental subsidy from federal government - FIL-D
Miscellaneous
Total operating revenues
Operating expenses
Power and pumping
Utilities
General and atimmistration
Maintenance and repairs
Customers' accounting and collecting
Punfication
Transmission and distribution
Source of supply
Lease expense
Depreciation
Total operating expenses
Operating income (loss)
Nonoperating revenues (expenses)
Interest income
Other revenue
Interest on long-term debt
Other expenses
Loss on disposal of fixed assets
Total nonoperating revenues (expenses)
Net income (loss)
Add depreciation on contributed utility plant
Increase in retained earnings
Proprietary Component
Fund Type Unit Totals
Department Reporting Entity
of Water (Memorandum Only)
Enterprise Suooly 2000 1999
$ --
$20,964,517 $20,964,517
$20,476,091
282,801
282,801
288,565
148,434
148,434
134,012
6,146
6,146
7,226
437,381
20,964,517 21,401,898
20,905,894
33,294 1,094,554
7,670,142
7,670,142
6,517,366
58,163
279,519
58,163
48,831
143,946
2,565 245
2,709,191
2,904,218
71,582
2,886,617
2,958,199
2,825,345
98,748
899,727
899,727
957,104
1,220,350
1,220,350
1,069,934
991,530
991,530
836,211
64,822
64,822
79,629
76,226
76,226
76,226
34,470
7611,436
7,645,906
7,225,840
384,387
23,909,869
24,294,256
32,540,704
52,994
(2,945,352)
(2,892,358)
[1,634,810)
33,294 1,094,554
1,127,848
1,008,061
470,149
470,149
279,519
(82,639) (648,486)
(731,125)
(776,659)
(1"5,880)
(175,880)
(83,927)
(592,244)
(592,244)
(49,676)
(49,345) 148,093
98,748
377 318
3,649 (2,797,259) (2,793,610) i 1,257,492)
5,314,304 5,314,304 5,082,408
3,649 2,517,045 2,520,694 3,824,916
Retained earnings at beginning of year 374,513 48,513,979 48,888,492 45,063,576
Retained earnings at end of year $378,162 $51,031,024 $51,409,186 $48,888,492
See accompanying notes to combined financial statements
30-
COUNTY OF HAWAII
Combined Statement of Cash Flows
Proprietary Fund Type and Discretely Presented Component Unit
For the Fiscal Year Ended June 30, 2000
(With comparative totals for the fiscat year ended June 30, 1999)
Cash flows from operating activities
Cash received from customers
Cash received from tenants
Cash received from federal government - IfL'D
Cash payments to suppliers for goods and services
Cash payments to employees for services
Net cash provided by operating activities
Cash flows from capital and related financing activities
Principal paid on long-term debt
Proceeds from bond issue
Interest paid on long-term debt
Proceeds from sale of fixed assets
Acquisition and construction of capital assets
Capital contributions
Net cash used in capital and related financing
activities
Cash flows from investing activities
Purchase of investments
Proceeds from sale and maturities of investments
Interest on investments
Net cash provided by investing activities
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year
Proprietary Component
Fund Type Unit
Department
of Water
Enterprise Suoaly.
Totals -
Reporting Entity
(Memorandum Onlv)
2000 1999
S -- 520,533,051 520,533.051 $21,017,817
289.806 289,806 290,351
148,434 148,434 134,012
(341,578) (10,636,325) (10,977,903) (10,844,581)
(5,533,0301 (5,533,030) (4,689,201)
96.662 4363,696 4,460,358 5 908,398
(11 272) (904,900) (916,1721 (901,926)
253,250 253,250 404,000
(82,639) (670,369) (753,008) (760,718)
8,956
(8,065) (5,433,263) (5,441,328) (8,484,942)
2,257,106 2,257,106 1,294,803
(101,976) (4,498,176) (4,600,152) (8,439 827)
(1,500,000) (78,375,076) (79,875,076) (72,880.603)
1,500000 77,418,008 78,918,008 74,542,713
33,253 1,033,391 1,066,644 1,035,675
33,253 76.323 109,576 2,697,785
27.939 (58,157) (30,218) 166356
-31-
472,476 364 005 836,481 670,125
5500,415 S 305,848 S 806,263 $ 836 481
(Continuedl
COUNTY OF HAWAII
Combined Statement of Cash Flows
Proprietary Fund Type and Discretely Presented Component Unit
For the Fiscal Year Ended June 30, 2000
(With comparative totals for the fiscal year ended June 30, 1999)
Reconciliation of operating income (loss) to net cash
provided by operating activities
Operating income (loss)
Adjustments to reconcile operating income (loss) to net
cash provided by operating activities
Depreciation
Provision for uncollectible accounts
(Increase) decrease in trade accounts receivable
(Increase) decrease in other receivables
Increase in inventory
(Increase) decrease in prepaid expenses
Increase in loans receivable
Increase (decrease) in warrants payable
Increase (decrease) in accounts payable
Increase (decrease) in accrued liabilities
Increase in deferred revenue
Increase (decrease) in customer deposits payable
Total adjustments
Net cash provided by operating activities
Noncash capital activities
Proprietary Component
Fund Type Unit
Department
of Water
I.ntemnse Surnk
(Concluded)
Totals -
Reportutg Entity
(Memorandum Only)
2000 1999
$ 52,994 ($2,945,352) (52,892,358) ($1,634,810)
34,470
7,611,436
7,645,906
7,225,840
--
44,712
44,712
214,963
(941)
8,868
7,927
(507,533)
(18)
50,641
50,623
243,048
--
(64,798)
(64,798)
(90,131)
(62)
(3,870)
(3,932)
11 825
--
(244,175)
(244,175)
(393,675)
1,076
691,056
692,132
(33,262)
7,325
(480,688)
(473,363)
527,407
--
(304,134)
(304,134)
346,005
1,378
1,378
26
440
440
(1,305)
43,668
7,309,048
7,352,716
7,543,208
$96,662
$4,363,696
$4,460,358
$5,908398
During the fiscal years ended June 30, 2000 and 1999, the Department of Water Supply received infrastructure
valued at $3,240,007 and $1,563,747, respectively, as contributions in aid of construction
See accompanying notes to combined financial statements
-32-
COUNTY OF HAWAII
Notes to the Combined Financial Statements
June 30, 2000
The accounting policies of the County of Hawai i (County) conform to generally accepted
accounting principles (GAAP) as applicable to local governmental units The following
notes to the combined financial statements are an integral part of the County's
Comprehensive Annual Financial Report
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
The Financial Reporting Entity
The County has implemented Governmental Accounting Standards Board Statement No 14,
"The Financial Reporting Entity" (GASB Statement No 14) No organizations, activities or
functions that meet the criteria in GASB Statement No 14 for inclusion in the reporting
entity are excluded from the County's general purpose financial statements
Primary Government The County operates under the Mayor -Council form of government
under a charter that became effective on January 2, 1969, and was amended in 1979, 1982,
and 1990 The County's operations are organized by the following functions general
government, public safety, highways and streets, sanitation, health, education and welfare,
culture and recreation, pension and retirement contributions, health fund, miscellaneous,
capital outlay, and debt service The State of Hawaii assumes full responsibility for several
major functions usually performed by local governments, including education, welfare,
health and judicial functions There are no separate city, county or township governments
nor any school districts, special districts, authorities or public corporations with overlapping
authority
GASB Statement No 14 defines component units as legally separate organizations for which
the elected officials of the primary government are financially accountable "Financial
accountability" is the level of accountability that exists if a primary government appoints a
voting majority of an organization's governing board and is either able to impose its will on
that organization or there is a potential for the organization to provide specific financial
benefits to, or impose specific financial burdens on, the primary government A primary
government has the ability to impose its will on an organization if it can significantly
influence the programs, projects, activities or level of services performed or provided by the
organization An organization has a financial benefit or burden relationship with the
primary government if any one of three conditions exist (1) The primary government is
legally entitled to or can otherwise access the organization's resources, (2) The primary
government is legally obligated or has otherwise assumed the obligation to finance the
deficits of, or provide financial support to, the organization, or (3) The primary government
is obligated in some manner for the debt of the organization
-33-
COUNTY OF HAWA-VI
Notes to the Combined Financial Statements
June 30, 2000
As required by generally accepted accounting principles as set forth in GASB Statement
No 14, these general purpose financial statements present the County of Hawaii (the
primary government) and its component unit, the Department of Water Supply This
component unit is included in the County's reporting entity because of its financial
relationship with the County
Discretely Presented Component Unit The component unit column in the combined
financial statements includes the financial data of the Department of Water Supply
(Department), a semiautonomous agency of the County that is accounted for as an enterprise
fund It is reported in a separate column to emphasize that it is legally separate from the
County The members of the Water Commission, the governing body of the Department,
are appointed by the Mayor of the County and confirmed by the County Council The
Department is granted corporate powers by state statute and the County Charter Although
the County does not have the authority to approve or modify the Department's operational
and capital budgets, the County has issued bonds on the Department's behalf that are general
obligations of the County Because the County is obligated to repay these bonds in the event
of default by the Department, the County is financially accountable for the debts of the
Department See Note 16 for required component unit disclosures for the Department
Complete financial statements of the Department can be obtained from the Department of
Water Supply, 25 Aupuni Street, Hilo, Hawai'i 96720
Fund Accounting
The accounts of the County are organized on the basis of funds and account groups, each of
which is considered to be a separate accounting entity The operations of each fund are
accounted for with a separate set of self -balancing accounts that comprise its assets,
liabilities, equity, revenues and expenditures (or expenses) Fund accounting is designed to
demonstrate legal compliance and to aid financial management by segregating transactions
related to certain functions or activities Governmental resources are allocated to and
accounted for in individual funds based upon the purposes for which the resources are to be
spent and the means by which spending activities are controlled The various funds are
grouped by type in the financial statements
The County has the following fund types and account groups
Governmental Fund Types - Governmental funds are those through which most
governmental functions of the County are financed The acquisition, use and balances of the
County's expendable financial resources and the related liabilities (except those accounted
for in proprietary funds) are accounted for through governmental funds The measurement
focus follows the flow of current financial resources concept The following are the
County's governmental fund types
-34-
COUNTY OF HAWAII
Notes to the Combined Financial Statements
June 30, 2000
General Fund - The general fund is the general operating fund of the County it is
used to account for all financial resources except those required to be accounted for in
other funds
Special Revenue Funds - Special revenue funds are used to account for the proceeds of
specific revenue sources (other than expendable trusts or major capital projects) that are
legally restricted to expenditures for specified purposes
Debt Service Funds - Debt service funds are used to account for the accumulation of
resources for, and the payment of, general long-term debt principal, interest and related
costs
Capital Projects Funds - Capital projects funds are used to account for financial
resources to be used for the acquisition or construction of major general government
capital facilities and infrastructure (other than those financed by proprietary funds and
trust funds) when separate project centers are needed to control costs Capital outlay
for relatively minor general government assets or for projects that do not need separate
project centers to control costs are financed directly from operating funds (general,
special revenue and some expendable trust funds)
Proprietary Fund Type — The County's proprietary funds and discretely presented
component unit are used to account for activities which are similar to those often found in
the private sector The measurement focus follows the flow of economic resources concept
The propnetary funds of the County and its discretely presented component unit have
elected to apply all applicable Governmental Accounting Standards Board (GASB)
pronouncements, as well as Financial Accounting Standards Board (FASB) pronouncements
and Accounting Principles Board opinions issued on or before November 30, 1989, unless
those pronouncements or opinions conflict with or contradict GASB pronouncement~ The
proprietary funds of the County and its discretely presented component unit will not apply
FASB Statements and Interpretations issued atter November 30, 1989 The following is the
County's proprietary fund type
Enterprise Fund - Enterpnse funds are used to account for operations (a) that ai e
financed and operated in a manner similar to private business enterprises - where the
intent of the governing body is that the costs (expenses, including depreciation) of
providing goods or services to the general public on a continuing basis be financed or
recovered pnmarily through user charges, or (b) where the governing body has decided
that periodic determination of revenues earned, expenses incurred and/or net income is
appropnate for capital maintenance, public policy, management control, accountability
or other purposes
- 35 -
COUNTY OF HAWAI'1
Notes to the Combined Financial Statements
June 30, 2000
Fiduciary Fund Types - Fiduciary tunds are used to account for assets held by the County
in a trustee capacity or as an agent for individuals, private organizations, other governmental
units and/or other funds The following are the County's fiduciary fund types
Trust Funds — Trust funds are used to account for assets held by the County in a trustee
capacity for individuals, private organizations, other governments and/or trust funds
This includes expendable trust funds which are accounted for in essentially the same
manner as governmental funds
Agency Funds — Agency funds are custodial in nature and are used to receive and
disburse funds for an entity/individual which is not part of the County Agency funds
function as a clearing account and do not measure results of operations
Account Groups - Account groups are used to establish accounting control and
accountability for the County's general long-term debt and general fixed assets Account
groups are not funds and accordingly, do not reflect available financial resources and related
liabilities The following are the County's account groups
General Long -Term Debt Account Group - This account group is established to
account for all long-term liabilities that will be financed from governmental funds
Long-term liabilities of the enterprise funds are accounted for in those funds
General Fixed Assets Account Group -This account group is established to account
for all fixed assets of the County, other than those accounted for in the enterprise funds
Basis of Accounting
Basis of accounting refers to the period in which revenues and expenditures (or expenses)
are recognized in the accounts and reported in the combined financial statements Basis of
accounting relates to the timing of the measurements made. regardless of the measurement
focus applied
Modified Accrual Basis -The modified accrual basis of accounting is followed by the
County's governmental and fiduciary fund types Under the modified accrual basis of
accounting, revenues are recorded when susceptible to accrual (that is, both measurable and
available) "Measurable" means the amounts are determinable "Available" means the
amounts are collectible within the current period or soon enough thereafter to be used to pay
liabilities of the current period
Licenses and permits, charges for current services, fines and forfeitures, penalties and
miscellaneous revenues are recorded as revenues when received in cash because they are
-36-
COUNTY OF HAW.AFI
Notes to the Combined Financial Statements
June 30. 2000
generally not measurable until actually received Real property taxes levied for the current
year and State Revolving Fund loan proceeds are considered available when collected
In applying the susceptible to accrual concept to intergovernmental revenues, the legal and
contractual requirements of the numerous inditidual programs are used as guidance There
are essentially two types of these revenues In one, montes must be expended on the
specific purpose or project before any amounts will be paid to the County, therefore,
revenues are recognized based upon the expenditures recorded Most construction grants
and many operating grants fall into this category In the other, moneys are virtually
unrestricted as to purpose of expenditure and ai a usually revocable only for failure to
comply with prescribed compliance requirements These resources are reflected as revenues
at the time of receipt or earlier if the susceptible to accrual criteria are met
The County reports deferred revenue on its combined balance sheet (see Note 6) Deferred
revenues arise when potential revenue does not meet both the "measurable" and "available"
criteria for recognition in the current period In subsequent periods, when both revenue
recognition criteria are met, the liability for deterred revenue is removed from the combined
balance sheet and revenue is recognized
Expenditures are recognized under the modified accrual basis of accounting in the
accounting period in which the fund liability is incurred Exceptions to this general rule
include (a) accumulated compensated absences and claims and Judgments which are
included in the general long-term debt account group and are recognized as expenditures
when paid, (b) liabilities related to municipal solid waste landfill closure and postclosure
care costs, and (c) principal and interest on general long-term debt which are recognized as
expenditures when due
Accrual Basis - The proprietary fund type and the County's discretely presented component
unit utilize the accrual basis of accounting Revenues are recognized when earned and
expenses are recognized when the related obligation is incurred
Encumbrances
The general, special revenue, capital projects and expendable trust funds follow
encumbrance accounting under which purchase orders, contracts and other commitments are
recorded as a reserve of fund balance and provide authority for the carryover of
appropriations to the subsequent year in order to complete these transactions
Encumbrances outstanding at year end are reported as reservations of fund balances (see
Note 12) and do not constitute expenditures or liabilities because the commitments will be
honored during the subsequent year
37-
COUNTY OF HAWAI'I
Notes to the Combined Financial Statements
June 30, 2000
Unexpended Allotments
Allotment accounting is employed in the general and capital projects funds to reserve
appropriations to complete capital projects that were funded during a given fiscal period
Unexpended allotments represent reserves of capital projects appropriations that are
available to complete such projects in future fiscal periods
Cash and Investments
Cash and cash equivalents include cash on hand, amounts in demand deposits and short-term
investments with a maturity date of three months or less from the date acquired by the
County
Investments consist of time certificates of deposit at financial institutions and bank
repurchase agreements with original maturities exceeding three months Included are
participating interest-eamtng investment contracts (repurchase agreements) that have
remaining matunties at the time of purchase of one year or less, as well as nonparticipating
interest-earning investment contracts (time certificates of deposit and repurchase
agreements) Both categories of investments are stated at amortized cost (see Note 3)
Real Property Taxes
The County's real property taxes are levied July 1 each year on assessed valuation as of
January 1 The taxes become a lien on the property assessed as of the levy date Taxes are
due and payable in two equal annual installments on August 20 and February 20
Accordingly, real property taxes receivable as of June 30 are delinquent and are reported as
deferred revenue (see Note 6) Each delinquent installment bears interest at 1% per month
and penalties of up to 10% of the amount due Assessments are based on 100% of estimated
fair market values
Real property tax revenue is recorded when it becomes available Available means collected
within the current period unless the amounts expected to be collected soon thereafter (within
60 days) are matenal or are to be used to pay liabilities of the current period No such
amounts are included in real property tax revenues for the fiscal year ended June 30, 2000
Inventories
Inventones consist of materials and supplies and are reported as expenditures at the time of
purchase (purchase method) Police and fire department inventones are stated using the first
in, first out (FIFO) method Other inventories are stated at average cost
COUNTY OF HAWAI'I
Notes to the Combined Financial Statements
June 30, 2000
Compensated Absences
Employees earn vacation credit at the rate of one and three-quarter working days for each
month of service Up to ninety days of vacation leave credits can be accumulated per
employee In addition, employees who work overtime can elect to take compensatory time
off instead of overtime pay The time off is earned at the rate of one and a half hours for
each hour of overtime worked There is no statutory limit to the amount of compensatory
time off an employee can accumulate Both compensatory time off and vacation credits are
converted to pay upon termination of employment
The amounts expected to be liquidated with expendable available resources are accrued in
the appropriate funds and the amounts payable from future resources are recorded in the
general long-term debt account group along with the estimated liability for FICA taxes and
employers' retirement contributions on those amounts All accumulated unpaid vacation
and compensatory time off at June 30, 2000 are expected to be liquidated with future
expendable resources
Sick leave accumulates without limit Sick leave can be taken only in the event of illness
and is not convertible to pay upon termination of employment Accumulated sick leave at
June 30, 2000 totaled $44,557,982 for the primary government
Leases
Leases transferring substantially all of the risks and benefits of ownership are recorded as
capital leases, other leases are operating leases (see Note 7) Capital leases are recorded as
fixed asset additions at their estimated fair market value at the inception of the lease and the
related present value of the future minimum lease obligations is recorded as long-term debt
Operating lease expenditures and expenses are recognized when the lease obligation is paid
Retirement Plan Contributions
The County's contribution to the Employees' Retirement System of the State of Hawai'i is
based upon an actuarial computation and includes the normal cost plus the level annual
payment required to amortize the unfunded actuarial accrued liability over a remaining
penod of seventeen years from July 1, 1999 In addition, for the 1997 and 1998 actuarial
valuations, contributions for fiscal years 2000 and 2001 were reduced by excess investment
earnings in accordance with action by the state legislature The County's policy is to fund its
actuarially determined required contribution annually
KIM
COUNTY OF HAW Ai'i
Notes to the Combined Financial Statements
June 30, 2000
Use of Estimates
The preparation of the combined financial statements in conformity with GAAP requires
management to make estimates and assumptions that affect the reported amounts of assets
and other debits and liabilities and other credits, as well as disclosure of contingent assets
and liabilities at the date of the combined financial statements, and the reported amounts of
revenues, expenditures, and other financing sources and uses during the reporting period
Actual results could differ from those estimates
Total Columns
Included on the combined financial statements are total columns, marked "memorandum
only," that are presented only for informational purposes Adjustments to eliminate
interfund transactions have not been recorded in arriving at such amounts and the totals are
not intended to fairly present the financial positron or results of operations of the County
taken as a whole
Additionally, the 1999 totals presented in the total columns are intended to provide a
summarized comparison with comparable 2000 amounts and are not intended to present all
information necessary for a fair presentation of financial positron and results of operations in
accordance with generally accepted accounting principles Certain 1999 amounts have been
reclassified to conform to classifications adopted in 2000
2, STEWARDSHIP, COMPLIANCE AND ACCOUNTABILITY
Annual Budget
The County follows these procedures in establishing its operating and capital budgets
On or before March 1, the Mayor submits to the County Council proposed operating
and capital projects budgets for the fiscal year commencing the following July I The
operating budget includes proposed expenditures for the general fund, special revenue
funds, and one expendable trust fund (the Hawai' i County Housing Agency), and the
means of financing them A project -length budget is submitted to the County Council
for the capital projects fund
The Mayor submits to the County Council amendments to the proposed operating and
capital budgets within ten working days after the close of the state legislature, but not
later than May 5
-41-
COUNTY OF HAWAI I
Notes to the Combined Financial Statements
June 30, 2000
The County Council conducts public hearings on the proposed operating and capital
budgets after March i but prior to the first reading on the budget bills, which must be
after May 5
On or before June 30, the County Council adopts the budgets The legal level of
budgetary control is the department level because the Mayor can transfer funds from
any unencumbered appropriation to another within a department or agency without
Council approval During the year, the budget may be amended by action of the
Council, except for appropriations required by law and appropriations for debt service,
which may not be decreased or deleted Supplemental appropriations were made
during the 1999-2000 fiscal year to recognize revenue from sources not anticipated at
the time of the original budget and to establish the authorization for such funds to be
expended Such supplemental appropriations totaled $8 5 million in the general fund
and $3 0 million in the special revenue funds
.Appropriations for the operating budget lapse at the end of the fiscal year to the extent
that they have not been expended or encumbered Appropriations for capital
expenditures that are not encumbered lapse at the end of two fiscal years following the
fiscal year that the appropriation was made
Formal budgetary integration is employed as a management control device during the
year for the general fund, special revenue funds, capital projects fund. and one
expendable trust fund (the Hawaii County Housing Agency) Formal budgetary
integration is not employed for debt service funds because effective budgetary control
is alternatively achieved through general obligation bond indenture provisions
The accompanying Combined Statement of Revenues, Expenditures and Changes in
Fund Balances — Budget and Actual (Budgetary Basis) — General and Special Revenue
Fund Types presents comparisons of the legally adopted budget with actual data on a
budgetary basis Accounting principles applied for purposes of developing data on a
budgetary basis differ significantly from those used to present financial statements in
conformity with GAAP On the budgetary basis, intergovernmental revenues are
recognized when awarded by the granting agency, encumbrances and unexpended
allotments are treated as expenditures, accounts payable are not accrued, and all leases
are treated as operating leases In prepanng the combined financial statements on a
GAAP basis, accounts payable are accrued and treated as a reduction of encumbrances
for balance sheet presentation
Budget to GAAP Reconciliation
The following is a summary of the adjustments necessary to convert fund balances from a
GAAP basis to a budgetary basis at June 30, 2000
-42-
COUNTY OF HAWAII
Notes to the Combined Financial Statements
June 30, 2000
Ending fund balance — GAAP basis
Encumbrance adjustments
Beginning encumbrances and unexpended
allotments
Ending encumbrances and unexpended allotments
Beginning accrued employee costs payable
Ending accounts payable in excess of the reserve
for encumbrances
Increase in reserve for inventory of materials and
supplies
increase in imprest and change funds
Ending fund balance — Non -GAAP
budgetary basis
Deficit Fund Balance
General
Special Revenue
Fund
Funds
$24554,099
$12,269,184
5,942,392 3,490,071
(5,574,668) (3,460,740)
(2,465,326) (1,349,571)
23,470
(21,488) --
(200)
$22,435,009 $10,972,214
At June 30, 2000, the Geothermal Relocation Revolving Fund, a special revenue fund, had
an unreserved -undesignated fund deficit of $28,967 It is anticipated that future geothermal
royalty payments will eliminate this deficit
3. CASH AND INVESTMENTS
Bank time certificates of deposit (TCDs) and repurchase agreements (repos) with original
maturities of three months or less are considered cash and cash equivalents for purposes of
balance sheet classification and the statement of cash flows, while TCDs and repos with
original matunties exceeding three months are considered investments However, for
purposes of the disclosures required by GASB Statement No 3, all bank TCDs are
considered deposits and all repos are considered investments
Cash and cash equivalents of $36,639,513 and investments of $78,898,228 are included in
the accompanying combined balance sheet at June 30, 2000 The following table
summanzes cash and cash equivalents and investments according to balance sheet captions,
and indicates how these amounts are distributed between deposits and investments for
GASB Statement No 3 disclosure purposes
-43-
COUNTY OF HAWAII
Notes to the Combined Financial Statements
June 30, 2000
The County maintains a cash and investment pool that is used by the general fund, all special
revenue funds, one capital projects fund, the payroll clearance fund, and three other agency
funds The following summarizes this pool at June 30, 2000
General fund — actual
$22,135,017
GASB Statement No 3
Balance sheeet caption
Total
Deposits
Investments
Cash and cash equivalents
533,907,134
$12 257.135
S21,649999
Restricted assets
Total pooled cash and investments
$87,753,768
Cash and cash equivalents
2,704,034
2,704.034
--
Impress and change funds
28 345
Total cash and cash equivalents
36,639 S13
Investments
7.4,183,093
14616,417
63,566,676
Restricted assets
Investments
715135
715135
Total investments
78,898 228
Total cash, cash equivalents and investments
I IS 537 741
Less impress and change funds
_(28.345)
Classifications per GASB Statement No 3
SI 15,509,396
$30,292.721
S85,216,675
The County maintains a cash and investment pool that is used by the general fund, all special
revenue funds, one capital projects fund, the payroll clearance fund, and three other agency
funds The following summarizes this pool at June 30, 2000
General fund — actual
$22,135,017
Payroll clearance fund — overdraft
(1,420,764)
General fund — as reported
20,714,253
Special revenue funds
14,871,058
Capital projects funds
51,568,358
Trust and agency funds
600,099
Total pooled cash and investments
$87,753,768
The cash overdraft in the payroll clearance fund is reported as a liability due to the general
fund, and as a receivable from the payroll clearance fund by the general fund (See Note 4 )
Interest earned is credited to the general fund unless otherwise designated by statute
Deposits
At June 30, 2000, the carrying amount of the County's deposits was 530,292,721 (including
$3,419,169 reported in restncted assets) and the bank balance was $31,193,566 Of the
bank balance, $800,000 was covered by federal depository insurance, $19,205,290 was
covered by collateral held by the County's agent in the County's name and $10,968,511 was
secured by irrevocable letters of credit issued by the Federal Home Loan Bank of Seattle, in
accordance with State statutes, and $207.702 held by bond paying agents and $12,063 held
by a management agent were uncollateralized
-44-
COLTITY OF HAWAII
Notes to the Combined Financial Statements
June 30, 2000
investments
The Hawaii Revised Statutes authorize the County to invest in obligations of the U S
Treasury, agencies and instrumentalities, time certificates of deposit, bank repurchase
agreements and bonds of any improvement distract of any county of the State, provided the
investments are due to mature not more than three years from the date of investment
Investments are classified into three categories of credit risk (1) insured or registered, or
secunties held by the County or its agent in the County's name, or (2) uninsured and
unregistered, with securities held by the counterparty's trust department or agent in the
County's name, or (3) uninsured and unregistered, with securities held by the counterparty in
the County's name, or by the counterparty's trust department or agent but not in the County's
name
At June 30, 2000, investments reported as $85,216,675 (which approximates fair value) held
for the County at banks were classified as category i These investments are comprised of
bank repurchase agreements A repurchase agreement is an agreement in which a
governmental entity transfers cash to a broker-dealer or financial institution, the broker-
dealer or the financial institution transfers securities to the entity and promises to repay the
cash plus interest in exchange for the same secunties
Restricted Cash
Cash and cash equivalents and investments classified as restricted assets amounted to
$3,419,169 at June 30, 2000 consist of the following
The County deposited its share of the cost of the Alenaio Stream Flood Control Project
into an escrow account which amounted to $1,587 at lune 30, 2000 The Army Corps of
Engineers is authorized to draw on these funds as needed during the course of the
construction project
During the year, the County entered into a capital lease to purchase a new real property
tax computer system Upon execution of the lease documents, the leasing company
deposited into an escrow account in the County's name the full lease proceeds As
progress billings are received for the new system, the County will authorize withdrawals
from this escrow account to pay the bills The balance in this account at June 30, 2000 is
$1,804,363
Tenant secunty deposits received by the County for the Kulaimano Elderly Housing
Project and the Ouli Ekahi Affordable Housing Project are recorded as a restricted asset
Such funds amounted to $9,250 and $17,533, respectively, at June 30, 2000
-45-
COUNTY OF HAWAI'I
Notes to the Combined Financial Statements
June 30, 2000
Restricted amounts set aside by the Kulaimano Elderly Housing Project under its loan
agreement with the Farmers Home Administration totaled $172,541 at June 30, 2000
This amount is restricted for debt service, or for other purposes with prior approval from
the Farmers Home Administration An operating reserve fund was established by the
Ouli Ekahi Affordable Housing Project pursuant to an agreement with the developer of
the project This restricted reserve amounted to $13,895 at June 30, 2000
The Improvement District No 17 Fund has restricted $1,400,000 as a bond reserve at
June 30, 2000 to comply with the requirements of its Kaloko Subdivision bond issuance
4. INTERFUND RECEIVABLES AND PAYABLES
Interfund receivables and payables consist of the following at June 30, 2000
iM
Due from
Due to
Other Funds
Other Funds
General fund
52,039,152
$3,162,429
Special revenue funds
Highway fund
42,435
554,501
Sewer fund
282
139,121
Vehicle disposal fund
--
3,071
Solid waste fund
8,645
209,292
Golf course fund
375
44,611
Total special revenue funds
51,737
950,596
Capital projects funds
Capital projects fund
126,404
122,994
Trust and agency funds
Hawat'i county housing agency
--
89,212
Performance and refundable
deposits fund
860
Payroll clearance fund
3,529,977
1,421,154
Lapsed warrants fund
7,175
7,200
Total trust and agency funds
3,537,152
1,518 426
Total
$5,754,445
55,754,445
iM
COUNTY OF HAWAII
Notes to the Combined Financial Statements
June 30, 2000
5. FIXED ASSETS
A summary of changes in the general fixed aswts account group follows
Balance
Balance
July 1,
June 30,
1999 Additions
Retirements 2000
Land $ 16,183,543 S 364,155
$ 12,800 $ 16,534,898
Buildings and
structures 209,712,329 15,345,249
107,321 224,950,257
Machinery and
equipment 49,917,622 9,303,800 5,522,889 53,698,533
Construction in
progress 29,019,446 6,391,693 14,209,593 21,201,546
Total $304,832,940 $31,404,897 $19,852,603 $316,385,234
The above summary includes fixed assets of the Hawaii County Housing Agency, an
expendable trust fund, in the amount of $4,975,520
The following summarizes the enterpnse funds' fixed assets at June 30, 2000
Land $ 753,877
Buildings 1,136,008
Ground and site improvements 261,000
Furnishings and equipment 87,332
Less accumulated depreciation73( 3.154)
Net fixed assets $1,505,063
6. DEFERRED REVENUE
Deferred revenue at June 30, 2000 consists of the following
-47-
COUNTY OF HAWAII
Notes to the Combined Financial Statements
June 30, 2000
Special Capital
General Revenue Projects Enterprise
Fund Funds Funds Funds Total
Real property taxes $10,547,484 $ S $ -- 510,547,484
Liquor control revenue 156,210 156,210
Sewer revenue 850,580 850,580
Solid waste revenue 903,191 903,191
Intergovemmental 968,202 534,504 1,502,706
Unearned rental income 1,781 1.781
Total $11,671,896 $1,753,771 5534,504 $1,781 $13,961,952
7. LEASES
The County leases machinery and equipment under noncancellable leases expinng at various
dates through November 2009 which meet the criteria for capitalization These capital
leases are financed from general fund and special revenue fund resources
The estimated value of the leased machinery and equipment at the inception of the capital
leases, amounting to $3,146,205, and the related present value of the remaining obligations
under the capital leases amounting to $2.872,678 at June 30, 2000 are included in the
general fixed assets and general long-term debt account groups, respectively
The County also leases land, office facilities and other equipment under noncancellable
operating leases expinng through July 2020 Expenditures for such operating leases were
$425,721 for the fiscal year ended June 30, 2000
The future minimum obligations under capital and operating leases at June 30, 2000 are
as follows
-48-
COUNTY OF HAWAII
Notes to the Combined Financial Statements
June 30, 2000
8.
Year Ending June 30
2001
2002
2003
2004
2005
Thereafter
Total minimum lease payments
Less amount representing
interest
Obligations under capital leases
Capital
Leases
$ 647,771
647,034
645,309
638,289
482,878
305,887
3,367 168
49( 4.490)
$2,872,678
Operating
Leases
$402,589
312.768
11,235
361
361
5,408
$732,722
SOLID WASTE LANDFILL CLOSURE AND POSTCLOSURE CARE COSTS
Hilo Landfill The County owns and operates a landfill located in the city of Hilo State and
federal laws require the County to place covers on certain landfill sites and to monitor and
maintain the sites for thirty years after the facility is closed Although the closure and
postclosure care costs will be paid near and atter the date that the landfill stops accepting
waste, the County recognizes a portion of the closure and postclosure care costs in each
operating period The liability for these costs is included in the general long-term debt
account group The amount recognized each vear is based on the landfill capacity used as of
the balance sheet date At June 30, 2000, the County recognized a liability of $13,210,000,
based on the use of 95% of the estimated capacity of the landfill During the fiscal year
ended June 30, 2000, $51,077 was spent on closure of the landfill The remaining $663,366
in estimated cost of closure and postclosure care will be recognized as the remaining
estimated capacity is used These amounts are based on what it would cost to perform the
required closure and postclosure care in 2000 Actual costs at that time may be higher due to
inflation, changes in technology, or changes in regulations
The County's permit to operate the landfill expired October 9, 1998 The County has filed
for an extension which is pending approval by the state In accordance with state statute, the
County is allowed to continue operations proN, ided that the County acts consistently with the
permit previously granted and the extension application, plans, specifications and all other
information contained therein The County expects the extension to be granted
Kealakehe In October, 1993, the County closed its Kealakehe landfill in Kona Under state
and federal requirements, the County would have to monitor and maintain this site for ten
years from the closure date However, the County anticipates monitoring and maintaining
-49-
COUNTY OF HAWAI'l
Notes to the Combined Financial Statements
June 30. 2000
the site for thirty years because there is presently a subterranean fire which requires active
management The estimated cost of closure and postclosure is $15,250,000, based on what
it would cost to perform the required closure and postclosure care in 2000 Actual :osts
may be higher due to inflation, changes in technology, or changes in regulations Through
June 30, 2000, S6,198,000 was spent on closure and postclosure care of the landfill The
remaining estimated liability of $9,052,000 is included in the general long-term debt account
group During the year ended June 30, 2000, a total of $65,424 was spent on this landfill
This amount was for the management of the subterranean fire The County is providing
financial assurance for postclosure care and remediation through self insurance as explained
below
Pu'uanahulu In May, 1993, the County contracted with a private company to construct and
operate a new landfill on County land at Pu'uanahulu in West Hawaii The present contract
calls for County employees to perform the daily operations of the landfill, and for the
private company to retain the overall management as well as perform all construction work
on the landfill cells Under the terms of the contract, the County has no responsibility for
remediation, closure or postclosure care Accordingly, no liability for this landfill is
included in the County's combined financial statements
Financial Assurance For fiscal year 2000, the County has provided for financial resources
that will be available to provide for closure, postclosure care and remediation or
containment of environmental hazards at the above landfills The Environmental Protection
Agency's financial assurance rules include a local government financial test consisting of a
financial component, a public notice component, and a recordkeeping component Local
goverments are required to satisfy each of the three components to pass the annual test
Management believes that the County has satisfied each of the components of the local
government financial assurance requirements
9. LONG-TERM DEBT
General Obligation Bonds
The County issues general obligation bonds to provide funds for the acquisition and
construction of major capital facilities These bonds have been issued by the County for
both primary government and component unit activities (see Note 16)
The following is a summary of general obligation bond transactions reported in the general
long-term debt account group for the County for the fiscal year ended June 30, 2000
-50-
COUNTY OF HAWAII
Notes to the Combined Financial Statements
June 30, 2000
Bonds payable at July 1, 1999
Bonds issued
Bonds retired
Bonds defeased
Bonds payable at June 30, 2000
$114,086,500
48,940,000
(7,065 500)
(18,355,000)
S 137,606,000
General obligation bonds payable reported in the general long-term debt account group at
June 30, 2000 are comprised of the following individual issues
Public improvement andi'or refunding bonds
1977 Senes A at 5 0%, due through 2012 $ 276,000
1989 Refunding at 6 65% to 6 95%, due through 2004 1,350,000
1993 Refunding & PI at 4 8% to 5 6%. due through 2013 57,220,000
1996 Senes A at 5 5%, due through 2016 27,795,000
1996 Senes B at 4 5%, due through 2016 680,500
1997 Senes A at 4 875%, due through 2017 3,614,500
1999 Senes A at 4 375% to 6 0%, due through 2019 30,000,000
1999 Refunding at 4 25% to 4 875%, due through 2007 16.670.000
Total general government $137,606,000
Annual debt service requirements to matunty for the above general obligation bonds
including interest payments of $63,331,020, are as follows
Fiscal year ending June 30
2001
$ 14,256,692
2002
14,229,544
2003
15,322,197
2004
14,848,491
2005
14,850,760
Thereafter
127,429,336
Total 5200,937,020
Bonds Authorized and Unissued
The County Council has authorized the issuance of $1 8 million in general obligation bonds
to finance a portion of the cost of constructing a police prearraignment detention facility
These bonds will be sold to the United States Department of Agnculture under its Federal
Consolidated Farm and Rural Development Act loan program At June 30, 2000, these
authonzed bonds were unissued
-51-
COLTNTY OF HAWAII
Notes to the Combined Financial Statements
June 30. 2000
Subsequent Event On August 11, 2000, the County Council authorized the issuance of
$8 million in general obligation bonds to finance a radio communication system to be
used by agencies of the County
Refunded Bonds
In fiscal 2000, the County issued $18,940,000 in refunding bonds as part of its 1999 series
general obligation issue The refunding bonds have an average interest rate of 4 74% and
were issued to advance refund the $18,355,000 outstanding balance of the 1978 refunding
bond general obligation issue
The bonds refunded bore interest at rates ranging from 5 00% to 6 50% The net proceeds
of $18,775,575 (after payment of $164,425 in underwriting fees, insurance and other
issuance costs) was used to purchase United States government securities Those securities
were deposited in an irrevocable trust with an escrow agent to provide for full payment of all
outstanding refunded bonds on October 15, 1999
The County's total debt service requirements over the next eight years decreased by
$1,313,029 as a result of the refunding, and the net economic gain (difference between the
present values on the old and new debt) after taking into account all allocable costs of
issuance of the bonds was $1,110,488
By refunding the 1978 refunding bonds, 58 7 million in the 1978 sinking fund became
available to the County to fund operations
The County issued Public Improvement Refunding Bonds in 1993 The proceeds from the
series were irrevocably deposited in a refunding trust The trust was set up to retire certain
public improvement bonds of the County as maturites became due In June 2000, the trust
was used to retire the remaining bonds defeased by this issue
State Revolving Fund Loans
The County has obtained loans to assist in financing mandated wastewater projects from the
State Water Pollution Control Revolving Fund (SRF) The purpose of this revolving fund is
to provide low-interest, long-term loans and other financial assistance to the four counties in
the state to finance construction of wastewater projects The County has fourteen projects
approved for funding with these loans The schedule below shows the County's SRF
transactions for the fiscal year ended June 30, 2000
-52-
COUNTY OF HAWAYI
Notes to the Combined Financial Statements
June 30, 2000
Loans
Approved
Loan Balance
2,910,635
Loan Balance
Authorized
Amount
July 1 1999 Additions
Retirements
June 30, 2000
Hilo WWTP
$12,724,31 l
S 9,657,038 S
(5584.603)
$ 9,072,435
Waiakea Mill
1,300,000
1,040,700
(58.036)
982,664
Waiakea Hslts
459,321
350,021
(21.189)
328,832
Waiakea Hslts II
5,024,266
-- 3,713,519
(57,439)
3,656.080
Ainako A&B
2,374,000
1,825,178 --
(101,512)
1,723,666
Kalamanaole
1,499,944
1,339,819
(63,794)
1,276,025
Alit Drive A&B
3,210,243
2,390,614
(130,590)
2,260,024
Alit Drive C&D
3,780,000
3,294,741
(169,616)
3,125,125
Alit Drive E&F
2,300,000
1,723,504 --
(79,138)
1,644,366
Waiaha Bay
3,697,893
3,022,735 219 320
(152,351)
3,089,704
Kealakehe
1,300,071
1,038,805 --
(57,931)
980,874
Holualoa Bay
3,080,000
2,806,712 65,423
(125,148)
2,746,987
Paukaa CCS
2,143,448
384,159 1,531.956
(21,422)
1,894,693
Pahoehoe
3,000,000
--
--
--
545,893,497
$28,874,026 $5,530,218(51,622,769)
$32,781.475
The loans bear interest at 2 06% to
3 02%, exclusive of a 100%
loan fee, and require
payments through
fiscal year 2019
Debt service to maturity, including interest and loan
fees of $10,584,398, is given below for the disbursements to date on these projects
Fiscal year ending June 30
2001
S 2,898,261
2002
2,910,635
2003
2,908,248
2004
2,905,802
2005
2,903,293
Thereafter
28,839,634
Total $43,365,873
- 53 -
COUNTY OF HAWAI'i
Notes to the Combined Financial Statements
June 30, 2000
Other General Long-term Debt
The following is a summary of other general long-term debt transactions for the fiscal year
ended June 30, 2000
Compensated absences
Claims and judgments
(see Note 14)
Capital lease obligations
(see Note 7)
Landfill closure costs
(see Note 8)
Total
Balance Deductions
July 1, 1999 Additions & Payments
$17,145,184 $ 1,542,346 S
9,888,528 7,100.409
369,177 2,676,995
(5,058,263)
(173,494)
Balance
June 30, 2000
$18,68',530
11,930,674
2,872,678
22,048,000 330,501 (116.501) 22,262,000
549,450,889 $11,650.251 ($5,348.258) $55,752,882
Fund Balances - Debt Service Funds
The fund balance in the debt service funds at June 30, 2000 includes $9,785,133 which is
available for principal payments on general obligation bonds and $115,552 which is set
aside for the payment of interest on the bonds The amount available for principal payments
also appears in the general long-term debt account group as "Amount Available in Debt
Service Funds "
Enterprise Fund Notes Payable
The Kulaimano Elderly Housing Project is indebted to the U S Department of Agriculture,
Farmers Home Administration on two notes payable with balances aggregating $1,135.139
at June 30, 2000 The notes, which mature in September 2029, are repayable in monthly
installments of $7,826 including interest and are collateralized by substantially all of the
project's property and equipment Although the stated annual rate of interest on the notes is
9%, such rate is reduced to 7% for as long as the Project has a U S Department of Housing
and Urban Development Section 8 Housing Assistance Payment contract in effect for all or
part of the units within the Project
Special Assessment Bonds
The County has outstanding special assessment bonds for one improvement district
In 1991, the County issued $14 million of special assessment bonds for Improvement
District No 17, Kaloko Subdivision, to finance a roadway and water system The bonds
mature annually through 2011 and bear interest at 9 5%
-54-
COUNTY OF HAWAI'l
(Votes to the Combined Financial Statements
June 30 2000
Total special assessment bonds payable were $11,305,000 at June 30, 2000 These are not
general obligation bonds and the County is not obligated in any manner for the repayment of
these bonds The bonds are secured by a first lien on the land benefited by the
improvements, and are to be repaid from the annual assessments levied against the owners
of the land The County acts as an agent for the property owners within the improvement
districts to collect assessments receivable, forward payments to bond -paying agents at
appropnate dates and, if required, administer foreclosure proceedings Accordingly, these
bonds are not reflected on the County's combined financial statements
The following is a summary of special assessment bond transactions for Improvement
Distnct No 17, Kaloko Subdivision, for the fiscal year ended June 30, 2000
Balance at July 1, 1999 511,800,000
Deductions — maturities (495,000)
Balance at June 30. 2000 $11,305,000
The following is a summary of the annual maturities including interest of $7,582,663 for
special assessment bonds
Year ending June 30
2001
$ 1,593,088
2002
1,588,938
2003
1,589,563
2004
1,584,488
2005
1,583,238
Thereafter
10,948,348
Total $18,887,663
10. CONTRIBUTED CAPITAL
Contributed capital of $411,296 at June 30, 2000 in the Kulaimano Elderly Housing Project
represents contnbutions from private and government sources at the inception of the project
Contnbuted capital of $544,367 in the Ouli Ekahi Affordable Housing Project at
June 30, 2000 represents contnbutions received from developers There were no changes in
contnbuted capital in either fund dunng the year
-55-
COL?NTY OF HAWAII
Notes to the Combined Financial Statements
June 30, 2000
11. SEGMENT INFORMATION- ENTERPRISE FUNDS
The County maintains two enterprise funds The Kulaimano Elderly Housing Project
(KEHP) provides low-income rental housing for senior citizens The Outt Ekaht Affordable
Housing Project (OEAHP) provides affordable single-family rental housing to qualifying
tenants Selected segment information for the fiscal year ended June 30, 2000 is as follows
12. FUND EQUITY
Designated Fund Balance
A designation of unreserved fund balance indicates tentative plans for the use of current
KEHP
OEAHP
Total
Operating revenues
$234,925
$202,456
$437,381
Depreciation
34,470
32,354
34,470
Operating income (loss)
56,405
(3,411)
52,994
Net income (loss)
6,586
(2,937)
3,649
Net working capital
742,026
19.256
761,282
Fixed assets, net
1,001,186
503,877
1,505,063
Total assets
1,962,725
563,793
2,526,518
Long-term notes payable
1,135,139
1,135,139
Total equity
795,704
538,121
1,333,825
12. FUND EQUITY
Designated Fund Balance
A designation of unreserved fund balance indicates tentative plans for the use of current
financial resources in the future Designated fund
balances at June 30, 2000 consist of the
following
General fund
Imprest and change funds
$ 25,695
Drug enforcement
32,354
Special duty police program
321,731
Future year expenditures
13,392,880
Claims and Judgments
2,278,734
Total general fund
$16,051,394
Special revenue funds
Equipment replacement 3,087,246
Imprest fund 2,400
Future year expenditures 1,780,000
Future project 1,000
Total special revenue funds 4,870,646
-56-
COUNTY OF HAWAII
Notes to the Combined Financial Statements
June 30, 2000
Capital projects funds
Road repairs
3,928,183
Development impact
1,020,806
SRF (wastewater) projects
338,599
Total capital projects funds
Trust and agency funds
Revenue
Imprest fund
100
Affordable housing
349,785
Future year expenditures
454,671
Total trust and agency funds
Funds
Total designated fund balance
Funds
Reserved Fund Balance
5,28'7,588
804,556
$27,014,184
Reserved fund balance represents that portion of fund balance that is either not available for
appropriation or is legally segregated for a specific future use Fund balances reserved at
June 30, 2000 are composed of the following
Retained Earnings
At June 30, 2000, the Kulaimano Elderly Housing Project reported retained earnings
reserved for debt service in the amount of $172,541 and unreserved retained earnings of
$211,867 The Ouli Ekahi Affordable Housing Project reported an accumulated deficit of
$6,246 at June 30, 2000
57-
Special
Debt
Capital
Trust and
General
Revenue
Service
Projects
Agency
Fund
Funds
Funds
Funds
Funds
Total
Reserved for
Encumbrances
$5,574,668
53,460,740
S --
515,481,371
53,520,170
523,036,949
Unexpended
allotments
--
--
--
15,112,636
--
1i,112,636
Road repairs
--
127,178
--
--
--
127,178
Inventories
2,161,257
--
--
--
--
2,161,25'
Debt service
--
--
9,900,685
--
--
0-900,685
Taxi invest
40,410
--
--
--
--
40,410
Grants
6,227
--
--
--
--
6,227
Liquor control
670,552
-
_ --
--
-
_ 670,552
Total reserved
fund balance
$8,453,114
53,587,918
$9,900,685
$30594,007
$3,520,170
S56,055,894
Retained Earnings
At June 30, 2000, the Kulaimano Elderly Housing Project reported retained earnings
reserved for debt service in the amount of $172,541 and unreserved retained earnings of
$211,867 The Ouli Ekahi Affordable Housing Project reported an accumulated deficit of
$6,246 at June 30, 2000
57-
COLNTY OF HAWAII
Notes to the Combined Financial Statements
June 30, 2000
13. COMMITMENTS AND CONTINGENCIES
Contractual commitments — Contractual commitments for capital projects, expenses, and
supplies at June 30, 2000, except in the enterprise funds, are reflected in the combined
financial statements as fund balance reserved for encumbrances Contractual commitments
for the enterprise funds were immaterial
Intergovernmental revenues — The County has received federal and state grants for
specific purposes that are subject to review and audit by grantor agencies Such audits could
lead to requests for reimbursement to the grantor agency for expenditures disallowed under
terms of the grant In the opinion of management of the County, disallowed costs, it any.
would not be material
Claims — Numerous claims and lawsuits have been filed against the County in the normal
course of its operations A liability for probable losses is included in the general long-term
debt account group (see Note 14) Although the outcome of the various claims and lawsuits
is not presently determinable, in the opinion of the County's attorneys, the resolution of
such matters will not have a material adverse affect on the financial condition of the County
Collective bargaining — The collective bargaining agreements covering firefighters and blue
collar government workers statewide expired June 30, 1999 At this time, it is unknown
what the settlements will call for or what impact they will have on the County's finances
Managed process for public competition — The 1998 session of the state legislature passed
a bill mandating that a multi-junsdictional committee be formed to establish policies and
procedures to implement a managed process for public competition in the procurement of
services by the state and the four counties The purpose of this process is to determine
whether a particular service can be provided more effectively, efficiently and economically
by a public agency or a private enterprise It is the legislature's intent that this process be
fully implemented by June 30, 2001 A managed process for public competition may
require cost accounting capability that the County does not presently have The cost to the
County to develop a system to provide the necessary data cannot be determined until the
legislature acts on the recommendations of the multi -jurisdictional committee and adopts
policies and procedures Also, the fiscal impact of the managed process itself cannot be
determined at this time
ADA compliance — The County has been under two stipulated agreements signed by federal
court to implement provisions of the Americans with Disabilities Act, and has complied with
the terms of both Last year, the County complied with the terms of the first stipulated
agreement relating to curb cuts The County, with the help of a consultant, surveyed 669
intersections, then ranked them in order of priority A transition plan, along with a funding
R"
COUNTY OF HAWAII
Notes to the Combined Financial Statements
June 30, 2000
commitment, was approved by the County Council The total cost of all curb cuts is
estimated to be $6 2 million The cost of the first phase of the plan is $3 million, which will
be used in high priority areas such as government facilities, schools, and hospitals The
remaining cost will cover curb cuts at parks and in low-density single family residential
areas All corrective action must be completed by the year 2005, with an estimated 308
intersections to be modified Funding allocated so far for this effort is S2 million
The second stipulated agreement relates to the Department of Parks and Recreation (the
Parks Department) The agreement required the Parks Department to establish practices,
policies and procedures regarding its programs, and prepare a transition plan by the middle
of the year 2000 The self-evaluation and transition plan for programs, practices and
procedures has been completed and approved by the County Council The cost impact of
implementation is not material because the necessary modifications are primarily
procedural This is an ongoing effort The second part of this stipulated agreement is the
reevaluation of all County facilities, which was completed and was accepted by the County
Council on June 30, 2000 Approximately 240 County facilities were surveyed this year as
part of this effort The tentative completion date of all necessary repairs and renovations is
10 years from the date the County Council accepted the self-evaluation The estimated cost
of the facilities repairs is $14 8 million, which will be spent over the 10 year period
Funding allocated so far for facilities repairs is S2 million, with $4 million federal funding
anticipated through community development block grants over the next 5 years
14. RISK MANAGEMENT
The County is exposed to various risks of losses related to torts, theft of, damage to, and
destruction of assets, errors and omissions, injuries to employees, and natural disasters The
County maintains fire and commercial multiple peril insurance on County facilities, flood
insurance on selected structures, medical malpractice insurance for emergency medical
technicians, general liability insurance for water safety officers, aviation liability for
helicopter operations, automobile coverage on transit buses, and no-fault insurance coverage
for privately owned police vehicles There was no reduction in insurance coverage during
the year from coverage in the prior year During the past three fiscal years, the amount of
settlements in cases covered by insurance have not exceeded the insurance coverage The
County is substantially self-insured for its vehicles as well as for all other penls including
workers' compensation and general liability
The County currently reports all of its risk management activities in its general fund except
for workers' compensation, which is paid by the fund that employed the injured worker
Liabilities are reported when it is probable that a loss has occurred and the amount of that
loss can be reasonably estimated These losses include an estimate of claims that have been
incurred but not reported (IBNR) Claim liabilities, including IBNR, are based on the
-59-
COUNTY OF HAWAII
Notes to the Combined Financial Statements
June 30, 2000
estimated ultimate cost of settling the claims, and include incremental costs for the hiring of
special counsel and expert witnesses Claims liabilities are estimated by a case-by-case
review of all claims and the application of historical experience to outstanding claims
Estimates of IBNR are based on historical experience The liability for claims and
Judgments is reported in the general long-term debt account group because it is not expected
to be liquidated with expendable financial resources At June 30, 2000, the amount of this
liability was $11.930,674 This is the County's best estimate based on available
information Changes in the reported liability since July 1, 1998 are given below
Balance at July 1, 1998
Incurred claims (including IBNR)*
Claim payments
Balance at June 30, 1999
Incurred claims (including IBNR)•
Claim payments
Balance at June 30, 2000
General
Workers'
Total
Liabili_ty
Compensation
Liabili
$2,489,642
$5,848,019
$8,337,661
2,365,463
2,757,395
5,122,858
(1,082,147)2.4(
89,844)
(3.571,991)
3,772,958
6,115,570
9,888,528
3,302,720
3,797,689
7,100,409
2,4( 02,830)
2,6( 55,433)
(5,058,263)
$4,672,848
$7,257,826
$11,930,674
*Net of new claims liability and old claims resolved at less than previous estimate
15. EMPLOYEE BENEFIT PLANS
Pension Plan
Plan description All full-time employees of the County participate in the Employees'
Retirement System of the State of Hawai i (System), a cost-sharing multiple -employer
defined benefit pension plan The System was established by Chapter 88 of the Hawai'i
Revised Statutes (HRS) and is governed by a Board of Trustees All contributions, benefits
and eligibility requirements are established by Chapter 88, HRS, and can be amended by
legislative action
The System regards the County, including its component unit, as one employer Therefore,
separate information for the primary government and its component unit is not available
All information given below on the pension plan is for the reporting entity as a whole,
including both the primary government and its component unit
All of the County's full-time employees are eligible to participate in the System The System
consists of a contributory retirement plan and a noncontributory retirement plan Eligible
employees, in service and a member of the existing contributory plan on June 30, 1984,
were given an option to remain in the existing plan or Join the noncontributory plan,
COUNTY OF HAWAII
Notes to the Combined Financial Statements
June 30. 2000
effective January 1, 1985 All new eligible employees hired after June 30, 1984 generally
become members of the noncontributory plan Both plans provide death and disability
benefits and a cost of living adjustment In the contributory plan, employees generally may
elect normal retirement at age 55 with 5 or 10 years of credited service or elect early
retirement at any age with 25 years of credited service Such employees are generally
entitled to retirement benefits, payable monthly for life, of 2% or 2; % of their average final
salary, as defined, for each year of credited service with certain limitations Benefits fully
vest on reaching five years of service, retirement benefits are reduced for early retirement
In the noncontributory plan, employees may elect normal retirement at age 62 with 10 years
of credited service or at age 55 with 30 years of credited service, or elect early retirement at
age 55 with 20 years of credited service Such employees are entitled to retirement benefits,
payable monthly for life, of 1 25% of their average final salary, as defined, for each year of
credited service Benefits fully vest on reaching ten years of service, retirement benefits are
reduced for early retirement
The System issues a Comprehensive Annual Financial Report that may be obtained by
writing to the Employees' Retirement System of the State of Hawai' i, 201 Merchant Street,
Suite 1400, Honolulu, Hawaii 96813
Funding policy All funding requirements are established by Chapter 88, HRS, and can be
amended by the state legislature Covered contributory plan employees are required to
contribute 7 8% or 12 2% of their salary to the plan, the County is required to contribute the
remaining amounts necessary to pay contributory plan benefits when due The County is
also required to contribute all amounts necessary to pay noncontributory benefits when due
The County's contribution requirements are actuarially determined based on actuarial
assumptions established by Chapter 88, HRS The County's contnbutions to the System for
the fiscal years ended June 30, 1998, 1999 and 2000 were $11,460,200, $6,490,200, and
$2,105,000 respectively, equal to the required contributions for each year
Subsequent event The 2000 state legislature passed a measure amending state statutes
relating to the actuarial assumptions of the System This amendment will reduce the
County's employer contnbution for the fiscal year ending June 30, 2001, to $129,000
Post -Retirement Benefits
in addition to providing the pension benefits described above, the County is required by
state statute to contribute to the Hawai'i Public Employees Health Fund (Health Fund), a
statewide program which provides health and group life insurance for all retired and active
County employees, their dependents and their beneficiaries The state and other counties
also participate in the fund For employees hired prior to July 1, 1996 who retire with at
least ten years of credited service, the County is required to pay 100% of the premiums of
the medical, adult dental, prescription drug, vision, and group life insurance plans elected by
-61-
COUNTY OF HAWAII
Notes to the Combined Financial Statements
June 30, 2000
the retiree For employees hired prior to July 1, 1996 who retire with less than ten years of
credited service, the County is required to pay half of the monthly premium cost of the
above plans For employees hired July I, 1996 or atter, the amount of the premium cost the
County is required to pay varies depending on the employee's years of service at the time of
retirement
Currently, the County has 976 former employees who have retired with at least ten years of
credited service and are receiving the full benefit 4n additional six employees have retired
with less than ten years of service and have half of their medical premiums paid by the
County For each retiree and retiree's spouse eligible for Medicare, the County also pays
$45 50 per month as reimbursement of their Medicare premiums
The County's contribution is recorded as an expenditure when paid The amount of the
contribution is limited by state statute to the actual cost of benefit coverage During the
fiscal year ended June 30, 2000, the County's contribution to the Health Fund for retired
employees totaled $4 6 million
Deferred Compensation Plan
County employees are permitted to participate in a deferred compensation plan of the State
of Hawaii, adopted pursuant to Internal Revenue Code (IRC) section 457 The plan permits
eligible employees to defer a portion of their salary until future years by contributing to a
fund managed by a plan administrator The deferred compensation amounts are not
available to employees until termination, retirement, death, or unforeseeable emergency
All plan assets are held in a trust fund to protect them from claims of general creditors and
from diversion to any uses other than paying benefits to participants and beneficiaries The
County has no responsibility for loss due to the investment or failure of investment of funds
and assets in the plans, but does have the duty of due care that would be required of an
ordinary prudent investor Therefore, in accordance with GASB Statement No 32,
Accounting and Financial Reporting for Internal Revenue Code Section 457 Deferred
Compensation Plans, deferred compensation plan assets are not reported in the
accompanying combined financial statements
16. COMPONENT UNIT DISCLOSURES
Cash and Investments
For purposes of the statement of cash Flows, the Department of Water Supply (the
Department) considers all highly liquid investments with original matunties of three months
or less to be cash equivalents However, for the required GASB Statement No 3
disclosures, all bank TCDs are considered deposits The amount of $295,367 shown on the
62-
COUNTY OF HAWAII
Notes to the Combined Financial Statements
June 30. 2000
balance sheet as cash and cash equivalents consists of cash on hand ("deposit in transit) of
$220,152 and balance in the checking account of 575.215
Deposits At June 30, 2000 the carrying amount of the Department's deposits was
$26,413,155 and the bank balance was $26.440,647 The entire bank balance was covered
by collateral held by the County's agent in the County's name in accordance with state
statutes This deposit amount includes cash received by the Department that is refundable or
restricted as to use, and is recorded as a restricted asset Such funds amounted to $8,623,143
at June 30, 2000
Loans Receivable
At June 30, 2000, loans receivable from various community associations for water system
improvements were as follows
Paauilo Camp Community Association
$318,800
Paauhau Village Community Association
326,580
Ookala Community Association
110,820
Total $756.200
Fixed Assets
The Department began operations as of January 1, 1950 At that date, the utility plant in
service was transferred to the Department from the County at the cost of the utility plant
assets acquired by the County for its water system from January 1, 1924 to
December 31, 1949, less accumulated depreciation Acquisitions prior to 1924 and
acquisitions by gift or grant prior to 1950 are not included in utility plant Additions to
utility plant since January 1, 1950 are stated at original cost and include contributions by
governmental agencies, private subdividers and customers at their cost or estimated cost
Construction costs include amounts for contract work, engineering supervision and other
direct and indirect costs
Depreciation on the Department utility plant assets in service is computed using the straight-
line method over the estimated useful lives of the assets as follows
Structures and improvements 40 to 50 years
Machinery and equipment 5 to 20 years
Water systems 10 to 40 years
Depreciation expense on assets acquired with contributions in aid of construction is charged
to contributed capital
63-
COUNTY OF HAWAII
Notes to the Combined Financial Statements
June 30, 2000
The fixed assets of the Department at June 30, 2000 were as follows
Utility plant in service
5208 921,268
Less accumulated depreciation
(79,960,664)
2003
128 960,604
Construction in progress
18,071,859
Net fixed assets
5147,032,463
Long-term Debt
The County has issued general obligation bonds on behalf of the Department The
Department is responsible for the payment of the debt service on these bonds, but the
County remains liable because they are general obligations of the County The Department
has recorded a liability for these general obligation bonds, which amounted to $11,649,200
at June 30, 2000
General obligation bonds payable issued on behalf of the Department at June 30, 2000 are
comprised of the following individual issues
Public improvement bonds
1981 Series A at 5 0%, due through 2016 S 503,000
1993 Series A at 3 8% to 5 6%, due through 2013 8,040,000
1998 Series A at 4 5%, due through 2033 756,200
Total public improvement bonds 9,299,200
Public improvement refunding bonds
1989 Series at 6 2% to 6 95%, due through 2004 2,350,000
Total S 11,649,200
Annual debt service requirements to maturity for these general obligation bonds, including
interest payments of $4,782,264, are as follows
Fiscal year ending June 30
2001
S 1,563,970
2002
1,536,998
2003
1,504,664
2004
1,527,730
2005
1,490,779
Thereafter
8,807,323
Total $16,431,464
IME
COUNTY OF HAWAII
Notes to the Combined Financial Statements
June 30, 2000
Contributed Capital
The following is a summary of contributed capital of the Department for the fiscal year
ended June 30, 2000
Commitments and Contingent Liabilities
Claims and judgments - The Department is self-insured for workers' compensation and
other penis The liability at June 30, 2000 for workers' compensation claims of $222,000
was estimated based on a combination of case-by-case review and the application of
historical experience to outstanding claims
Construction contracts — The Department is obligated under construction contracts for the
utility plant and other projects Such commitments approximated $12,000,000 at
June 30, 2000
-65-
Balance
Balance
July 1,
June 30,
1999
Additions
2000
Contributed by County ofHawai'i
S 1,132,683
$ --
$ 1,132,683
Contributions in aid of construction
Federal government
5,847,814
105,473
5,953,287
State of Hawat'i
52,246,865
--
52.246,865
County of Hawaii
8,331,584
--
8,331,584
Non-government
97,333,149
5,391,640
102,724,789
Total conmbutions in aid of
construction
163,759,412
5,497,113
169,256,525
Less accumulated depreciation
(58,830,420)
(5,314.304)
(64,144 724)
Net contributions in aid of
construction
104,928,992
182.809
105,111,801
Contributed capital
$106,061,675
$ 182,809
$106,244,484
Capital of $1,132,683 contributed by the County to the
Department represents utility plant in
service transferred from the County
to the Department at its inception on January 1, 1950
Commitments and Contingent Liabilities
Claims and judgments - The Department is self-insured for workers' compensation and
other penis The liability at June 30, 2000 for workers' compensation claims of $222,000
was estimated based on a combination of case-by-case review and the application of
historical experience to outstanding claims
Construction contracts — The Department is obligated under construction contracts for the
utility plant and other projects Such commitments approximated $12,000,000 at
June 30, 2000
-65-
This page intentionally left blank
GENERAL FUND
The General Fund accounts for all financial resources except those required to be
accounted for in another fund
COUNTY OF HAS§'AII (Concluded)
General Fund
Comparative Balance Sheets
June 30, 2000 and 1999
EM
2000
1999
Liabilities and Fund Balance
Liabilities
Warrants payable
S 2,106,811
S 2,702,483
Accounts payable
979,708
1,591,361
Employee costs payable
--
2,465,326
Due to other funds
3,162,429
3,037,382
Due to federal government - arbitrage rebate
358,074
253,620
Deferred revenue
Real property taxes
10.547,484
10,887,608
Liquor control revenue
156,210
157,010
Intergovernmental
968,202
656,438
Total deferred revenue
11,671,896
11,701,056
Other
698,292
602,798
Total liabilities
18,9',7,210
22,354,026
Fund balance
Reserved for
Encumbrances
5,574,668
5,942,392
Inventones
2.161,257
2,139,769
Taxicab investigations
40,410
23,950
Grants
6,227
4,920
Liquor control
670,552
516,164
Total reserved fund balance
8,453,114
8,627,195
Unreserved
Designated for
Imprest and change funds
25,695
25,695
Drug enforcement
32,354
32,354
Special duty police program
321,731
275,202
Future year expenditures
13,392,880
10,100,000
Claims and Judgments
2,278,734
1,200,398
Total designated fund balance
16,051,394
11,633,649
Undesignated
49,591
1,299,961
Total fund balance
24,554,099
21,560,805
Total liabilities and fund balance
543,531,309
$43,914,831
EM
COUNTY OF HAWAII
General Fund
Comparative Statements of Revenues, Expenditures and Changes in Fund Balances
For the Fiscal Years Ended June 30, 2000 and 1999
2000
1999
Revenues
Taxes and assessments
583,270,529
$84,791,838
Licenses and permits
3,813,132
3,708,264
Intergovernmental
32,152,183
34,565,760
Charges for current services
2,426,864
1,764,116
Fines and forfeitures
401,781
351,714
Rents
120,744
113,433
Interest and penalties
4,922,950
4,611,786
Miscellaneous
989,225
2,747,417
Total revenues
128,097.408
132,654,328
Expenditures
Current
General government
21,432,976
20,470,921
Public safety
55,784,371
53,270,672
Highways and streets
1,518,667
1,789,072
Health, education and welfare
5,076,128
5,306,198
Culture and recreation
10,736,652
11,477,152
Pension and retirement contributions
5,036,367
8,692,236
Health fund
8,646,361
8,389,666
Miscellaneous
3,177,419
3,031,288
Capital outlay
2,748,158
3,657,706
Debt service
Interest and finance charges
64,789
16,947
Principal retirement
173,494
31,158
Total expenditures
114,395,382
116,133,016
Excess of revenues over expenditures
13,702,026
16,521,312
Other financing sources (uses)
Sale of general fixed assets
28,387
53,668
Increase to capital leases
2,676,995
--
Operating transfers to
494,431
3,553,987
Operating transfers out
(22,632,046)
(24,132,945)
Total other financing uses
(19,432,233)
(20,525,290)
Deficiency of revenues and other sources
over expenditures and other uses
(5,730,207)
(4,003,978)
Fund balance at beginning of year
21,560,805
25,455,132
Residual equity transfer to
8.702,013
--
Increase to reserve for inventories
21 488
109,651
Fund balance at end of year
$24,554,099
$21,560,805
COUNTY OF HAWAII
General Fund
Schedule of Revenues, Expenditures and Changes in Fund Balance -
Budget and Actual (Budgetary Basis)
For the Fiscal Year Ended June 30, 2000
Revenues
Taxes and assessments - real
property taxes
Licenses and permits
Budget
Variance
Favorable
Actual (Unfavorable)
$82,248,000 $83,270,529 S 1,022,529
Nonbusiness Licenses and permits
2,346,040
2,603,511
257,471
Business licenses
969,781
908,213
(61,568)
Street use
276,500
301,408
24,908
Total licenses and permits
3,592,321
3,813,132
220,811
Intergovernmental
Federal
Programs for the aged
1,184,307
1,151,669
(32,638)
Community development block grants
2,201,000
2,201,000
Civil defense
108,065
100,038
(8,027)
Law enforcement
2,338,270
1,885,525
452,745)
Other
2,863,097
2,649,913
(213,184)
Total federal
8,694,739
7,988,145
(706,594)
State
State General Fund - Act 185,
SLH 1990
12.974,000
14,049,132
1,075,132
Emergency medical services
7,942,033
7,486,030
(456,003)
Other
3,831,751
2,959,977
(871,774)
Child support enforcement
879,547
952,509
72,962
Total State
25,627,331
25,447,648
(179,683)
Total intergovernmental revenue
34.322,070
33,435,793
(886,277)
Charges for current services
General government
1.173,209
1,385,390
212,181
Culture and recreation
482,277
557,435
75,158
Highways and streets
327,000
469,042
142,042
Public safety
19,000
14,997
(4,003)
Total charges for current
services
2,001,486
2,426,864
425,378
Fines and forfeitures
797,300
401,781
(395,519)
Rents
170,800
120,744
(50,056)
(Continued)
-70-
COUNTY OF HAWAII
General Fund
Schedule of Revenues, Expenditures and Changes in Fund Balance -
Budget and Actual (Budgetary Basis)
For the Fiscal Year Ended June 30, 2000
Public safety
Police department
32,132,243
30,591,194
anance
Fire department
11,698,093
17,024,966
Favorable
Prosecuting attorney
Budget
Actual
(Unfavorable)
Revenues (continued)
1,511,156
1,492,674
18,482
Interest and penalties
4.500,000
4,835,685
335,685
Miscellaneous
3,408,783
2,607,739
(801,044)
Total revenues
131.040,760
130,912,267
(128,493)
Expenditures
627,250
627,250
--
Current
240,472
233,068
7,404
General government
58.846,007
55,644,428
3,201,579
Finance
5,462,985
5,022,792
440,193
Automotive equipment
1,899,577
1,893,489
6,088
General government building
1,840,591
1,743,794
96,797
Legislative
2,828,037
1,779,797
1,048,240
Law
3,263,137
3,196,003
67,134
Planning and zoning
1,537,872
1,390,670
147,202
Research and development
1,724,948
1,489,839
235,109
Mayor's office
978,683
945,256
33,427
Engineenng
1,006,005
992,402
13,603
Personnel services
781,140
716,814
64,326
Chief engineer
674,048
661,182
12.866
Data Systems
740,107
667,580
72,527
Elections
506,918
446,172
60,746
Total general government
23,244,048
20,945,790
2,298,258
Public safety
Police department
32,132,243
30,591,194
1,541,049
Fire department
11,698,093
17,024,966
673.127
Prosecuting attorney
5,128,536
4,373,547
754,989
Protective inspection
1,511,156
1,492,674
18,482
Liquor control
965,181
798,665
166,516
Flood control
84,054
62,667
21,387
Civil defense agency
459,022
440,397
18,625
Humane Society
627,250
627,250
--
Industrial safety
240,472
233,068
7,404
Total public safety
58.846,007
55,644,428
3,201,579
Highways and streets
Mass transit
1,584,979
1,584,978
1
(Continued)
-71 -
COUNTY OF HAWAII
General Fund
Schedule of Revenues, Expenditures and Changes in Fund Balance -
Budget and Actual (Budgetary Basis)
For the Fiscal Year Ended June 30, 2000
(Continued)
-72-
Variance
Favorable
Budget
Actual
(_Unfavorable)
Expenditures (continued)
Current (continued)
Health, education and welfare
Office of Aging
1.361,344
1,302,727
58,617
Elderly Activities
2.705,950
2,556,021
149.929
Education
55,000
47,531
7,469
Social programs
900,000
871,350
28,650
Cemeteries
296,745
283,514
13.231
Physical examination
101,286
100.564
722
Total health, education and welfare
5,420,325
5,161,707
258,618
Culture and recreation
Community music
145,834
141,931
3,903
Organized recreation
Maintenance
4556,168
4,493,555
62,613
Recreation
1,787,017
1,745,115
41,902
Aquatics
2,558,334
2,289,981
268,353
Hoolulu Park complex
732,205
723,637
8.568
Administration
651,681
634,247
17,434
Children's zoo
500,202
474,062
26,140
Summer/Intersession
250,394
222,363
28,031
Culture and arts
113,204
110,530
2,674
Elderly activities administration
571,958
471,128
100,830
Total culture and recreation
11,866,997
11,306,549
560,448
Pension and retirement contributions
6,291,515
5,211,562
1,079.953
Health fund
8,587,799
8,556,350
31,449
Miscellaneous
7,536,899
3,186,377
4,350,522
Total current
123,378,569
111,597,741
11,780,828
Capital Outlay
Community Development Block grants (HUD)
CDBG 1995
(138,318)
(138,318)
--
CDBG 1996
(4,796)
(4,796)
CDBG 1997
82,488
82,488
CDBG 1998
60,626
60,626
CDBG 1999
20,429
20,429
CDBG 2000
2,209,500
2,209,500
Total Community Development
Block Grants (HUD)
2,229,929
2,229,929
(Continued)
-72-
CO(JI ITY OF HAWAII
General Fund
Schedule of Revenues, Expenditures and Changes in Fund Balance -
Budget and Actual (Budgetary Basis)
For the Fiscal Year Ended June 30, 2000
73-
Variance
Favorable
Budget
Actual
(Unfavorable)
Expenditures (continued)
Capital Outlay (continued)
HOME Program
1 263,000
1,263,000
Total capital outlay
3.492,929
3,492,929
--
Total expenditures
126.871,498
115,090,670
11,780,828
Excess of revenues over expenditures
4,169,262
15,821,597
11,652,335
Other financing sources (uses)
Operating transfers in
Golf Course Fund
135,868
135,868
1978 Sinking Fund
9 154,754
9,060,576
(94,178)
Total operating transfers in
9.290,622
9,196,444
(94,178)
Operating transfers out
Sewer -Fund
(232,735)
(232,735)
--
Solid Waste Fund
(6,076,623)
(4,950,000)
1,126,623
Golf Course Fund
(311,242)
(311,242)
--
Debt Service Fund
(19,576,904)
(18,728,196)
848,708
Total operating transfers out
(26.197,504)
(24,222,173)
1,975.331
Total other financing uses
(16,906,882)
(15,025,729)
1,881,153
Excess (deficiency) of revenues and other sources
over expenditures and other uses
(12.737,620)
795,868
13,533,488
Unbudgeted self-insurance activities
--
78,336
78,336
Fund balance at beginning of year
21.560,805
21,560,805
--
Fund balance at end of year
$ 8.823,185
$22,435,009
$13.611,824
73-
This page intentionally left blank
-74-
SPECIAL REVENUE FUNDS
HIGHWAY FUND -Used to account for the costs of maintaining the County's highways and streets
Financing is provided primarily by fuel, motor vehicle weight and public utility franchise taxes
PARKING METER FUND - Used to account for the costs of maintaining County on -street and off-street
parking areas Financing is provided by the proceeds from parking meters
SEWER FUND -Used to account for costs of operating the County's vanous sewerage systems Financing
is provided by charges to users for sewer services
BIKEWAY FUND - Used to accumulate moneys for the construction of bikeways within the County
Financing is provided by bicycle license fees
CEMETERY FUND - Used to accumulate moneys to guarantee the future maintenance of County cemetery
sites Financing is provided from the sale of burial lots in County cemetenes
VEHICLE DISPOSAL FUND - Used to accumulate moneys for the towing, removal, disposal and
recycling of abandoned or discarded automobiles and automobile parts Financing is provided by annual
fees collected with motor vehicle registranons
SOLID WASTE FUND - Used to accumulate moneys for the operation, maintenance, and administration of
the County's solid waste management, collection and disposal systems Financing is provided by tipping
fees at the landfills and by disposal penmt fees
GOLF COURSE FUND - Used to account for the cost of operating the Hilo Municipal Golf Course
Funding is provided from green fees and payments from restaurant and pro shop concessionaires
GEOTHERMAL RELOCATION REVOLVING FUND - Used to account for the County's share of
geothermal resource royalties received from the operator of a geothermal power plant located in the
County The funds are earmarked for a geothermal relocation program
BEAUTIFICATION FUND - Used to accumulate moneys for the beautification of highways and disposal
of abandoned vehicles within the County Financing is provided by assessments on vehicle registrations
This page intentionally left blank-
-75-
COUNTY OF HAWAII
Special Revenue Funds
Combining Balance Sheet
June 30, 2000
(With comparative totals for June 30, 1999)
-76-
Parking
Highway
Meter
Sewer
Bikeway
Cemetery
Fund
Fund
Fund
Fund
Fund
Assets
Cash and cash equivalents
$5,245,917
$34,609
$5,413,841
$95,8.31
552,450
Imprest fund
--
100
-
Receivables
Waste disposal charges receivable, net of
allowance for doubtful accounts
850,580
Due from State of Hawaii
--
-
Due from federal government
--
--
55,490
Due from other funds
42,435
282
--
Other
--
251,205
Total receivables
42,435
--
1,102,067
55,490
Total assets
$5,288,352
$34,609
$6,516,011
$151,331
$52,450
Liabilities and Fund Balances
Liabilities
Warrants payable
$ 272,541
$
$ 75,475
$ --
$
Accounts payable
171,477
196,744
5,903
Employee costs payable
--
--
--
Due to other funds
554,501
139,121
Accrued liabilities
--
--
Deferred revenue
850,580
--
Total liabilities
998,519
1,261,920
5,903
Fund balances
Reserved for
Encumbrances
1,144, 817
840,934
Road repairs
127,178
--
Total reserved fund balance
1,271,995
840,934
Unreserved
Designated for
Equipment replacement
--
3,087,246
Imprest fund
--
100
Future year expenditures
1,280,000
--
Future project
1,000
Total designated fund balance
1,281,000
3,087,346
--
Undesignated
1,736,838
34,609
1,325,811
145,428
52,450
Total fund balances
4,289,833
34,609
5,254,091
145,428
52,450
Total liabilities and fund balances
$5,288,352
$34,609
$6,516,011
$151,331
$52,450
-76-
Vehicle
Solid
Golf
Geothermal
Beauty
Disposal
Waste
Course
Relocation
fication
Fund
Fund
Fund
Rev Fund
Fund
Totals
2000 1999
$534,889 $2,384.764 $101,181 5582,594 $424,969 $14,871,058
300 2.000 2,400
735,011
$ 460,667
1,585,591
5,000
$ 11,758
5,000
S 1,398,719
62,448
55,490
8,645
375
51,737
9,821
5,953
266,979
758,477
6,328
1,964,797
$534,889 $3,143,541
$109,509
$582,594 $424,969 $16,838,255
S16,429,835
2,200
1,683,452
16,156
45,024
278,432
2,023,064
$18,455,099
$130,408
$ 460,667
$ 3,237
$ 18
$ 11,758
S 954,104
S 1,398,719
62,448
470,278
810
2,002
938
910,600
930,691
1,349,571
3,071
209,292
44,611
950,596
1,113,140
8,797
903,191
1,753,771
2,011,690
195,927
2,043,428
48,658
2,020
12,696
4,569,071
6,812,608
11,200
852,461
225
609,541
1,562
3,460,740
3,490,071
127,178
11,200
852,461
225
609,541
1,562
3,587,918
3,490,071
3,087,246
1,929,172
300
2,000
2,400
200
200,000
200,000
100,000
1,780,000
1,424,715
1,000
1,000
200,000
200,300
2,000
100,000
4,870,646
3,355,087
127,762
47,352
58,626
(28,967)
310,711
3,810,620
4,797,333
338,962
1,100,113
60,851
580,574
412,273
12,269,184
11.642,491
$534,889
$3,143,541
$109,509
$582,594
$424,969
$16,838,255
$18,455,099
_77-
COUNTY OF HAWAII
Special Revenue Funds
Combining Statement of Revenues. Expenditures and Changes in Fund Balances (Deficit)
For the Fiscal Year Ended June 30, 2000
(With comparative totals for the fiscal year ended June 30, 1999)
Expenditures
472.250
Parking
995,683
Highway
deter
Public safety
Fund
Fund
Revenues
Sanitation
--
Taxes
$ 10,052.977
$
Licenses and permits
2,728,637
329,042
Intergovernmental
202,000
--
Charges for current services
42.435
17,931
Miscellaneous
72,608
--
Total revenues
13,098,657
17,931
Expenditures
472.250
Current
995,683
General government
--
Public safety
2,610,447
Highways and streets
6,339,490
Sanitation
--
Health, education & welfare
2,602
Culture and recreation
--
Pension and retirement contributions
329,042
Health fund
473,866
Miscellaneous
362,851
Debt service
Interest charges
--
Pnncipal retirement
Total expenditures
10.118,298
Excess (deficiency) of revenues
over expenditures
2.980,359
Other financing sources (uses)
Operating transfers in
General Fund
--
Operating transfers out
General Fund
Capital Projects Fund
(2,508,109)
Total other financing sources (uses)
(2,508,109)
Excess (deficiency) of revenues and other
Sewer Bikeway Cemetery
Fund Fund Fund
S $ -- S --
81,622
73,197
4,825,076 -- --
151,032 14,500
4,976,108 154,819 14,500
-- 79,880
3,452,272 --
113,522
132,580
514,786
-- 4,213,160 79,880
17,931 762,948 74,939 14.500
232,735
232,735
sources over expenditures and other uses
472.250
17,931
995,683
74,939
14,500
Fund balances (deficit) at beginning of year
3,817,583
16,678
4,258,408
70,489
37,950
Fund balances at end of year
$ 4,289,833
$34,609
$5,254,091
$145,428
$52,450
-78-
Vehicle
Solid
Golf
Geothermal
Beauti-
Totals
Disposal
Waste
Course
Relocation
fication
Fund
Fund
Fund
Rev Fund
Fund
2000
1999
$
S
S
S
$
$ 10,052,977
$ 9,852,970
510,236
127,562
3,448,057
3,243,297
145.058
420,255
509,595
250
3,063,508
838 786
8,787,986
8,384,208
135
92
91
132,748
371,206
227,205
510,621
37208,658
838 877
132,748
127,562
23,080,481
22,217,215
8,957
8,957
326,171
2,610447
2,764,586
68,290
6,487,660
6,358,955
690,739
8,713,069
12,856,080
12,286,794
2,602
3,626
789,424
789,424
844,003
2,683
123,484
35,705
604,436
1,093,229
1,811
221,809
67,782
897,848
874,727
168,620
77
1,046,334
584,986
9,318
149,593
695,233
9,226,982
892,988
8,957
68,290
25,303,788
25,295,988
(184,612)
(6,018,324)
(54,111)
123,791
59,272
(2,223,307)
(3,078,713)
4,950,000
311,242
5,493,977
8,461,672
(135,868)
(135,868)
(135,868)
(2,508,109)
(2,697,997)
4,950,000
175,374
2,850,000
5,627,807
(184,612)
(1,068,324)
121,263
123,791
59,272
626,693
2,549,094
523,574
2,168,437
(60,412)
456,783
353,001
11,642,491
9,093,397
$338,962
$1,100,113
$60,851
$580.574
$ 412,273
$12,269,184
$11,642,491
79-
COUNTY OF HAWAII
Special Revenue Funds
Combining Schedule of Revenues, Expenditures and Changes in Fund Balances (Deficit) -
Budget and Actual (Budgetary Basis)
For the Fiscal Year Ended June 30, 2000
Revenues
Taxes
Licenses and permits
Intergovernmental
Charges for current services
Miscellaneous
Total revenues
Expenditures
Current
General government
Public safety
Highways and streets
Sanitation
Health, education & welfare
Culture and recreation
Pension and retirement contnbutions
Health fund
Miscellaneous
Total expenditures
Excess (deficiency) of revenues
over expenditures
Other financing sources (uses)
Parking Meter
Highway Fund Fund Sewer Fund
Budye Actual Budget Actual Budget Actual
$10,008,109 $10,052,977 $ $ $ $
2,450,000 2,728,637
200,000 201.999 --
100,000 42,434 17,931 4,430,509 4,825,076
39,939 72,609 -- 100 141,532
12,798,048 13,098,656 17,931 4,430,609 4,966,608
2,848,273
2,675,749
232,735
6,795.739
6,547,868
--
--
--
--
4,272,805
4,162,732
6,000
2,602
--
--
924,913
382,319
381,746
129,694
550,000
473,865
155,791
132.580
375,014
362,124
1,496,296
83,294
11,499,939
10,444,527
6,306,638
4,508.300
1,298,109 2,654,129 -- 17,931 (1,876,029) 458,308
Operating transfers in
232,735
232,735
Operating transfers out
(2,508,109)
(2,508,109)
--
--
Total other financing sources (uses)
(2,508,109)
(2,508,109)
-- 232,735
232,735
Excess (deficiency) of revenues and other
sources over expenditures and other uses
(1,210,000)
146,020 --
17,931 (1,643,294)
691,043
Fund balances at beginning of year
3,817,583
3,817,583 16,678
16,678 4,258,408
4,258,408
Fund balances at end of year
$2,607,583
$3,963,603 $16,678
$34,609 $2,615,114
$4,949,451
X9012
Bikeway Fund Cemetery Fund Vehicle Disposal Fund Solid Waste Fund
Budget Actual Budge[ Actual Budget Actual Budget Actual
S -- S -- $ $ S -- $ -- S -- $ --
19,000 81,622 436,187 510,236 -- --
77,000 74,847 -- -- 241,000 241,000
-- -- 100 250 2,615,000 3,063,508
-- -- 11,000 14,500 100 135 -- 92
96,000 156,469 11,000 14,500 436,387 510,621 2,856,000 3,304,600
-- -- -- -- --
-- -- -- -- --
96,000 84,847 --
--
--
--
--
--
__
--
--
-- -- 657,202
597,392
9,547,942
9,332,119
-- -- -- -- --
2,874
--
2,874
--
298,243
--
143,476
1,812
1,812
223,438
221,809
-- 500
--
200,000
153,044
96,000 84,847 662,388
602,078
10,269,623
9,850,448
-- 71,622 11,000 14,500 (226,001) (91.457) (7,413,623) (6,545,848)
6,092,623 4,950,000
-- -- -- -- -- -- -- --
6,092,623 4,950,000
-- 71,622 11,000 14,500 (226,001) (91,457) (1,321,000) (1,595,848)
70,489 70,489 37,950 37,950 523,574 523,574 2,168,437 2,168,437
$70,489 $142,111 $48,950 $52,450 $297,573 $432,117 $847,437 $572,589
(Continued)
I -M
COLNTY OF HAWAII
Special Revenue Funds
Combining Schedule of Revenues, Expenditures and Changes in Fund Balances (Deficit) -
Budget and Actual (Budgetary Bans)
For the Fiscal Year Ended June 30, 2000
Excess (deficiency) of revenues
over expenditures
(231,072)
(139,107)
Geothermal Relocation
56,898
Other financing sources (uses)
Golf Course Fund
Revolving Fund
Beautification Fund
Operating transfers in
Budget
Actual
Budget
Actual
Budget
Actual
Revenues
Total other financing sources (uses)
175,374
175,374
Taxes
$
S
$
$
$
5
Licenses and permits
36,267
(17,253) --
56,898
Fund balances (deficit) at beginning of year
115,000
127,562
Intergovernmental
353.001
Funds balances (deficit) at end of year
($116,110)
($24,145) $456,783
-
--
Charges for current services
828,740
838,787
--
--
Miscellaneous
--
91
150,000
132,747
-
--
Total revenues
828,740
838,878
150,000
131747
115,000
127,562
Expenditures
Current
General government
150,000
150,000
Public safety
--
--
Highways and streets
115,000
70,664
Sanitation
--
--
Health, education & welfare
--
--
Culture and recreation
887,237
868,147
Pension and retirement contributions
86,768
41,979
Health fund
69,807
67,782
Miscellaneous
16,000
77
--
--
Total expenditures
1,059,812
977,985
150,000
150,000
115,000
70,664
Excess (deficiency) of revenues
over expenditures
(231,072)
(139,107)
(17,253)
56,898
Other financing sources (uses)
Operating transfers in
311,242
311,242
--
Operating transfers out
(135,868)
(135.868)
Total other financing sources (uses)
175,374
175,374
--
Excess (deficiency) of revenues and other
sources over expenditures and other uses
(55,698)
36,267
(17,253) --
56,898
Fund balances (deficit) at beginning of year
(60,412)
(60,412) 456,783
456,783 353,001
353.001
Funds balances (deficit) at end of year
($116,110)
($24,145) $456,783
$439,530 $353,001
$409,899
Em
(Concluded)
'Dotal Special Revenue Funds
Variance
Favorable
Budget Actual (Unfavorable)
$10,008,109 $10,052,977 $44,868
3,020,187
3.448,057
427,870
518,000
517,846
(154)
7,974,349
8,787,986
813,637
201,139
361,706
160,567
21,721,784
23,168,572
1,446,788
150,000
150,000
--
2,848,273
2,675,749
172,524
7,006,739
6,703,379
303,360
14,477,949
14,092,243
385,706
6,000
2,602
3,398
887,237
868,147
19,090
1,694,544
700,342
994,202
1,000,848
897,848
103,000
2,087,810
598,539
1.489,271
30,159,400
26,688,849
3,470,551
(8,437,616)
(3,520,277) 4,917,339
11,642,491
11,642,491 --
6,636,600
5,493,977 (1,142,623)
(2,643,977)
(2,643,977)
3,992,623
2,850,000 (1,142,623)
(4,444,993)
(670,277) 3,774,716
11,642,491
11,642,491 --
$7,197,498
$10,972,214 $3,774,716
Sam
COUNTY OF HAWAII
Highway Fund
Schedule of Revenues, Expenditures and Changes in Fund Balance -
Budget and Actual (Budgetary Basis)
For the Fiscal Year Ended June 30, 2000
Expenditures
Public safety - traffic engineenng
2.848,273
2,675,749
Variance
Highways and streets
6795,739
6,547,868
Favorable
Health, education & welfare
Budget
Actual
(Unfavorable)
Pension and retirement contnbutions
Revenues
382,319
542,594
Health fund
Taxes
473,865
76,135
Miscellaneous
Fuel tax
$ 5,808,109
$ 6,102,703
5294,594
Public utility franchise tax
4200,000
3,950,274
(249,726)
Total taxes
10,008,109
10,052,977
44,868
Licenses and permits - motor vehicle weight tares
2,450,000
2.728,637
278,637
Intergovernmental
200,000
201,999
1.999
Charges for current services
100,000
42,434
(57,566)
Miscellaneous
39,939
72,609
32,670
Total revenues
12,798,048
13,098,656
300,608
Expenditures
Public safety - traffic engineenng
2.848,273
2,675,749
172,524
Highways and streets
6795,739
6,547,868
247,871
Health, education & welfare
6,000
2,602
3,398
Pension and retirement contnbutions
924,913
382,319
542,594
Health fund
550,000
473,865
76,135
Miscellaneous
375,014
362,124
12,890
Total expenditures
11.499,939
10,444,527
1,055,412
Excess of revenues over expenditures
1,298,109
2,654,129
1,356,020
Other financing uses - operating transfers out
Capital Projects Fund
(2,508,109)
(2.508,109)
--
Excess (deficiency) of revenues over expenditures
and other uses
(1,210,000)
146,020
1,356,020
Fund balance at beginning of year
3,817,583
3.817,583
--
Fund balance at end of year
$ 2,607,583
$ 3.963.603
S 1,356,020
ME
COUNTY OF HAWAII
Parking Meter Fund
Schedule of Revenues, Expenditures and Changes in Fund Balance -
Budget and Actual (Budgetary Basis)
For the Fiscal Year Ended June 30, 2000
Revenues
Charges for current services - highways and streets
Fund balance at beginning of year
Fund balance at end of year
RIM
Variance
Favorable
Budget Actual (Unfavorable)
$ -- $17,931 $ 17,931
16,678 16,678 --
S16,678 534,609 $17,931
COUNTY OF HAWAII
Sewer Fund
Schedule of Revenues, Expenditures and Changes in Fund Balance -
Budget and Actual (Budgetary Basis)
For the Fiscal Year Ended June 30, 2000
Revenues
Charges for current services - sewer fees
Miscellaneous
Total revenues
Expenditures
Sanitation
Pension and retirement contributions
Health fund
Miscellaneous
Total expenditures
Excess (deficiency) of revenues over expenditures
Other financing sources
Operating transfer in - General Fund
Excess (deficiency) of revenues and other sources
over expenditures
Fund balance at beginning of year
Fund balance at end of year
902
Variance
Favorable
Budget
Actual
(Unfavorable)
$4,430,509
54,825,076
$ 394,567
100
141.532
141.432
4,430,609
4,966,608
535,999
4,272,805
4,162,732
110,073
381,746
129,694
252,052
155,791
132,580
23,211
1,496,296
83,294
1,413,002
6,306,638
4,508,300
1,798,338
(1,876,029)
458.308
2,334,337
232,735
232,735
--
(1,643,294)
691,043
2,334,337
4,258,408
4,258,408
--
$2,615,114
$4,949,451
$2,334,337
902
COUNTY OF HAW all
Bikeway Fund
Schedule of Re%enues, Expenditures and Changes in Fund Balance -
Budget and Actual (Budgetary Basis)
For the Fiscal Year Ended June 30, 2000
Variance
Favorable
Budget Actual (Unfavorable)
Revenues
Licenses and permits - bicycle tax
$19,000
581,622
$62,622
Intergovernmental
77,000
74,847
(2,153)
Total revenues
96,000
156,469
60,469
Expenditures - highways and streets
96,000
84,847
11,153
Excess of revenues over expenditures
--
71,622
71,622
Fund balance at beginning of year
70,489
70,489
--
Fund balance at end of year
$70,489
$142,111
571,622
COUNTY OF HAWAII
Cemetery Fund
Schedule of Revenues, Expenditures and Changes in Fund Balance -
Budget and Actual (Budgetary Basis)
For the Fiscal Year Ended June 30, 2000
Revenues - miscellaneous - sale of cemetery plots
Fund balance at beginning of year
Fund balance at end of year
Variance
Favorable
Budget Actual (Unfavorable)
$ I1,000 $14,500 $3,500
37,950 37,950 --
$48,950 $52,450 $3,500
COUNTY OF HAWAII
Vehicle Disposal Fund
Schedule of Revenues, Expenditures and Changes in Fund Balance -
Budget and Actual (Budgetary Basis)
For the Fiscal Year Ended June 30, 2000
Variance
Favorable
Budget 4ctual (Unfavorable)
Revenues
Licenses and permits- vehicle disposal fee
$436,187
5510,236
S 74,049
Charges for services - towing charges
100
250
150
Miscellaneous
100
135
35
Total revenues
436,387
510,621
74,234
Expenditures
Sanitation
657,202
597,392
59,810
Pennon and retirement contributions
2,874
2,874
--
Health fund
1,812
1,812
--
Miscellaneous
500
--
500
Total expenditures
662,388
602,078
60,310
Deficiency of revenues over expenditures
(226,001)
(91,457)
134,544
Fund balance at beginning of year
523,574
523,574
--
Fund balance at end of year
$297,573
5432,117
$134,544
COUNTY OF HAWAII
Solid Waste Fund
Schedule of Revenues. Expenditures and Changes in Fund Balance -
Budget and Actual (Budgetary Basis)
For the Fiscal Year Ended June 30, 2000
Variance
Fallorable
Budge Actual (Unfavorable)
Revenues
Intergovernmental $ 241,000 $ 241,000 $ --
Charges for services - tipping fees 1615,000 3,063,508 448,508
Miscellaneous -- 92 92
Total revenues 2,856,000 3,304,600 448,600
Expenditures
Sanitation
9,547,942
9,332,119
215,823
Pension and retirement contributions
298,243
143,476
154,767
Health fund
223,438
221,809
1,629
Miscellaneous
200,000
153,044
46,956
Total expenditures
10,269,623
9,850,448
419,175
Deficiency of revenues over expenditures
(7,413,623)
(6,545,848)
867,775
Other financing sources - operating transfers in
General Fund
6,092,623
4,950,000
(1,142,623)
Deficiency of revenues and other sources
over expenditures
(1,321,000)
(1,595,848)
(274,848)
Fund balance at beginning of year
2,168,437
2,168,437
Fund balance at end of year
$ 847,437
$572,589
($274,848)
0
COUNTY OF HAWAII
Golf Course Fund
Schedule of Revenues, Expenditures and Changes in Fund Deficit -
Budget and Actual (Budgetary Basis)
For the Fiscal Year Ended June 30, 2000
Variance
Favorable
Budget Actual Unfavorable
Revenues
Charges for services $828,740 $838,787 $ 10,047
Miscellaneous -- 91 91
Total revenues 828,740 838,878 10,138
Expenditures
Culture and recreation
887,237
868,147
19,090
Pension and retirement contributions
86,768
41,979
44,789
Health fund
69,807
67,782
2,025
Miscellaneous
16,000
77
15,923
Total expenditures
1,059.812
977,985
81,827
Deficiency of revenues over expenditures
(231,072)
(139,107)
91,965
Other financing sources (uses)
Operating transfers in - General Fund
311,242
311,242
--
Operating transfers out- General Fund
(135,868)
(135,868)
Total other financing sources
175,374
175,374
--
Excess (deficiency) of revenues and other
sources over expenditures and other uses
(55,698)
36,267
91,965
Fund deficit at beginning of year
(60,412)
(60,412)
--
Fund deficit at end of year
($116,110)
($24,145)
S 91,965
-91-
COUNTY OF HAWAII
Geothermal Relocation Revolving Fund
Schedule of Revenues, Expenditures and Changes in Fund Balance -
Budget and Actual (Budgetary Basis)
For the Fiscal Year Ended June 30, 2000
Revenues - miscellaneous - geothermal royalties
Expenditures - general government
Deficiency of revenues over expenditures
Fund balance at beginning of year
Fund balance at end of year
-92-
Variance
Favorable
Budget
Actual
(Unfavorable)
$150,000
5132,747
(51-,253)
150,000
150,000
--
--
(17,253)
(17,253)
456,783
456,783
$456,783
$439,530
(517,253)
-92-
COUNTY OF HAWAII
Beautification Fund
Schedule of Revenues, Expenditures and Changes in Fund Balance -
Budget and Actual (Budgetary Basis)
For the Fiscal Year Ended June 30. 2000
Variance
Favorable
Budget Actual (Unfavorable)
Revenues - licenses and penntts - highway
beautification
$115,000
$127,562
S 12,562
Expenditures - highways and streets
115.000
70,664
44.336
Excess of revenues over expenditures
--
56,898
56,898
Fund balance at beginning of year
353,001
353,001
--
Fund balance at end of year
$353,001
$409,899
556,898
-93-
This page intentionally left blank
-94-
DEBT SERVICE FUNDS
INTEREST FUND - Used to accumulate moneys for payment of interest on general
obligation bonds Moneys required to service interest maturities are transferred annually
from the General Fund
BOND REDEMPTION FUND - Used to accumulate moneys for the 1978 Sinking Fund
and for payment of general obligation bonds Moneys required to retire the bonds and
service the Sinking Fund are transferred from the General Fund one year in advance of
maturity
1978 SINKING FUND - Used to accumulate moneys for a sinking fund for the 1978
Series general obligation bonds Contributions to the Sinking Fund, which are
determined by the bond ordinance, are transferred from the Bond Redemption Fund on
established due dates
COUNTY OF HAWAII
Debt Service Funds
Combining Statement of Revenues, Expenditures and Changes in Fund Balances
For the Fiscal Year Ended June 30. 2000
(With comparative totals for the fiscal year ended June 30, 1999)
Revenues - interest
Expenditures
Interest and finance charges
Principal retirement
Total expenditures
Excess (deficiency) of revenues
over expenditures
Other financing sources (uses)
Operating transfers to -
General Fund
Operating transfers out -
General Fund
Total other financing
sources (uses)
Excess (deficiency) of revenues
and other sources over
expenditures and other uses
Fund balances at beginning of year
Residual equity transfer out
Fund balances at end of year
General
Obligation Bonds
Bond 1978
Interest Redemption Sinking
Fund Fund Fund
Totals
2000 1999
S -- S S 358,563 $ 358,563 S 933,519
7,693,992 -- 7,693,992 7,481,465
-- 8,688,267 8,688,267 7,793,319
7,693,992 8,688,267 16,382,259 15,274,784
(7,693,992) (8,688,267) 358,563 (16,023,696) (14,341.265)
7,767,485 9,370,584 17,138,069 15,671,273
(358,563) (358,563) (3,418,119)
7,767,485 9,370,584 (358,563) 16,779,506 12,253,154
73,493 682,317 -- 755,810 (2,088,111)
42,059 9,102,816 8,702,013 17,846,888 19,934,999
-- -- (8,702,013) (8,702,013) --
$ 115,552 $9,785,133 S -- $9,900,685 $17,846,888
.M
CAPITAL PROJECTS FUNDS
CAPITAL PROJECTS FUND - Used to account for the costs of construct tng County
capital improvements financed with general obligation bond proceeds, federal and state
grants, and general and special revenue fund revenues
IMPROVEMENT DISTRICT NO 17 - Used to account for the costs of construction of
improvements in Improvement District No 17, Kaloko Subdivision The improvements
were financed with the proceeds of the sale of special assessment bonds
COUNTY OF HAWAII
Capital Projects Funds
Combining Balance Sheet
June 30, 2000
(With comparative totals for June 30, 1999)
Assets
Cash and investments
Cash and cash equivalents
Investments
Total cash and investments
Receivables
Due from other governments
State of Hawaii
Federal government
Total due from other governments
Due from other funds
Private contributions receivable
Total receivables
Restricted assets --cash and cash equivalents
Total assets
Capital
Projects
Fund
$ 4,368,358
47,200,000
51,568,358
102,815
3,082,200
3,185,015
126,404
2,015
3.313,434
1,587
$54,883,379
Improvement
District
No 17
Totals
2000 1999
$838,540 S 5,206,898
S11,609,393
47,200,000
13,550,000
838,540 52,406,898
25,159,393
102,815
102,815
3,082,200
3,264,479
3,185,015
3,367,294
126,404
223,602
2,015
2,015
3,313,434
3,592,911
1,587
231,520
$838,540 $55,721,919
528,983,824
Liabilities and Fund Balances
Liabilities
Wan -ants payable
S 1,149,285
$
$ 1,149,285
$ 783,254
Accounts payable
2,294,804
2,294,804
1,200,181
Due to other funds
122,994
122,994
7,613
Deferred intergovernmental revenue
534,504
534,504
317,838
Other
1,587
1,587
110,253
Total liabilities
4.103,174
4,103,174
2,479,139
Fund balances
Reserved for
Encumbrances
15,481,371
15,481,371
11,747,779
Unexpended allotments
14.275,167
837,469
15,112,636
5,939,855
Total reserved fund balance
29,756,538
837,469
30,594,007
17,687,634
Unreserved
Designated for
Road repairs
3,928,183
3,928,183
2,550,384
Development impact
1,020,806
1,020,806
543,169
SRF projects
338,599
338,599
939,259
Total designated fund balance
5,287,588
5,287,588
4,032,812
Undesignated
15,736,079
1,071
15,737,150
4,784,239
Total fund balances
50,780,205
838,540
51,618,745
26,504,685
Total liabilities and fund balances
$54.883,379
$838,540
$55,721,919
$28,983,824
-97-
COUNTY OF HAWAII
Capital Projects Funds
Combining Statement of Revenues, Expenditures and Changes in Fund Balances
For the Fiscal Year Ended June 30, 2000
(With comparative totals for the fiscal year ended June 30, 1999)
ME
Capital
Improve
Totals
Projects
District
Fund
No 17
2000
1999
Revenues
Intergovernmental
S 5,810,824
$ --
$ 5,810,824
S 7,981,710
Interest
2,166
2,166
6,893
Miscellaneous
Developer's contributions
532,407
--
532,407
14,478
Other
--
861
861
21,523
Total revenues
6,345,397
861
6,346,258
8,024,604
Expenditures
General government
648,553
--
648,553
452,123
Public safety
595,499
595,499
718,931
Highways and streets
9,213,894
9,213,894
13,562,803
Sanitation
5,221,927
5,221,927
4,354,868
Culture and recreation
3,429,247
--
3,429,247
6,163,084
Miscellaneous
50,000
1,827
51,827
9.718
Total expenditures
19 159,120
1,827
19,160,947
25,261,527
Deficiency of revenues over
expenditures
(12,813,723)
(966)
(12,814,689)
(17,236,923)
Other financing sources (uses)
State Revolving Fund loans
5,530,217
--
5,530,217
1,324,602
Proceeds from sale of bonds
29,877,561
29,877,561
--
Proceeds from sale of refunding bonds
18,775,575
18,775,575
Payment to refunded bond escrow agent
(18,775,575)
(18,775,575)
--
Operating transfers in
Highway Fund
2,508,109
2,508,109
2,547,997
Sewer Fund
--
--
150,000
Park Dedication Fund
12,862
12,862
--
Total other financing sources (uses)
37,928,749
37,928,749
4,022,599
Excess (deficiency) of revenues and other
sources over expenditures and other uses
25,115,026
(966)
25,114,060
(13,214,324)
Fund balances at beginning of year
25,665,179
839,506
26,504,685
39,719,009
Fund balances at end of year
$50,780,205
$838,540
$51,618,745
$26,504,685
ME
COUNTY OF HAWAII
Capital Projects Fund
Schedule of Appropnations, Expenditures and Encumbrances -
Budget and Actual (Budgetary Basis)
For the Fiscal Year Ended June 30, 2000
Authorizations
Encumbrances
Lapsed
Protect Tale
Forwarded
Appropriations
Total
Expenditures
Ercumbrances
Balances
Public Safety
Fire
HPP Volunteer Fire Station Water
S -
S 1 000,000
E 1 000.000
S --
S 1,000,000
5 --
Central Fire Station Hose Tower
96 000
--
96 000
63 200
--
32,800
Wainiea/Central Fire Station Retrofit
87.539
--
87,539
62 916
--
24 623
Total Fire
183.539
1 000,000
1 183,539
126.116
1.000 000
57 423
Police
Police Air Duct Removal
154 950
--
154,950
115,816
39,134
--
Public Safety Air Conditioning Rermftt
--
300,000
300,000
--
300,000
Public Safety Complex Cellblock
--
352,000
352 000
--
352 000
--
Kona Police Station Air Conditioning Retrofit
--
100,000
100.000
--
100,000
--
Kealakehe Refueling Station
--
300,000
300 000
--
300 000
-
Islandwide Communication Tower Replacement
25,763
--
25 763
--
25 763
-
Total Police
180,713
1.052 000
1 232,713
115 816
1,116 897
Flood Control
Waiakea Stream BMP Project - Federal Funds
90,000
--
90,000
75 395
14 605
-
Alcnato Stream Flood Control
--
24 000
24,000
23 100
900
-
WallukulAlenaioWatershed- Federal Funds
--
3,381,000
3381,000
--
3,381,000
-•
Upper Waiakea Stream Flood Control
--
900,000
900,000
53
899 947
--
East Hawaii Drainage Irnprovemerrin
213,851
--
213 851
203 874
--
9 9-7
North Kona Drainage Improvements
13 160
-
13,160
13,160
--
--
North Kona Flood Control Phases I & 2
--
1,400,000
1.400,000
-
125,000
1 275,000
Tota] Flood Control
317,011
5705,000
(,022.011
315.582
3,421.452
1,284 977
Total Public Safety
681 263
7 757 000
8,438,263
557 514
6,538 349
1 342 400
Highways and Streets
South Kopua Road
--
118,465
118,465
--
1,300
11-11 165
Puna HighwayTrat7ic Division Projects
237,018
--
237 018
237,018
--
--
Nanawale Estates Road Improvements
106,657
--
106 657
89,818
--
16,839
Puna Highway Infrastructure - Federal Funds
493'041
--
493,700
58,310
435,390
--
Puna Emergency Access Road
9,394
--
9,394
3.531
--
5 863
Puna Highway Frac Division Projects
29 862
--
29,862
29.862
-
-
Puna Highway Infrastructure - Federal Funds
250.000
--
250,000
58,892
191.108
--
Puna Local Road Improvements
-
615,000
615,000
856
614,144
--
Highway 137 Realignment
--
1,500,000
1,500000
31,179
1,468,821
--
Highway 137 Realignment -Federal Funds
--
500.000
500,000
10.393
489,607
--
Various Puna Road • Federal Funds
--
1 500.000
t.500.000
400
1,499,600
-
Old Volcano Road - Private Funds
8,060
-
8,060
--
--
8,060
Puna Emergency Access Road
53,443
-
53 443
53,443
-
--
Saddle Road/Kaumana Drive Curve Improvements
-
250.000
250,000
8,977
241.023
-
South Hilo Traffic Signal Upgrade - Federal Funds
1.834,001
--
1 834,001
121,136
1.712 865
--
HononriL,MalnalaboaBndge
--
400000
400,00
--
400000
--
South Hilo Local Road improvements
672,000
--
672,000
163,010
508.990
--
COUNTY OF HAWAII
Capital Projects Fund
Schedule of Appropriations, Expenditures and Encumbrances -
Budget and Actual (Budgetary Basis)
Proiect Tnlc
Highways and Streets (continued)
Puainako Street Extension
Hoomana/Malanat'Spring Streets
Ululam Street
Ululani Street
Kawailani/PonahawaVAinaola'Iwalani Streets
Mohouli Extension
Mohouli Extension - Federal Funds
Mohouli Extension - Federal Funds
Mohouli Extension
Mohouli Extension
Haaheo School Sidewalks
H9npmWMamalahoa Bridge - Federal Funds
Onomea Camp Road Bridge - Federal Funds
Kapiolam/Ululam Reconstruction
Lanikaula-Manono Traffic Signal
Lanikaula-Manono Traffic Signal - Federal Funds
Komohana Bridge - Federal Funds
Komohana Bridge
Kaahakim Bridge - Federal Funds
Kaahakini Bridge
Reeds Island Bridge - Federal Funds
Reeds Island Bridge
Mohouli Street Improvements
Kawadani,,Pohakulani/Amaolwlwalani Streets
Honomu/Mamalahoa Bridge - Federal Funds
HommMa,2ht2nialahoa Bridge
Kalaoa/Mamalahoa Bridge - Federal Funds
Onomea Camp Road Bridge - Federal Funds
Onomea Camp Road Bridge
Hilo Road Improvements Phase III - Federal Funds
Komohana/Ponahawai Signal - Federal Funds
Saddle Road Resurfacing
Mohouli Street Extension
Hilo Road Improvements
Hilo Road Improvements Phase III
Kapiolam Street
Kaumana Drainage Improvements
Haaheo School Sidewalk Improvements
Hilo Road Improvements Phase 111 - Federal Funds
Waiakea Houselots Resurfacing
Kaahakmi Bridge Rehabilitation
Mohouli/Komohana-Kilauea - Fedenl Funds
Kilwallam/Pol akulan✓Alnaola - Federal Funds
KawadanvPohaku Ian i'A i naola
KalopwMamalahoa Bridge - Federal Funds
Ki lopa'Manialahoa Bridge
OpeaMamalahoa Bridge - Federal Funds
Waikaalulu/Mamslaho t Bridge - Federal Funds
For the Fiscal Year Ended June 30 2000
Authorizations
999
Encumbrances
Forwarded Appropriations Total Expenditures Encumbrances
--
200 000
200,000
31.756
168.244
34.519
(21.482)
13,037
13,037
--
16,780
--
16,80
16,780
--
266,861
--
266 861
257 851
9 010
--
250,000
250.000
--
250,000
--
1000,000
1,000000
--
1,700000
3,584,858
--
3,584,858
25.168
3,559,690
--
6313,100
6 313 100
4 601
6 308 499
--
980,000
980,000
-
980 000
91.691
--
91691
26,513
65.178
58.224
--
58224
56,174
--
-
1300.000
1.300,000
--
1,300000
--
425.000
425.000
-
725 000
--
88 321
88,321
--
88.321
27,852
--
27,852
(7,200)
27852
565.000
--
565.000
103
564,897
148,022
--
148.022
37,091
110,931
9,808
--
9 808
5 046
4,762
587 090
--
587 090
286
S86804
22 000
--
22 000
--
22 000
1,947,346
--
1,947,346
23572
1,923,774
380,653
--
380,653
4.037
376 616
224 783
--
224,783
18,044
206,739
44164
--
44164
7101
37,063
35,587
--
35587
6,179
29,408
4,089
4089
1,228
2,861
107,068
-
107,068
97
106,971
27,463
--
27,463
3,539
23.924
1456
--
1456
259
1 197
53,234
--
53 234
15.846
37,388
1,058,438
--
1,058438
57,000
18952
134,625
--
134.625
--
1,420000
--
1,420000
83.452
1,336,548
120,000
--
120 000
56
119.944
573821
--
573821
269,074
11,879
899,516
--
899516
823,101
76,415
65,927
(19 448)
26 479
26 479
--
30,861
(21 391)
3,470
3.470
3412214
--
3.412,214
1,270,566
2 141,648
125,000
--
125 000
125,000
--
--
135,000
135.000
--
135,000
3,200,000
--
3,200.000
--
3 200,000
1,500,000
--
1500,000
--
1500,000
50 000
--
50 000
--
50 000
783,854
--
783 854
14.806
769,048
7,284
--
7 284
3,578
3,706
563,569
--
563 569
129
563,440
811,863
-
811 863
4408
807,455
- 100 -
(Continued)
Lapsed
Balances
2050
7,200
982.486
134,625
292,868
COUNTY OF HAWAII
Capital Projects Fund
Schedule of 4ppropriations, Expenditures and Encumbrances -
Budget and Actual (Budgetary Basis)
For the Fiscal Year Ended June 30, 2000
(Connnued)
Authonzanons
101-
Encumbrances
Lapscd
Protect Title
Forwarded
4ppr6nn2lIOn5
Total
Expenditure;
Encumbrances
Balance
Highways and Street (continued)
Watkaalulu/Mamalahoa Bndge
13,817
--
13817
1,102
12,115
-
Inomo Bndge Replacement - Federal Funds
60 118
--
00,118
20,989
19,129
Inoino Bndge Replacement
15 402
--
15,402
4,7,90
8.3-4
2 238
Hamakua Highwsyi7rafc Division Projects
5,847
--
5 847
; ol4
--
933
Ahualoa Homestead Road
150,000
-
150,000
--
I50.00n
--
North Hilo Highway/Traffic Division Projects
12 428
-
12,428
11,041
--
1 387
Kalopa/Mamalahoa Bndge Replacement
--
183,000
183.000
--
183 000
--
Opea/Mamalahoa Bndge
-•
156,000
156,000
--
156,000
--
Hamakua Local Road Improvement
--
9.200
9,200
9200
--
-
InornwMarrralahoa Bndge - Federal Funds
--
800 000
800,000
--
800.000
--
Harrakua Wooden Budges and Road Repairs
62,250
--
62,250
--
--
62 250
Kalopa Bypass/Sand Gulch
1,000
--
1 000
--
--
1 000
Mamalahoa/Watmea Town
353 916
--
353 916
133,905
91.560
128 451
Mamalahoa/Waimea Town
113,493
--
113,493
104.407
--
9 086
Lindsey Road Improvement - Federal Funds
2,183.157
--
2,183 157
200 471
1 982.686
-
Lindsey Road lmprovcment
48,795
--
48,395
--
48 395
--
Noah Kohala Highway!lraf c Division Project
22,078
-
22,078
22,078
--
--
South Kohala Highway/Traffic Division Project
29,450
--
29 450
29,450
--
--
Marralahoa il-indsey-Kamamalu
15,273
--
15,2713
14,943
-
330
North Kohala Highwayfrrafc Division Project
36.492
--
36492
36492
--
--
Karrtamalu Street
57,256
--
57,256
9 956
--
4'300
Mamalahoa/Lrndsey-Kamamalu - Federal Funds
793,638
--
'93 638
509,034
284,604
-
North Kohala Highway?raft Division Project
632
-
632
632
--
-
Watkoloa Road Improvement - Federal Funds
1,191,958
--
1,191,958
635.56'
556,391
--
Waikoloa Road Shoulder Improvement
300,000
--
300,000
156.263
58,999
84,738
Manalahoa•'Lrndsey-Kartartaln - Private Funds
70 828
--
70,828
25 456
45 372
--
Waikoloa Road Improvement - Federal Funds
7G0,000
--
760,000
--
760.000
--
Mamalahoa/Lindsey-Kamamalu- Federal Funds
1000000
--
1,000,000
332132
667,868
--
Manalahoa/Lindsey-Kamamalu
150,000
--
150.000
22266
127'34
--
North Kohala Local Road Irrrprovement
--
93,000
93,000
--
93 000
--
South Kohala Local Road Improvement
--
163'50
163'50
113 750
50,000
--
Lindsey Road improvement
--
451,000
451,000
37 754
413 246
--
North Kona Local Road Improvement
--
281,000
281,000
281 000
--
--
South Kona Local Road Improvement
--
121.000
121 000
93,371
27,629
--
Marralahoa Highway (Waiaha) - Federal Funds
--
1200,000
1,200 000
22 379
1,17' 621
-
Kahalui-Keauhou Parkway - Federal Funds
--
14 000,000
24 000 000
2.123
23 997,877
--
Kahalut-Keauhou Parkway
--
500,000
500.000
53.139
440,861
--
Alit Drive DesigNAmh Study - Federal Funds
1 036 864
--
1.036,964
681 607
355.257
--
Alit Highway - Pnvate Funds
154 993
--
154.993
136,941
18,052
--
Kaloko/Mamalahoa Hwy - Private Funds
48 000
--
48 000
-•
48,000
--
Napoopoo/MamalahoaHwy- Pnvate Funds
161,250
-
161.250
--
161,250
--
Kuakmi/Palani Road - Hualalar
7,465--
7 465
7 465
-
--
Kona Road Improvement - Federal Funds
19,844
--
19 844
320
--
19,524
Kona Road Improvement Phase Il
1,702
--
1.702
1.702
--
--
Kuakiru Highway Improvement
6,569
-
6,569
6.569
--
Palam Road Sidewalks
4,168
--
4.168
1,379
--
2 789
Alit Drive Bikeway Extension
29 451
-
29.451
6.143
--
23 308
Alit Dnve Bndge Replacement
20.625
--
20,625
12,916
7 709
101-
COUNTY OF HAWAII
Capital Projects Fund
Schedule of Appropriations, Expenditures and Encumbrances -
Budget and Actual (Budgetary Basis)
For the Fiscal Year Ended June 30, 2000
(Cominued)
Authorizations
-IO2-
Encumbrances
Lapsed
Protect Title
Forwarded
Appropriations
Total
Expenditures
EncumDrances
Balances
Highways and Streets (continued)
Alit Drive Bridge Replacement - Federal Funds
433.037
--
433,037
54.387
378,650
-
Kona Road Improvements Phase 11 - Federal Funds
2,288.719
--
2,288 719
69,001
--
2.219.718
Alit Drive Shoreline Protection
24,000
--
24 000
--
--
24 000
Mamalahoa Highway Improvements
270 460
--
270,460
-
108.660
161 800
Kona Road Improvements
110,294
--
110.294
7,516
102,778
--
Kona Road Improvements Phase 111
262,274
--
262 274
8,754
172742
80 778
Kona Road Improvements Phase If
777,600
--
777 600
4,069
--
771 531
South Kona HighwayTtaRc Division Projects
234 013
--
234 013
233,762
-
251
Kona Road Improvements Phase II
198 134
--
198 134
..
--
198 134
South Kona Highway.TratTtc Division Projects
446
--
446
--
--
446
Kuakim Highway/Paiani-Kualalat
155 000
--
155 000
170
154 830
Ka'u HighwayrrnlFic Division Projects
419
--
419
419
-
Kau Highwny/rraf is Division Projects
220 687
--
220 687
220,687
--
--
Ka'u Highway/Traffic Division Projects
98,112
--
98 112
98 112
--
-
Seismic Bridge Retrofit - Federal Funds
252,000
--
252 000
--
252 000
-
Island -wide Right-of-way Land Acquisition
31,830
--
31 830
13.847
17,983
--
Maniente/KaiwikiBndge- Federal Funds
1.624,000
--
1,624000
--
1:,24,000
--
Oshiro and Other Bndges
1,848,822
--
1,848.822
54,163
1,794659
--
Bridge Replacement Program
556,666
--
556.666
21,357
194,159
141 150
Bridge Inspection, Maintain, Repair
250,000
--
250 000
--
--
250,000
Seismic Bridge Retrofit
--
63,000
63,000
--
63,000
--
Island-wide Right-of-way land Acquisition
--
25,000
25 000
4,087
20,913
--
ADA Compliance - Curb Cuts
--
200,000
200 000
166,517
33 483
-
Bridge Inspection"Appraisal - Federal Funds
37,463
-
37 463
4 602
32.861
--
Total Highways and Streets
45,301 990
43 732,515
89 034 505
8.800,148
74,434 059
5 800 298
Sanitation and Waste Disposal
Solid Wute Disposal
Hilo Landfill Closure
1.792
--
1 792
-
1,792
--
Landfill Closure
242,983
--
242 983
51.077
53,368
138.538
Hilo Landfill Closure
4,989
-
4,989
--
2.340
2 649
Katlua Landfill Closure
20.562
--
20 562
--
20 427
135
Keauhou Transfer Station
116,730
--
116730
105,491
10,889
350
Hilo C&D Landfill
--
70,000
70000
--
70.000
--
Total Solid Waste Disposal
387,056
70000
457056
156568
158.816
14:6-2
Sewers
Kapoho Wastewater System
100,000
--
100000
--
--
100,000
Hilo STP DemobtwniRehabilitatwn
23,943
-
23 943
16,541
7,402
--
Papaikou Collector Sewer
24,150
-
24150
24,150
--
-
Banyan Drive SPS Rehabilitation
4,515
--
4 515
2,007
2,508
--
Amako Interceptor Sewer A&B - SRF
115,502
--
115 502
104.906
10 596
--
W'atakea Pond Sewer Eueme it Improvements
3,132
--
3 132
3.132
--
--
Kamehamcha Avenue Sewer Rehabilitation
173,433
--
173,433
47,525
125,908
--
Pauku Collector Sewer - SRF
1,172 563
--
1,172 563
1 156 779
15,784
--
WatakeaHouselotCollectorSewer - SRF
2.623.673
--
2,623.673
2,310.571
313,102
--
-IO2-
COUNTY OF HAWAII
Capital Projects Fund
Schedule of Appropnanons, Expenditures and Encumbrances -
Budget and Actual (Budgetary Basis)
Protect Title
Sanitation and Waste Disposal (continued)
Sewers (continued)
Ain iko-Aura Nam Subdivision Sewer
Puueo Collector Sewer
Paukaa Collector Sewer
Houselots Collector Sewer Phase 11
Wailoa Force Main Replacement
Wailuku Sewage Pump Station
Paukaa Collector Sewer - SRF
Warakes Houselois Collector Sewer - SRF
Ainako Interceptor Sewer - SRF
Hilo STP DemolinoniRehabditauon
Banyan Drive SPS Rehabilitation
Kamehameha Avenue Sewer Rehabilitation
Kaumana Gardens Sewer
Papaikou Collector System
Paukm Sewer Collector System - SRF
Puako Wastewater System
Kealakehe Wastewater Treatment Plant
Kealakehe Effluent Disposal - State Funds
Alii DnveiWaiaha Pump Station
Waraha Bay SPS - SRF
Alii Drive Interceptor Sewer - A&B - SRF
Kealakehe Wastewater Treatment Plant Expansion
Alit Drive Interceptor Sewer - FBF - SRF
Holualoa Bay SPS
Sewer Facility Rehabilitation
Waraha Bay SPS - SRF
Kealakehe Sewage Enluent Disposal
Pahoehoe SPS - SRF
Ain Drive Sewer/Waiaho Pump Station
Alit Drive Interceptor Sewer - E&F
Holualoa Bay SPS - SRF
Disappearing Sands SPS - SRF
Ali Drive Interceptor Sewer C&D - SRF
Huard Mitigation for Wastewater - FEMA Funding
Hazard Mitigation for Wastewater - DBED Funding
Hazard Mitigation for Wastewater - ERF Funding
Huard Mitigation for Wastewater
Alit Drive Sewer Projects
For the Fiscal Year Ended June 30, 2000
Authorization,
1990
Encumbrances
Forwarded Appropriations Total Expenditures
--
300,000
300,000
--
100 000
100 000
165 221
--
165,.2.21
24.173
--
241'3
150 000
--
150 000
300 000
100,000
400,000
--
175,933
175,933
-
428,466
428 466
--
119,119
119,119
-
589,000
589 000
-
199,634
199,634
9,640
--
9,640
43,427
--
43 427
2,805
-
2,805
190 233
--
190,233
100,000
(63,000)
37,000
93,863
--
93,863
96,139
--
96,139
33,343
--
33,343
1688
--
1,688
111 772
--
113 772
393,432
--
393,432
354,634
-
354,634
45 000
--
45 000
28,986
--
28,986
2,576
--
2,576
695,494
200,000
895 494
--
1,000,000
1000000
119,706
-
119,706
61856
--
61,856
404 175
--
404,175
2,000,000
--
2000.000
9,288
--
9,288
293,785
--
293,785
9 500
--
9,500
150.000
--
150,000
346.715
--
346 715
37,568
--
;7568
142 276
24,173
176,448
7 465
2,805
146.987
16.008
5,539
113772
73 682
45,000
11,712
84.422
50.296
16,133
286,267
87,500
1
IC onunued)
Lapsed
E icumbrances Balan,es
300,000
100,000
(6 948
150 000
400 000
75,933
252 018
111.654
589,000
199,634
9,640
43,427
43,246
57.855
96,139
2',804
1 688
319 750
209 572
17 274
2,576
737 582
1,000,000
69,005
61 856
1,983,867
9 288
7 518
62,500
340,714
17 sr.a
Total Sewers
10,517,920
3 149,152 13.667 072
4,976,097
7,915 356
Total Sanitation and Waste Disposal
10 904 976
3,219,152 14,124,128
5,132,665
8,074,172
Culture and Recreation
Kalapana Community Facility Improvement
174
-- 174
--
--
Pohoiki Park Improvements
18 746
-- 18.746
18,746
--
Puna Parks
5 916
- 5,916
--
5,916
Keaau Park Ballpark,'rennis Lights
3,000
-- 3000
--
3 000
- 103 -
,000
145 062
73 48U
4U5
404 1-5
9 500
7'5619
917 291
174
Project Title
COUNTY OF HAWAII
Capital Projects Fund
Schedule of Appropriations, Expenditures and Encumbrances -
Budget and Actual (Budgetary Basis)
For the Fiscal Year Ended June 30, 2000
iConlinued)
Aulhonzahons
1999
Encumbrances
Lapsed
Forwarded Appropriations Total Expenditures Encumbrances Balances
Culture and Recreation (continued)
Hawaiian Beaches Soccer Field
5 000
19 800
24 800
--
24,800
--
Ahalamn Beach Park Improvements
--
450 000
450 000
--
--
450 000
Pohoikr Beach Park Expansion
101,977
127,500
229 477
80 575
122,205
26 697
Cooper Center Outdoor Court
323,233
--
323233
11813
111,420
Volcano Park Multi -Purpose Court
--
300 000
300,000
--
300,000
--
Pohoiki Park Improvements
--
182 000
182 000
--
182 000
--
Ahalahui/Pohoiki Park Improvements - FEMA
--
1 020 330
1,020 330
--
1,020,330
--
Panaewa Zoo Facility Improvements
11,985
--
11 985
11,985
-
_
Park Improvements - District 2
27 364
--
27 364
15,544
11.820
--
Keaukaha-Panaewa Gym Planning
250 000
--
250 000
124,408
25,592
Kawananakoa/Hualani Gym
38.514
--
38,514
38,514
--
--
Hilo Municipal Golf Course Improvements
--
65 352
65,352
37 660
27,690
2
Council District 4 Park Improvements
27 997
--
27 997
27,997
--
--
Civic Auditorium Improvements
21 138
--
21 138
21,138
--
--
Kawamoto Swim Stadium
13,267
-
0 267
92
7,550
5 625
Hilo Bayfront Park Improvements
222,964
--
222 964
218,432
4 500
32
Kawamoto Swim Stadium
2040
-
2,040
--
2.040
--
Council District 3 Park Improvements
55,500
-
55 500
501
54,999
--
Council Dismct 2 Park Improvements
--
15,000
15.000
2,060
1289,
43
Council District 4 Park Improvements
--
37,500
37 500
20,700
16,800
Downtown Hilo Landscaping
36,041
--
36 041
36,040
--
1
Kcaukaha-Panaewa Gym Plan
4,783
995,217
1,000.000
6,600
1,93,400
Hoolulu Park Expansion
54,578
125,200
179 778
48,877
130.901
--
Lcleiwi Beach Park
--
100.000
100 000
2,369
97,631
--
Waiakea Peninsula Improvements
721,384
--
721,384
663,972
57,412
-
Seven Seas Luau House Improvements
20 085
219.100
239 185
18,445
220,740
--
Kawannoto Swim Stadium
--
350 000
350 000
405
'.9 595
--
Wainaku Gm improvements
--
100,000
100000
32.084
67,916
--
KawananakowHualani Park
--
1 000.000
1 000.000
--
1 000,000
--
Panaewa Zoo Improvements
--
250,000
250,000
66,312
183,688
--
Hilo Bay Recreational Complex
-
1,500,000
1,500,000
475,137
1,024 863
--
Keaukaha Park - Hawaiian Homes
-
150.000
150.000
--
150 000
-
Amaola Park Equipment - Park Dedication Fund
--
12,862
12,862
--
12,862
--
Walter Victor Stadium
--
80,000
80,000
475
79,525
--
Onekahakaha Beach Park
--
120,318
120.318
--
120,318
--
Hilo Bay Recreational Complex
--
-50,000
750 000
--
-50000
--
Seven Seas Luau House Improvements
--
350,000
350000
19,450
330,550
-
Honokaa Swimming Pool Improvements
--
150,000
150.000
--
87,000
63 000
Council Dismct 1 Park Improvements
22,060
--
22,060
20,600
1,460
--
Council District 9 Park Improvements
7,239
-•
7,239
5 040
2087
112
New Waikoloa Park
38,064
--
38,064
31,175
--
6,889
South Kohala Trails and Gremways
52,340
9.200
61,540
14,619
46,921
New Waikoloa Park
4,987
495,013
500,000
40,319
459,681
Waimea Trails and Gmcnways - Federal Funds
283,058
-•
283 058
58,476
24,582
--
Waimea Senior Center Renovation
--
50,000
50000
10,408
39,592
-
Kailua Playground Park
894
-•
894
_
894
--
Kona Gym Showers/Lockers
100,000
--
100,000
35,087
64,913
--
Hookena Park Water Tank
4,366
-•
4 366
4,366
--
_
- 104 -
COUNTY OF HAWAII
Capital Projects Fund
Schedule of Appropriations, Expenditures and Encumbrances -
Budget and Actual (Budgetary Basis)
For the Fiscal Year Ended June 30, 2000
(Concluded)
Authorizations
-105-
Encumbrances
Lapsed
Protect Title
Forwarded
Appropriations
Total
Expenditures
Encumbrances
Balances
Culture and Recreation (continued)
Old Kona Airport Swimming Pool
32,500
--
32.500
32,500
--
--
Kailua Playground Park
17.742
--
17,742
--
11,742
Dis Sands/Pahmhoe'Kahaluu - Private Funds
70.561
--
70,561
1 080
69.481
Kahaluu Park Improvements - Pmate Funds
5,250
--
5,250
--
5 250
-
Kona Swimming Pool
194 486
-
194,486
194,486
--
--
Hookena Beach Composting Toilets
86,947
--
86,947
85.723
1,224
-
Miloli i Beach Composting Toilet
1,702
-
1,702
--
1,702
--
Hale Halewai Repairsilmprovcments
3,000
175.000
178,000
4,850
173,150
--
Kona Swimming Pool
227,818
--
227 818
227,818
--
--
Council District 7 Park Improvements
12 188
6.500
18,688
15,626
3,062
-
Council District 8 Park Improvements
18,117
--
18,117
9,095
6.397
2 o25
Hookers Beach Park Improvements
150,000
--
150,000
123,955
26,045
--
Council District 7 Park Improvements
--
23,192
23.192
17.057
6 135
--
Council District 8 Park Improvements
--
32.063
32,063
5,966
26 096
1
Hale Halewu Repaus'lmprovements
--
446 935
446 935
--
446.935
--
Mdoht Park Restroom Improvements
--
75 000
75.000
4,454
70,546
-
Hookma Park Restroom Improvements
--
125,000
125 000
--
125 000
-
Whittington Park Resnooms
--
50 000
50,000
--
50,000
--
Handicap Barrer Removal
8 354
39,535
47,889
22,461
24 222
1 206
Island -wide ADA Compliance
131,593
--
131,593
39,295
92,298
-
Wastewater System Upgrade
138 422
(120 318)
18.104
--
18,104
--
ADA Compliance
144 336
--
144,336
97,528
56 691
Ill
Repairs to Facilities
40 336
--
40,336
33,767
6 569
--
ADA Compliance
--
2,000,000
2,000000
211
1,999789
-
RCpairs to Facilities
--
500.000
500,000
105,660
394,340
--
Repairs to Facilities
--
500,000
500 000
--
500 000
--
Total Culture and Recreation
3,762046
12.877,299
16 639 345
3,231.953
12 850 868
5s6 524
Miscellaneous
Euu'Wcst Hawaii Once Renovation
3,101 877
--
3,101 877
246,911
2,854,966
--
EastlW'esl Hawaii Office Renovation
200.100
--
200,100
--
200 100
-
Reroof Old Memorial Hospital
-
650 000
650,000
-
650 000
--
East,'West Hawaii Building Repairs
--
310 000
310,000
-
310 000
--
Alae Cemetery Improvements
13 016
--
13 016
5,872
--
1,144
Alae Cemetery Expansion
50,000
--
50,000
50,000
--
--
Ka'u Agricultural Water System - State Funds
500 000
--
500.000
--
500 000
--
Total Miscellaneous
3,864 993
960,000
4,824,993
302.783
4,515 066
' 144
Total Capital Projects Fund
$64.515 268
568.545,966
SI 33,061.234
$18,025,063
S106,412 514
S8623.0-
-105-
This page intentionally left blank
- 106-
PROPRIETARY FUNDS
ENTERPRISE FUNDS
KULAIMANO ELDERLY HOUSING PROJECT - Used to account for the operation of a
housing project for low income elderly persons located north of Hilo Revenues are from
rents collected and federal rent subsidies
OULI EKAHI AFFORDABLE HOUSING PROJECT - Used to account for the operation
of a 33 -unit single-family affordable housing project located in Waimea. Revenues are
from rents collected
COUNTY OF HAWAII
Enterprise Funds
Combining Balance Sheet
June 30, 2000
(With comparative totals for June 30, 1999)
Assets
Current assets
Cash and cash equivalents
Investments
Imprest fund
Accounts receivable
Interest receivable
Other receivable
Prepaid expenses
Total current assets
Restncted assets - cash and cash equivalents
Tenant security deposits
Debt service reserve
Operating reserve
Total restricted assets - cash and
cash equivalents
Fixed assets
Land
Buildings
Grounds and site improvements
Furnishings and equipment
Accumulated depreciation
Fixed assets, net of accumulated
depreciation
Total assets
Kulaimano
Oull Ekahi
Elderly
Affordable
Housing
Housing
Proiect
Proiect
Totals
2000 1999
$274,983
$ 12,063
$287,046
S263,953
500,000
--
500,000
500,000
50
100
150
150
1,697
15,081
16,778
15,837
1,150
85
1,235
1,194
--
1,159
1,159
1,141
1,868
--
1,868
1,806
779,748
28,488
808,236
784,081
9,250
17,533
26,783
25,637
172,541
172,541
169.117
--
13,895
13,895
13,619
181,791
31,428
213,219
208,373
250,000
503,877
753,877
753,877
1,136,008
1,136,008
1,136,008
261,000
261,000
261,000
87,332
--
87,332
86,170
1,734,340
503,877
2,238,217
2,237,055
(733,154)
--
(733,154)
(705,587)
1,001,186
503,877
1,505,063
1,531,468
$1,962,725 5563,793 $2,526,518 $2,523,922
-107-
(Continued)
COUNTY OF HAWAII
Enterprise Funds
Combining Balance Sheet
June 30, 2000
(With comparative totals for lune 30. 1999)
Liabilities and Equity
Current liabilities
Kulaimano
Ouli Ekahi
Elderly
Affordable
Housing
Housing
Project
Proiect
Warrants payable
$ 14,253
Accounts payable
8,266
Due to developer
--
Unearned rental income
278
Notes payable - current
14,925
Total current liabilities
37,722
Current liabilities payable from restricted assets -
Tenant security deposits payable
9,085
Notes payable 1,120,214
Total liabilities 1.161,021
Equity
25,085
Contributed capital
1,132,301
Developers
250,500
Intergovernmental
160,796
Total contributed capital
411,296
Retained earnings (deficit)
Reserved for debt service
172,541
Unreserved
211,867
Total retained earnings (deficit) 384,408
Total equity 795,704
S --
7,729
1,503
9,232
(Concluded)
Totals
2000 1999
$ 14,253
8,266
7,729
1,781
14,925
46,954
$ 13,177
941
7,729
403
14,110
36,360
16,440 25,525
25,085
-- 1,120,214
1,132,301
25,672 1,192,693
1,193,746
544,367
544,367
794,867
160,796
955,663
172,541
(6,246) 205,621
(6,246) 378,162
538,121 1,333,825
794,867
160,796
955,663
169,117
205.396
374,513
1,330,176
Total liabilities and equity $1,962,725 $563,793 $2,526,518 $2.523,922
COUNTY OF HAWAII
Enterprise Funds
Combining Statement of Revenues, Expenses and Changes in Retained Earnings (Deficit)
For the Fiscal Year Ended June 30, 2000
(With comparative totals for the fiscal year ended June 30, 1999)
Kulaimano
Elderly
Housing
Proiect
Operating revenues
Rental receipts from tenants $ 83,695
Rental subsidy from federal government - HUD 148,434
Laundry receipts 2,796
Miscellaneous --
Total operating revenues 234,925
Operating expenses
Utilities
General and administration
Maintenance and repairs
Lease expense
Depreciation
Total operating expenses
Operating income (loss)
Nonoperaung revenues (expenses)
Interest income
Interest expense on notes payable
Totalnonoperaung revenues(expenses)
Net income (loss)
Retained earnings (deficit) at beginning of year
Retained earnings (deficit) at end of year
30,505
54,956
58,589
34,470
178,520
56,405
32,820
(82,639)
(49,819)
Ouli Ekahi
Affordable
Housing
Protect
$199,106
3,350
202,456
27,658
88,990
12,993
76,226
205,867
(3,411)
474
474
Totals
Will,
S282,801
148,434
2,796
3,350
437,381
58,163
143,946
71,582
76,226
34,470
384,387
52.994
33,294
(82,639)
(49,345)
1999
5288,565
134,012
2,752
4,474
429,803
48,831
144,740
38,489
76,226
39.177
-i4 /,4w
82,340
30,994
(80,486)
(49,492)
6,586
(2,937)
3,649
32,848
377,822
(3,309)
374,513
341,665
$384,408
($6,246)
$378,162
$374,513
-109-
COUNTY OF HAWAII
Enterprise Funds
Combining Statement of Cash Flows
For the Fiscal Year Ended June 30, 2000
(With comparative totals for the fiscal year ended June 30. 1999)
- 110 -
Kulaimano
Ouli Ekahi
Totals
Elderly
Affordable
Hsg Proiect
Hse Protect
2000
1999
Cash flows from operating activities
Cash received from tenants
$ 85,454
$204,352
$289,806
$290,351
Cash received from federal government - HUD
148,434
--
148,434
134,012
Cash payments to suppliers for goods and services
(135,711)
(205,867)
(341,578)
(307,607)
Net cash provided by (used in) operating activities
98,177
(1,515)
96,662
116,756
Cash flows from capital and related financing activities
Principal paid on notes payable
(11,272)
(11,272)
(13,426)
Interest paid on notes payable
(82,639)
(82,639)
(80,486)
Acquisition and construction of capital assets
(8,065)
(8,065)
(2,179)
Net cash used in capital and related
financing activities
(101,976)
(101,976)
(96,091)
Cash flows from investing activities
Purchase of investments
(1,500,000)
(1,500,000)
(1,500,000)
Proceeds from sale and maturities of investments
1,500,000
1,500,000
1,500,000
Interest on investments
32,779
474
33,253
30,939
Net cash provided by investing activities
32,779
474
33,253
30,939
Net increase (decrease)in cash and cash equivalents
28,980
(1,041)
27,939
51,604
Cash and cash equivalents at beginning of year
427,844
44,632
472,476
420,872
Cash and cash equivalents at end of year
$456,824
$43,591
$500,415
$472,476
Reconciliation of operating income (loss) to net cash
provided by operating activities:
Operating income (loss)
$ 56,405
(53,411)
$ 52,994
$82,340
Adjustments to reconcile operating income (loss) to net
cash provided by (used in) operating activities
Depreciation
34,470
34,470
39,177
Decrease (increase)in accounts receivable
(1,105)
164
(941)
(3,869)
Increase in other receivables
--
(18)
(18)
(292)
increase in prepaid expenses
(62)
--
(62)
(8)
increase in warrants payable
1,076
1,076
268
Increase in accounts payable
7,325
--
7,325
419
Increase in unearned rental income
233
1,145
1,373
26
Increase (decrease) in tenant security
deposits payable
(165)
605
440
(1,305)
Total adjustments
41,772
1,896
43,668
34,416
Net cash provided by (used in) operating activities
$98,177
($1,515)
$96,662
$116,756
- 110 -
TRUST AND AGENCY FUNDS
EXPENDABLE TRUST FUYDS
PARK DEDICATIOV FUND -Used to account for moneys deposited with the County by subdividers to
provide land for parks and playgrounds in subdivisions
HAWAII COUNTY HOUSING AGENCY - Used to account for Federal and County moneys used to provide
public housing assistance within the County
GEOTHERMAL ASSET FUND - Used to account for funds received from geothermal developers to
mitigate the effects of geothermal energy development
AGENCY FUNDS
STATE WEIGHT T4X FUND - Used to account for the collection and payment to the State of motor
vehicle weight taxes collected by the County on behalf of the State
IMPROVEMENT DISTRICT,NOS 16 AND 17- Used to account for the collection of assessments and
related interest from property owners in improvement districts for financing the payments of special
assessment bond interest and prmcipal Proceeds from such bonds are used to finance the construction of
improvements and are accounted for in the capital projects funds
IMPROVEMENT DISTRICT REVOLVING FUND - Used to accumulate any surplus balance of an
improvement district after final payment of all bonds Such moneys are available to make up deficiencies
in other improvement districts
IMPROVEMENT DISTRICT BOND AND INTEREST REDEMPTION FUND - Used to account for debt
service on special assessment bonds
PERFORMANCE AND REFUNDABLE DEPOSITS FUND - Used to account for miscellaneous deposits
left with the County
PAYROLL CLEARANCE FUND - Used to account for the payment of County payroll with moneys
transferred from the respective departments
FLEXIBLE SPENDING ACCOUNT— Used to account for funds that employees elect to have withheld
from their pay checks to be used to pay unreimbursed medical and dependent care expenses on a pre-tax
basis
LAPSED WARRANTS FUND — As requned by state law, used to accounts for funds remaining when
County warrants are not cashed before they lapse
,NON-PROFIT LICENSE PLATES FUND — Used to account for proceeds from sale of specially -marked
license plates, such proceeds to go as indicated to participating non-profit agencies
ORGAN AND TISSUE EDUCATION FUND — Used to account for voluntary donations paid with motor
vehicle registration renewals that are designated for the statewide Hawaii organ and tissue education fund
COUNTY OF HAWAII
Trust and Agency Funds
Combining Balance Sheet
June 30, 2000
(With comparative totals for June 30, 1999)
Expendable Trust Funds
a%au
County
Park Housing Geothermal Agency
Dedication Aeencv .Asset Funds
Totals
2000 1999
Assets
Cash and investments
Cash and cash equivalents
$ --
$4,890,669
$ --
$4,303,128
$9,193,797
$8.5"1,251
Investments
116,561
166,417
1,127,798
306,086
1,716,362
1,580472
Imprest fund
--
100
--
--
100
100
Total cash and investments
116,561
5,057,186
1,127,798
4,609,214
10,910.759
10,151,823
Receivables
Due from federal government
--
1,404
--
--
1,404
12,313
Due from other funds
--
3,537,152
3,537,152
3,408,694
Other
875,238
--
875,238
147,301
Total receivables
876,642
3,537,152
4,413,794
3,568,308
Restricted assets - cash & cash equiv
--
1,400,000
1,400,000
1,400,000
Total assets
$116,561
$5,931828
$1,127,798
$9,546,366
$16,724,553
$15120,131
Liabilities and Equity
Liabilities
Warrants payable
$
$ 173,499
$
$1,793,951
$ 1,968,450
$ 1,913,575
Accounts payable
9.105
9,105
3,624
Employee costs payable
--
--
--
64,446
Due to other funds
89 212
1,429,214
1,518,426
1,284,724
Accrued liabilities
9 502
1,107,291
1,116,793
1,092,858
Customer advances and deposits
--
170,465
170,465
84,350
Assets held for the benefit of
improvement districts
--
5,045,445
5,045,445
4,742,589
Total liabilities
282318
9.546,366
9,828,684
9,186,166
Fund balances
Reserved for encumbrances
2,498,396
1,021,774
--
3,520,170
3,605,530
Unreserved
Designated for
Imprest fund
100
--
100
100
Affordable housing
349.'85
349,785
101,794
Future year expenditures
454611
454,671
513,501
Total designated fund balance
804 556
--
804,556
615,395
Undesignated
116,561
2.348,558
106,024
2,571,143
1,713,040
Total fund balances
116,561
5,651,510
1,127,798
6,895,869
5,933,965
Total liabilities and fund balances
$116.561
$5,933.828
$1,127,798
$9,546,366
$16,724,553
$15,120,131
COUNTY OF HAWAII
Agency Funds
Combining Balance Sheet
June 30, 2000
( With comparative totals for June 30. 1999)
Liabilities
Warrants payable
$599,844 $ $ $17,864
$1,176,043 $
Due to other funds
Performance
1,421,154
Accrued liabilities
--
State
Improvement
Improvement
and
Assets held for the benefit of
Flexible
Weight
District
District
Refundable
Payroll
Spending
Tax
No 17
Revolving
Deposits
Clearance
Account
Assets
Cash and investments
Cash and cash equivalents
$599,844
$3,339,359
S --
$189.189
5
$159,975
Investments
--
306,086
--
--
Total cash and investments
599,844
3.339.359
306,086
189,189
159 975
Receivables
Due from other funds
--
--
--
3,529,977
--
Other
Total receivables
3,529,977
Restricted assets - cash & cash equiv
--
1,400,000
--
--
__
--
Total assets
S599,844
$4.739,359
$306,086
$189,189
$3,529,977
$159.975
Liabilities
Warrants payable
$599,844 $ $ $17,864
$1,176,043 $
Due to other funds
-- 860
1,421,154
Accrued liabilities
--
932,780 159,975
Customer advances and deposits
170,465
-- --
Assets held for the benefit of
improvement districts
-- 4,739,359 306,086 --
Total liabilities
$599,844 $4,739,359 5306,086 $189,189
$3,529,977 S159,975
- 112 -
Non -Profit
Lapsed License Organ & Totals
Warrants Plates Tissue Educ
Fund Fund Fund 2000 1999
$14,506 5200 $55 $4,303,128 53,880,239
306,086 276,630
14,506 200 55 4,609,214 4,156,869
7,175 3,537,152
3,408,106
-- -- -- --
1,448
7,175 3,537,152
3,409,554
1,400,000
1,400,000
$21,681 $200 $55 $9,546366
$8,966,423
$ $200 $ -- S 1,793,951
S 1,862,388
7,200 1,429,214
1,193,806
14,481 55 1,107,291
1,083,290
170,465
84,350
5,045,445
4,742,589
$21,681 $200 $55 $9,546,366
$8,966,423
- 113 -
COUNTY OF HAWAII
Expendable Trust Funds
Combining Statement of Revenues, Expenditures and Changes in Fund Balances
For the Fiscal Year Ended June 30, 2000
(With comparative totals for the fiscal year ended June 30, 1999)
Hawaii
County
Park Housing Geothermal
Dedication Aeencv Asset 2000
Totals
Revenues
Intergovernmental
$ --
$7,685,121
$ --
$7,685,121
$7,058,969
Interest
6,310
186,297
57,838
250.445
211.049
Miscellaneous
Contnbuuons
240,720
50.000
290,720
50,000
Resale of property
512,908
512,908
656,020
Other
392
392
Total revenues
6,310
8,625,438
107 838
8,739,586
7,976.038
Expenditures
Current
General government
1.971
1,971
2,749
Health, education and welfare
7,624,221
7,624,221
7,859,555
Pension and retirement contnbutions
138,628
138,628
188.562
Total expenditures
7,762,849
1,971
7,764,820
8,050,866
Excess (deficiency) of revenues over
expenditures
6,310
862,589
105,867
974,7t,6
(74,828)
Other financing use
Operating transfer out -Capital Projects Fund
(12,862)
(12,862)
Excess (deficiency) of revenues over
expenditures and other financing uses
(6,552)
862,589
105,867
961,904
(74,828)
Fund balances at beginning of year
123,113
4,788,921
1,021,931
5,933,965
6,008,793
Fund balances at end of year
$116,561
$5,651,510
S1,127,798
$6,895,869
$5.933,965
- 114-
COUNTY OF HAWAII
Hawaii County Housing Agency
Schedule of Revenues, Expenditures and Changes in Fund Balance -
Budget and Actual (Budgetary Basis)
For the Fiscal Year Ended lune 30, 2000
-115-
Variance
Favorable
Budget
Actual
(Unfavorable)
Revenues
Intergovernmental
Federal grants
Housing preservation grant
$ 50,000
$ 50,000
$
HUD - Housing assistance
5,719,200
3,076,729
(2,642,471)
HUD -Voucher program
1,726,000
4,568,100
2.842,100
Total intergovernmental
7,495,200
7,694,829
199,629
Interest earned
10,710
186,297
175,587
Resale of property
--
512,908
512,908
Other
--
241,112
241,112
Total revenues
7,505,910
8,635,146
1.129 236
Expenditures
Health, education & welfare
7,828,634
7,560,406
268,228
Pension and retirement contributions
260,400
84,444
1"5,956
Health Fund
62,414
58,765
3,649
Total expenditures
8,151,448
7,703,615
447,833
Excess (deficiency) of revenues overexenditures
(645,538)
931,531
1,57,069
Fund balance at beginning of year
4,788,921
4,788.921
--
Fund balance at end of year - budgetary basis
$4,143,383
5 720,452
S1,57,069
Adjustments to conform with generally accepted
principals
Encumbrances at beginning of year
(2,631,784)
Encumbrances at end of year
2,498,396
Accrued costs at beginning of year
64,446
Fund balance at end of year - GAAP basis
$5,651,510
-115-
COUNTY OF HAWAII
Agency Funds
Combining Statement of Changes in �kssets and Liabilities
For the Fiscal Year Ended June 30, 2000
State Weight Tax Fund
Assets
Cash and cash equivalents
Liabilities
Warrants payable
Accrued liabilities - due to State of Hawaii
Total liabilities
Improvement District No. 16
Assets
Cash and cash equivalents
Other receivable
Total assets
Liabilities
Warrants payable
Assets held for the benefit
of improvement districts
Total liabilities
Improvement District No. 17
Assets
Cash and cash equivalents
Restricted assets - cash and cash egwv
Total assets
Liabilities
Assets held for the benefit
of improvement districts
(Continued)
Balance
July 1,
1999
Balance
June 30,
Additions Deductions 2000
5536,297 $ 6.395,484 S 6,331,937 5599,844
$536,297 S 6,395,484
-- 6,395,484
5536,297 $12,790,968
$ 6,331,937 $599.844
6,395,484 --
$12,727,421 $599,844
$25,036
$646
$25,682
$
50
--
50
$25,086
$646
$25,732
$
511,195
$25
$11,220
$
13,891
646
14,537
525,086
$671
$25,757
$
$3,052,068 $1,880,664
1 400,000
$4.452,068 $1,880,664
$4,452,068 $1,880,664
116-
$1,593,373 $3,339,359
1,400,000
$1,593,373 $4,739,359
$1,593,373 $4,739,359
COUNTY OF HAWAII
Agency Funds
Combining Statement of Changes in Assets and Liabilities
For the Fiscal Year Ended June 30, 2000
(Continued)
Improvement District Revolving Fund
Assets
Cash and cash equivalents
Investments
Total assets
Liabilities
Assets held for the benefit
of improvement districts
Improvement District Bond and
Interest Redemption Fund
Assets
Cash and cash equivalents
Liabilities
Accrued liabilities - debt service on
special assessment bonds
Performance and Refundable
Deposits Fund
Assets
Cash and cash equivalents
Liabilities
Warrants payable
Due to other funds
Customer advances and deposits
Total liabilities
(Continued)
Balance
July 1,
1999
Balance
June 30,
Additions Deductions 2000
S -- S 29,456 $ 29,456 $ --
276,630 29,456 -- 306,086
$276,630 $58,912 $29,456 5306,086
$276,630 529,456 S -- $306,086
$ -- $1,592,488 $1,592,488 $
$ $1,592,488 $1,592,488 $ --
597,151
$350,416
$258,378
$189,189
512,163
$264,301
$258,600
$ 17,864
638
921
699
860
84,350
350,355
264,240
170,465
$97,151
$615,577
$523,539
$189,189
117-
COUNTY OF HAWAII
Agency Funds
Combining Statement of Changes in Assets and Liabilities
For the Fiscal Year Ended June 30, 2000
Balance
Balance
July 1,
June 30,
1999
Additions
Deductions
2000
(Continued)
Payroll Clearance Fund
Assets
Cash and cash equivalents
$
$ 81,675,494
$ 81,675,494
$
Due from other funds
3,393,496
81,791,401
81,654,920
3,529,977
Other receivables
1,398
15,596
16,994
--
Total assets
$3,394,894
$163,482,491
$163,347,408
$3,529,977
Liabilities
Warrants payable
$1,302,733
S 81,776,754
$ 81,903,444
$1,176,043
Due to other funds
1,193,168
1,424,869
1,196,883
1,421,154
Accrued liabilities
898,993
17,740,142
17,706,355
932,780
Total liabilities
$3.394,894
$100,941,765
$100,806,682
$3,529,977
Flexible Spending Account
Assets
Cash and cash equivalents
$169,687
$391,788
$401,500
$159,975
Liabilities
Accrued liabilities
$169,687
$391,788
5401,500
$159,975
Lapsed Warrants Fund
Assets
Cash and cash equivalents
$ --
14,506
$ --
$14,506
Due from other funds
14,610
7,175
14,610
7,175
Total assets
$14,610
521,681
$14,610
$21,681
Liabilities
Warrants payable
$ --
50
50
$ --
Due to other funds
7,200
--
7,200
Accrued liabilities
14,610
7,175
7,304
14,481
Total liabilities
514,610
$14,425
$7,354
521,681
(Continued)
118-
COUNTY OF HAWAII
Agency Funds
Combining Statement of Changes in Assets and Liabilities
For the Fiscal Year Ended June 30, 2000
(Concluded)
Von -Profit License Plates Fund
Assets
Cash and cash equivalents
Liabilities
Warrants payable
Organ and Tissue Education Fund
Assets
Cash and cash equivalents
Liabilities
Accrued liabilities
Total - All Agency Funds
Assets
Cash and cash equivalents
Investments
Due from other funds
Other receivables
Restricted assets - cash and cash equivalents
Total assets
Liabilities
Warrants payable
Due to other funds
Accrued liabilities
Customer advances and deposits
Assets held for the benefit
of improvement distncts
Total liabilities
Balance
July 1,
1999 Additions
$ --
$340
$ 88,505,391
S --
$340
1,197,582
1,083,290
S --
$55
84,350
S --
S55
$ 3,880,239 $ 92,331,337
276,630 29,456
3,408,106 81,798,576
1,448 15,596
1,400,000
$8,966,423 $174,174,965
Balance
June 30,
Deductions 2000
$140 $200
$140 S200
$ -- $55
$ -- $55
$ 91,908,448
81,669,530
17,044
$173,595,022
S 1,862,388
$ 88,436,954
$ 88,505,391
1,193,806
1,432,990
1,197,582
1,083,290
26,127,132
26,103,131
84,350
350,355
264,240
4,742,589 1,910,766 1.607,910
$8,966,423 $118,258,197 $117,678,254
- 119-
S 4,303,128
306,086
3,537,152
1,400,000
$9,546,366
$ 1,793,951
1,429,214
1,107,291
170,465
5,045,445
$9,546,366
This page intentionally left blank
- 120-
GENERAL LONG-TERM DEBT
ACCOUNT GROUP
This account group accounts for the long-term debt of the Pnmary Government except
that related to the Enterpnse Fund
COUNTY OF HAWAII
General Long -Term Debt Account Group
Schedule of General Long -Term Debt
June 30, 2000
With Comparative Amounts for June 30, 1999
Amount Available and to be Provided
For Retirement of General Long -Term Debt
Amount available in Debt Service Funds
Amounts to be provided for general long-term debt
General obligation bonds
State Revolving Fund loans
Accrued compensated absences
Estimated claims and Judgments
Capital lease obligations
Landfill closure and postclosure care costs
Total amounts to be provided for retirement of general long-term debt
Total
General Long -Term Debt Payable
General obligation bonds payable
1977 Series A, public improvement bonds
1978 Series, refunding bonds
1989 Series, refunding bonds
1993 Series, refunding and public improvement bonds
1996 Series A, public improvement bonds
1996 Series B, public improvement bonds
1997 Series A, public improvement bonds
1999 Series A, public improvement bonds
1999 Series B, refunding bonds
Total general obligation bonds payable
Other general long-term debt
State Revolving Fund loans
Accrued compensated absences
Estimated claims and Judgments
Capital lease obligations
Landfill closure and postclosure care costs
Total other general long-term debt
Total
-121 -
2000 1999
S 9,785,133 $ 17,804,829
129,586,100
97,854,087
31,016,242
27,301,610
18,687,530
17,145,184
11,930,674
9,888.528
2,872,678
369,177
22,262,000
22,048,000
216,355,224 174,606,586
$226,140,357 $192,411,415
276,000
$ 293,000
18,355,000
1,350,000
1,800,000
57,220,000
60,255,000
27,795,000
28,925,000
680,500
709,000
3,614,500
3,749,500
30,000,000
16,670,000
13 7,606,000 114,086,500
32,781,475
18,687,530
11,930,674
2,872,678
22,262,000
88,534,357
28,874,026
17,145,184
9,888,528
369,177
22,048,000
78,324,915
$226,140,357 $192,411,415
COUNTY OF HAWAII
General Long -Term Debt Account Group
Schedule of Debt Sen -ice Requirements to Maturity
for General Obligation Bonds
June 30. 2000
$137,606,000 $63,331,020 $200,937,020
- 122 -
Total Bonds
Bonds
Fiscal
Outstanding
Year
at
Ended
Beginning
Total
June 30
of Year
Principal
Interest
Requirements
2001
137,606,000
7,093,500
7,163,192
14,256,692
2002
130,512,500
7,418,000
6,811,544
14,229,544
2003
123,094,500
8,872,500
6,449,697
15,322,197
2004
114,222,000
8.812,500
6,035,991
14,848,491
2005
105,409,500
9,252,500
5,598,260
14,850,760
2006
96,157,000
9.723,500
5,142,762
14,866,262
2007
86,433,500
10 200,000
4,643,383
14,843,383
2008
76,233,500
7.893,000
4,112,268
12,005,268
2009
68,340,500
8.326,000
3,687,797
12,013,797
2010
60,014,500
8.773,500
3,231,999
12,005,499
2011
51,241,000
9.247.000
2,764,033
12,011,033
2012
41,994,000
9,747,000
2,265,932
12,012,932
2013
32,247,000
10,236,000
1,738,836
11,974,836
2014
22,011,000
4,520,500
1,182.730
5,703,230
2015
17,490,500
4,756,000
945,388
5,701,388
2016
12,734,500
5006,500
695,150
5,701,650
2017
7,728,000
2,648,000
429,496
3,077,496
2018
5,080,000
2.470,000
285,750
2,755,750
2019
2,610,000
2,610.000
146,812
2,756,812
$137,606,000 $63,331,020 $200,937,020
- 122 -
GENERAL FIXED ASSETS
ACCOUNT GROUP
This account group accounts for all fixed assets of the Primary Government other than
those recorded to the Enterprise Fund
COUNTY OF HAWAII
General Fixed Assets Account Group
Schedule of General Fixed Assets by Source
June 30, 2000
With Comparative Amounts for June 30, 1999
123 -
2000
1999
General fixed assets
Land
S 16,534,898
$ 16,183,543
Buildings and structures
224,950,257
209,712,329
Machinery and equipment
53,698,533
49,917,622
Construction in progress
21,201,546
29,019,446
Total
5316,385,234
$304,832,940
Investment in general fixed assets by source
Capital Projects Funds
General obligation bonds
$ 101,399,687
S 92,276,810
Federal grants
67,933,551
69,786,389
State grants
31,754,680
31,623,975
General Fund revenues
33,118,962
30,407,181
General Fund - Federal revenue
6,108,567
6,088,917
General Fund - State revenue
2,244,647
1,718,858
Special Revenue Funds revenues
9,301,561
8,512,947
Contributions
3,626,555
3,226,234
Assets acquired prior to 1979
(sources undetermined)
60,897,024
61,191,629
Total
$316,385,234
$304,832,940
123 -
COUNTY OF HAWAII
General Fixed Assets Account Group
Schedule of Changes in General Fixed Assets by Function
For the Fiscal Year Ended June 30 2000
124-
Balance
Balance
July 1,
June 30,
1999
Additions
Deductions
2000
General government
$ 14,941,063
$ 5,192,542
$ 4,131,399
$ 16,002,206
Public safety
43,437,560
1,639,598
336,456
44,740,702
Highways and streets
11,065,398
1,103,184
354,240
11,814,342
Sanitation
130,627,180
11,325,1 I 1
452,883
141,499,408
Health, education and welfare
569,566
65,097
16,710
617,953
Culture and recreation
61,870,509
5,387,164
245,310
67,012,363
Educational facilities
8,528,105
--
6,911
8,521,194
Housing and community development
4,774,113
300,508
99,101
4,975,520
Construction in progress
29,019,446
6,391,693
14,209,593
21,201,546
Total
$304,832,940
$31,404,897
$19,852,603
$316,385,234
124-
COUNTY OF HAWAII
General Fixed Assets Account Group
Schedule of General Fixed Assets by Function and Acuvitv
June 30, 2000
-125-
Buildings
Machinery
and
and
Land
Structures
Equipment
Total
General government
General government buildings
S 415,07,5
$ 5,186,398
S --
$ 5,661,413
Mayor's office
--
--
161,077
161,077
County clerk
588.082
588,082
Data processing
462,010
462,010
Finance
1,233,998
1,233,998
Corporation Counsel
191,264
191,264
Prosecuting attorney
937.040
937,040
Planning
433,483
433,483
Personnel services
134,246
134,246
Research and development
80.504
80,504
Mass transit
3,217,150
3,217,150
Public works
--
2.901,879
2901,879
Total general government
475,075
5,186,398
10,340,733
16,002,206
Public safety
Public safety buildings
1,902,047
20,823,227
--
22,725,274
Police
--
--
8,173,493
8,173.493
Fire
13,213,158
13,213,158
Liquor
133,859
133,859
Civil defense
494,918
494,918
Total public safety
1,902.047
20,823,227
22,015,428
44,740,702
Highways and streets
1,917,900
2,197,771
7,698,671
11,814.342
Sanitation
608.058
133,202,9-171
7,688,379
141,499.408
Health, education and welfare
122,574
406,730
88,649
617,953
Culture and recreation
10,044.138
51,387,242
5,580,983
67,012.363
Educational facilities
26,001
8,495,193
--
8,521.194
Housing and community development
1,439,105
3,250,725
285,690
4,975.520
Total general fixed assets allocated
to functions and activities $16,534,898
$224,950.257
$53,698,533
295,183,688
Construction in progress
21,201,546
Total general fixed assets
$316,385,234
-125-
This page intentionally left blank
- 126-
STATISTICAL SECTION
(UNAUDITED)
Chart I
COUNTY OF HAWAII
General Governmental Revenues and Expenditures Comparison
Last Ten Fiscal Years (In Thousands)
$160,000
$140,000
$120,000
$100,000
$80,000
$80,000
$40,000
$20,000
11021 '.99, 91' \9919 199,1 lggl 95 1e�' 1991 14�1
9b 1eoi9 1990,0
-127-
11021
127-
-129
fJ
V:
n
Q
JC
N
N
n
OC
N
OC
N
L�
C
n
^
J
C;
C
of
S
N
Q
J
J
�
fi
Q
a
N
J7
N
�1
O
n
t
O
V
w'
J
r
J
J
n
oc
z
Y
O
r
vi
n
n
a
a
r,
oc
o0
p
y
oo
M—
c
n
Q
vi
o
vi
Q
�
V O
7
w
69
V
x
00
,C"
ol
c
.6
00
00
0°
O
v1
as
_
J
Op
J
�O
v1
00
O
r.
vi
V1
u
r
nD
O
M
oo0
lc
O
7 A
N1
Q
Q
Q
Vl
vl
vl
V"
V1
Y;
d V1
IA
N
V`
Q
Vl
00
—
00
N
n
N
J L
»
:L
-129
Table 2
COUNTY OF HAWAII
General Governmental Revenues by Source*
Last Ten Fiscal Years
(Values in Thousands)
• Includes General, Special Revenue and Debt Service Funds
130-
Licenses
Charges
Interest
Fiscal
Taxes and
and
inter-
for
and
Year
Assessments
Permits
Governmental
Services
Penalties
Other
Total
1991
566,632
$5,496
$22,451
$3,290
$6,223
$1,543
$105,635
1992
75,774
5,331
27,188
3,576
4,150
2,613
118,632
1993
86,964
4,941
26,617
4,555
3,039
3,995
130,111
1994
97,893
5.107
28,581
4,983
3,068
1,676
141,308
1995
100,028
5,788
31,684
5,439
4,205
1,588
148,732
1996
101,755
5,836
33,656
8,032
4,692
2,500
:56.471
1997
96,124
6,124
36,016
7,796
5,859
2,009
153,928
1998
97,332
6,351
38,893
8,885
5,881
1,756
159,098
1999
94,645
6,952
35,075
10,148
5,545
3,440
155.805
2000
93,324
7,261
32,572
11,215
5,282
1,883
151,537
• Includes General, Special Revenue and Debt Service Funds
130-
Table 2a
COUNTY OF HAWAII
General Governmental Tax Revenues by Source*
Last Ten Fiscal Years
( Values in Thousands)
' Includes General, Special Revenue and Debt Service Funds
-132-
Real
Fiscal
Property
Fuel
Franchise
Year
Tax
Tar
Tax
Total
1991
$59,132
$5,269
$2,231
$66,632
1992
67,922
5,321
2,531
75,774
1993
79,000
5.349
2,615
86,964
1994
89,538
5.504
2,851
97,893
1995
91,200
5,613
3,215
100,028
1996
92,512
5,820
3,423
101.755
1997
86,490
5,783
3,851
96,124
1998
87,420
5,832
4,080
97,332
1999
84,792
5.900
3,953
94.645
2000
83,271
6,103
3,950
93,324
' Includes General, Special Revenue and Debt Service Funds
-132-
-133-
—
N
L
r
�
J
�i
C�
c
ll �,
r,
a
r,
m
m
~
—
O
h
O
u
O
r
y
M
N
O
e'�1
O
m
N
a
Vl
Orn
O
v�
eV
�n
v
e
r
o
69
x
-
�
n
u
e
N
P
ON
N
vi
�0
Oen
m
x
�%
69
T
Z
a
0
0
a
P
P
om0
a
P
a
a
P
a
V
w
a
m
n
c
v
r
alc
v
u
x-
P
M
oc
P
O
x
a
M
0
%O
V'1
U
vi
.o
r
m
m
m
ao
0o
n
x
w
a
r
M
r�
m
P
P
r
n
e
O
e
M
m
vi
M
r
LL
-133-
Table 4
COUNTY OF HAW klI
Assessed and Estimated actual Value of Taxable Real Property
Last Ten Fiscal Years
(Values in Thousands)
Notes There is no personal property tax in Hawaii
Assessment ratios are uniform statewide
-134-
Ratio of
Real Property
Total Assessed to
Fiscal
Assessed
Estimated
Total Estimated
Year
Value
Actual Value
Actual Value
1991
$6,299,590
56,299,590
100%
1992
7,323,123
7,323,123
100%
1993
9,220,304
9,220,304
100%
1994
10,812,347
10, 812,347
100%
1995
10,618,892
10,618,892
100%
1996
10.611,589
10,611, 589
100%
1997
10.279,240
10,279,240
100%
1998
10.156,903
10,156,903
100%
1999
9,929,443
9,929,443
100%
2000
10,083,3 84
10,083,3 84
100%
Notes There is no personal property tax in Hawaii
Assessment ratios are uniform statewide
-134-
7
x 0 0 0 0 0 0 0
n J x Q
orO N
r 00 N VI M r r1 h ,+1
69 69
0 0 0 0 0 0 0
h h Yi V1 h �1 h h
00 0o x oo ao x x o0
O M O x Q x 0 00 —
a
N vQi v� x o x J
cli
R
N U
C �
� u �
„ a °
E_ 0. << °A<U
a
-135-
Q O Q N O L r Q
N J r O x� J x r1
x r rri o v N ago x rN�,
69 69
vOi C� C S O� j
x C 0 0 0 0 0 C
lc
`O x N N1 lq�
H — yr
0 0 0 0 0 0 0 0
Vl V"1 V1 Vl Yi V1 Vl Vl
x x x x 00 00 OO 00
w
O N b J N Q 0 ^I O
w
N
C
C �
V L C
a °
� � A
v a u
a
c
u
w 0Op
A O
%
V
F a
O
A
P Q r a Q a oc ry P
oC O
C O v7 C O N S M. O N
NI N iA
x o 0 0 0 0 0 o r
w
n x N Q C w��Pll
0 0 0 0 0 0 0 0 C
a ao a s oo x a x n
M
M N x C Q a Q a^ n
r r N M Vl N N Q S M
eIi N
x C 0 0 0 0 C 0 Q
M x^ p n M x N r Q
b'1 N 69
v1 v1 V1 vl V1 V1 vl V1 Q
b9
p P r M M r N M n O P r n a^ OD x^
n
n t5
U
C �
a
P
c
P
-136-
i O r x N VM N Q C
a Q vQi C n M n M n0 0
r 0 0� 0 0 BOJ Q
x o 0 0 0 0 o c Q
r P vi vi a O n x o0 N
w
c
C
V
u
u
Q M Vl x N N M M V1
——
x
� 69
x O O O O O O O V
6'f —
o ool o h m vxi a vQi
69 69
00000000.,
�OxxooxxxxQ
w
OMO N M Q O O x M
00 �+1 h a0 M e r h v O
W �
69
a
x M N Ja0 r� Vl N^ N
M�
O N P r x O Q n
per. M N P N r x r Q
O N nOPO ONO O N M O
H
a
-137-
x n v,V M Q o c
Vf �
Oo C O O� O C O Q
69 —
h r 00 n Q N x M V; T
r Nr0 N r T
- Y1
Yl 69
00000000
x x x x x x x x Q
P O M �O O rt 0�0 0
r N x Q Q= r P M
w Q
b9
A
-
C O
O Y
O
0
u
a
�
�
�
Y
A
xrrvi
a r` c i x oQc C a� c .6 c� n - C c c
� ry rrvj � x n c rxv o c
^ ^ N N P
69 6A
m O O O O O O O Q
_
oc0000cc�.,
V1 V'1 V". V1 Vl Y: Vl V: Q
W W 00 00 'JO 00 CO GO Q
of
a N x vOi n T P W rO OM
o� o r` o;
7
u N L+
O
E
o E ' y
0
A a v_
N
x o vi N P ry C O N M
• � N P N Q O O M
v'. N Q x Q^ N v 0
Vi
b9
x O C O O O O O Q
v1 Q N aO Q O C P O ri
Yl Vl V` V1 �/1 Vl V: Vl Q
OO N 00 'JO CO W 00 GC Q
w
r .0 r P Q M M Q tb
v r h x
r N N— N o0o C^ O x
lz�
0
0
N
-138-
f
W
O
Z
Chari 4
COUNTY OF HAWAII
Assessed Value of Real Property
Last Ten Years (In Thousands)
1991 1992 1993 1994 1995 1996 1997 1998 1999 2000
- 139-
Table 6
COUNTY OF HAWAII
Principal Taxpayers
June 30, 2000
?rote Gross valuation at January 1, 1999
- 140 -
$908,796,500 7 490
$12,101,003,382
Percentage
1999
of Total
Assessed
Assessed
Taxpayer
Business
Valuation
Valuation
Global Resort Partners
Hotel
$186,149,600
15%
Kaupulehu Makai Venture
Developer
158,187,600
1 300
South Kohala Resort Corp
Hotel
106,122,000
099,
Mauna Kea Beach Hotel Corp
Hotel
96,063,200
0 890
Mauna Lani Resort Inc
Hotel
77,207,700
0 690
B P Bishop Estate
Land trust
65,594,100
0 590
M L Hotel Investors LP
Hotel
65,543,100
0 5%
KM Kona Partners
Developer
61,400,400
0 590
RWH Inc
Hotel
47,000,000
0 490
Kona Coast Resort Ltd
Time share
45,528,800
040,o
?rote Gross valuation at January 1, 1999
- 140 -
$908,796,500 7 490
$12,101,003,382
COUNTY OF 14AWAII
Computation of Legal Debt Margin
June 30, 2000
Total assessed value
Limitation as set by the Constitution of
the State of Hawaii (A)
Amount of debt applicable to debt Imut (B)
Less
County general obligation bonds $149,255,200
State Revolving Fund loans 32,781,475
Other debt 1,135,139
183,171,814
Bonds maturing in current fiscal year
8,019,900
SRF loan principal maturing in current fiscal year
1,712,624
Bonds reimbursable by DWS
10,722,800
20.455.324
Total amount of debt applicable to debt Imut
Legal debt margin
Table 7
SIO 083,383,652
1,512,507,548
162,716,490
$1,349,791,058
(A) The bonded debt lumtation of the County of Hawaii is established at 15% of the
total assessed value of all county real property as established for tax purposes on the
last tax assessment rolls
(B) The Constitution of the State of Hawaii, as amended in 1978, states that the debt
limitation is not applicable to indebtedness incurred under revenue bond statutes,
or by a public enterprise when the only security for such indebtedness is the
revenues of such enterprise, or of indebtedness incurred under special
improvement statutes when the security for such indebtedness is the properties
benefited or improved or the assessments thereon, or, under certain conditions,
to certain types of general obligation bonds issued by the County or State of Hawaii
141-
4
_1
—142—
Z c
x
r
a
a
c
c
Z
co
u
N
z n
N
T
u
7
v
7
y
-
N..
N-
O
Q
-
--
y
N
Z
C2
T
-
en
T
N
y
�?
a0
O
O
°e
'o
O
O
u
�+
J
J
N
U
C
u
=
� u
r
r
oo
r
o
e
-•
N
Q
o
5 c
aD
O
r
T
r
r
N
C
T
N
C a
N
vii
N
O
10
0.
co
a
r
r
v
m 3
oo
T
3
c
T
Ni
oo
n
T
aG
h
x
N
cr
O T
P
M
n
P
v`^t
.D
..
vO1
L
V
T
y
P
N�
N
N
y
V
y�
y
Vai
NQ1
70
T
Q�
y
p
r
a
o
0
o
c
o
T
L v
N
N
vt
r
OO
n
=
N
V
CL.
<
cu =
yl
a
m
aaaaa�aaa8
—142—
Table 9
COUNTY OF HAWAII
Ratio of Annual Debt Service Expenditures
For General Obligation Bonded Debt
To Total General Governmental Expenditures
Last Ten Fiscal Years
-143-
Ratio of Debt
Total
Total
Service to General
Fiscal
Debt
General
Governmental
Year
Principal
Interest
Service
Expenditures
Expenditures
1991
52,681,000
$6,324,606
$9,005,606
$102,457,902
88%
1992
3,026,000
6,137,804
9,163,804
115,070,212
80%
1993
3,992,000
5,936,363
9,928,363
123,140,556
81%
1994
4,923,187
6,459,361
11,382,548
134,984,061
84%
1995
5,335,443
6,245,235
11,580,678
139,831,035
8 3%
1996
5,327,414
6,067,082
11,394,496
140,225,931
81%
1997
5,984,439
7,597,939
13,582,378
153,420,338
89%
1998
6,422,996
7,724,699
14,147,695
158,376,171
89%
1999
7?93 319
7,481,465
15,274,784
156,703,788
97%
2000
8,688,267
7,693,992
16,382,259
156,081,429
105%
-143-
Table 10
COUNTY OF HAWAII
Demographic Statistics
Last Ten Fiscal Years
Fiscal Per Capita School Unemployment
Year Population Income Enrollment Rate A
1990
120,317 •
$16,393
26.745
40%
1991
127,350
16,642
27,834
45%
1992
131,272
16,948
28,587
81%
1993
134.191
17,284
29,433
75%
1994
136,284
17,710
30,164
108%
1995
138,537
18,352
28,188••
102%
1996
139.726
18,825
30,497'•
99%
1997
141,848
19,147
30,599
102%
1998
143.135
19,686
30,715
97%
1999
142,390
N/A
29.926
87%
(A) Calendar year
Sources • 1990 Census (all other population figures as estimated by State
Department of Planning and Economic Development)
•• Public school enrollment only
Other data from County Department of Research and Development
144-
Z
O
U
PA
-145-
Ci m
o
d
n
°p
yv
25
omo
a<
o
a
a
a
a<<
a
eo-i
�
z
z
z
z
z
z
z z
v:
ry
n
O•
N
M
-
01
00
N
Vlr 1
Q
v'1
m
000
aro
P
N
C
N
N
rrh
-145-
Ci m
n
°p
yv
25
omo
v
o
opo
a
eo-i
�
ry
m
r
O
N
r
o
v:
ry
n
O•
N
M
-
01
00
N
Vlr 1
Q
v'1
m
000
aro
P
N
C
N
N
rrh
v
o.
�o
N
N
a,
r
o
o
m
o•
IComo
v
o
o
ao
o—
m
r
o•
—
0
M
rti
ri
r
M
Q
Y1
Q
r
z
-145-
Ci m
n
°p
yv
25
omo
v
o
opo
a
eo-i
�
�n
a
�n
o
-•
vi
v,
a
Q
O•
N
M
-
P
00
N
Vlr 1
Q
v'1
m
000
aro
P
N
C
N
N
rrh
v
o.
�o
N
N
a,
r
o
o
m
o•
0
h
Q
N
r
M
Q
Y1
Q
r
z
-145-
Ci m
O•
N
M
-
P
00
N
Vlr 1
Q
v'1
m
000
aro
P
N
C
N
N
rrh
v
o.
�o
N
N
a,
r
o
o
m
o•
N
h
Q
N
r
M
Q
Y1
Q
r
L
u
O
6.
N
m
b
N
N
N
O•
r
0
h
^
N
N
M
Q
M
N1
M
M
M
M
O
`^
U
YI
T
T
T
a
a
T
a
O�
Ol
O,
-145-
Ci m
Table 12
COUNTY OF HAWAII
Miscellaneous Statistical Data
June 30, 2000
Date first charter adopted
June 1968
Form of government
Mayor Council
Area in square miles
4,038
Miles of streets (County only)
861
Number of street lights
8,462
Fire protection
Number of stations
18
Number of fire fighters and officers
(exclusive of volunteer fire fighters)
284
Police protection
Number of stations
8
Number of substations
4
Number of police officers
391
County water service
Number of consumers
35,084
Average consumpnon in gallons per day
22,820,571
Niles of water Innes
1,848
Miles of sanitary sewers (County only)
47
Number of building pernuts issued
Building permits
3,466
Electrical perms
2,939
Plumbing permits
2,485
Sign permits
67
Recreation and culture
Number of parks
118
Number of gyms and recreation centers
38
-146-