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HomeMy WebLinkAboutCOM 0755.005 2016-2018Harry Kim Mayor JMtv,v� p♦� . .Mof:�.� E'oF'►+�`:tl County of Hawaii Finance Department 25 Aupuni Street, Suite -2,103, Hilo, Hawaii 96720 (80.8) 961-8234 - • fax (808).961-8569 Deanna S. Sako Director Nancy Crawford Deputy Director April 17, 2018. Valerie Poindexter,. Council Chair and Members of the Hawaii County Council Hawaii County Council 25 Aupuni Street Hilo, Hawai`.i 96720 Re: Finance PowerPoint Presentation — Finance Committee Special Meeting Enclosed is a PowerPoint'presentation' to be .presented during the FY2019 Budget Finance Committee Special Meeting(s). If there are any questions,. please do not hesitate to contact the Finance Department at 961-8234. Deanna S. Sako Director of Finance Enc. GM N0o Ref. T®: Hawaii County is -an Equal Opportunity Employer and Provider County of Hawaii Fiscal Year 2018-19 Budget Fiscal Year 2018-19 Budget $515,710,662 Other Services & Functions 40,283,498 Police Services Debt Service 67,453,170 __ ___ ___ Fire Services Fringe Benefits 106,559,330 PONC & Main 7,094,2 Finance Public Works Housing & Community Mass Transit 13,272,185 17,866,093 Development 15,674,785 25,621,357 Prosecution 10,453,416 Highways and Streets 32,836,903 Parks & Recreation 27,955,389 Environmental Mgmt (Solid Waste & Sewer) 53,388,975 600,000,000 500,000,000 400,000,000 300,000,000 200,000,000 100,000,000 0 TAT Distribution FY 2008 - 2017 8.33% FY07-08 FY08-09 FY09-10 FY10-11 FY11-12 FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 State Other Counties mHi County HI County % of total 50.00% 45.00% 40.00% 35.00% 30.00% 25.00% 20.00% 15.00% 10.00% 5.00% 0.00% Widening Gap between Income & Expenses 450,000,000 400,000,000 • Operating expenses cut and 350,000,000 trimmed while maintaining 300,000,000 services • Facility maintenance and 250,000,000 equipment purchases deferred 200,000,000 • Reserves not funded (beyond County Code requirements) 150,000,000 • Increased bargaining unit and 100,000,000 benefit costs mandated by the State 50,000,000 General Fund Expenditures FY 2012-2019 0 FY12 FY13 FY14 FY15 FY16 FY17 FY18* FY19** Bud Esti Debt service Other exp � Benefits Total S&W Revenues KO $40,000,000 $35,000,000 $30,000,000 $25,000,000 $20,000,000 $15,000,000 $10,000,000 $5,000,000 $0 County of Hawaii Fund Balance Trend FY 2011 - 2018 2011 2012 2013 2014 2015 2016 2017 2018 Designated Fund Balance Excess Fund Balance County Budget Comparison Hawaii County Maui County Kauai County Honolulu C&C 2017-18 Operating Budget $ 490,818,577 $ 564,823,962 $ 201,547,850 $ 21449,940,633 Population 200,381 166,348 72,159 988,650 Per Capita Budget $ 2,449 $ 3,395 $ 2,793 $ 2,478 Area (sq mile) 4,028 1,128 552 597 ** Per Sq Mile Budget $ 121,852 $ 500,730 $ 365,123 $ 4,103,753 * Maui budget is Total $781,993,049 less Water, Capital Improvements, Grant Funded Capital Imp ** Maui area includes Molokai and Lanai MAHALO.1