|
COUNTY OF HAWAII
<br /> Notes to the Basic Financial Statements
<br /> June 30,2007
<br /> component. Local governments are required to satisfy each of the three components to pass
<br /> the annual test. Management believes that the County has satisfied each of the components of
<br /> the local government financial assurance requirements.
<br /> 10. LONG-TERM DEBT
<br /> General Obligation Bonds
<br /> The County issues general obligation bonds to provide funds for the acquisition and
<br /> construction of major capital facilities. These bonds have been issued by the County for the
<br /> primary government,component unit activities(see Note 14)and an improvement district.
<br /> The following is a summary of general obligation bond transactions reported in the
<br /> government-wide statement of net assets for the County for the fiscal year ended June 30,
<br /> 2007:
<br /> Bonds Issue Bond Balance Bond Balance Due within
<br /> Authorize Amoun t June 30,2006 Issues Retirements June 30.2007 one ve ar
<br /> 1993 Ref&PI $86,770,000 $35,565,000 S — $ 4,295,000 $31,270,000 $ 4,530,000
<br /> 1999 Series A 30,000,000 25,160,000 — 22,170,000 2,990,000 1,455,000
<br /> 1999 Refunding 18,940,000 2,710,000 — 2,710,000 —
<br /> 2001 Series A 23,000,000 13,871,739 — 11,223,913 2,647,826 622,826
<br /> 2003 Series A 36,310,000 36,310,000 — 1,440,000 34,870,000 1,470,000
<br /> 2004 Series A 30,000,000 30,000,000 — — 30,000,000 1,130,000
<br /> 2004 Ref Series B 19,545,000 19,545,000 — 1,600,000 17,945,000 1,665,000
<br /> 2004 Ref Series C 5,050,140 4,602,776 — 456,588 4,146,188 465,812
<br /> 2004 PI Series A 2,776,400 2,776,400 — 34,317 2,742,083 35,947
<br /> 2004 PI Series B 920,000 920,000 12,246 907,754 12,782
<br /> 2004 PI Series C 191,093 191,093 — 35,993 155,100 37,073
<br /> 2006 Series A 25,000,000 25,000,000 — — 25,000,000 757,500
<br /> 2007 Series A 85,000,000 85,000,000 — 85,000,000 —
<br /> 2007 Series B 20,820,000 — 20,820,000 — 20,820,000 -
<br /> 2007 Series C 10.787388 10,787.388 10,787,388
<br /> 395,110,021 196,652,008 116,607,388 43,978,057 269,281,339 12,181,940
<br /> Add unamortized
<br /> premium 5,420,154 3,296,826 1,789,402 226,272 4,859,956 271,008
<br /> Less deferred amount
<br /> on refunding (2.828.759) (1,099,902) (1,534,757) (206,138) (2,428,521) (248,722)
<br /> s39Z701.416 $198.848.932 $116.862.033 s43,998.191 5271.712,774
<br /> -64 -
<br />
|