Ka Wai Ola - Office of Hawaiian Affairs, Volume 16, Number 1, 1 January 1999 — OHA FINANCIAL REPORT [ARTICLE]

OHA FINANCIAL REPORT

Year to Date Nov. 30

Cash received Ceded land revenue: $ 3,775,000 State general fund: $ 2.729.382 Federal grants: $ 955.759 Native Hawaiian Revolving Loan Fund (NHRLF) interest: $ 155.568 Hawaiian projects: $ 26,382 Native Hawaiian rights: S 4,788 Other revenue: $ 147,989 Portfolio ineome reinvested: $ 4,562.463 Total cash received: $ 12,357,331 Disbursements and encumbrances* Operations/Programs Payroll: $ 2.020.504 All other costs: $ 4,870,083 GSPD grants:** $0 EducationaI eouneil: $ 100,823 Native plant projects: $ 100,379 Native Hawaiian rights: $ 125, (XX) Other BOT actions: $ 2.936,056 NHRLF loan distributions: $ 269,000 Totai disbursements and encumbrances: $10,421,845 OHA Cash investments Treasury cash*** General funds: $ 990,053 Public land trust: $9,163,620 Hawaiian projects fund: $ 326.768 Native Hawaiian rights fund: $ 121,549 NHRLF: $ 1,917,943 Federal grants: $ 6,870 . ■

institutional cash Bank of Hawai'i - FHL Bank of Seattle: $ 6,229 First Hawaiian Bank: - Funding account: $43,010 - Home improvement account: $ 1,027,545 - Loan program repayments: $ 57,394 NHRLF: T-bills and money market: $7.162.465 NHRLF: Time deposit account: $ 1.000.000 Small distribution fund (petty cash): $ 10.000 investment portfolio (market value) STIF account: $ 27,949,945 Equities (stocks): $ 162.438.762 Fixed ineome (bonds): $ 105.116.966 Total cash and investments: $ 317,339,119 Unbudgeted commitments***** OHA/DHHL loans: $ 17,710,310 Hawai'i Habitat loans: $6.381,076 Ceded land inventory: $ 425,000 Educational foundation: **** GSPD: **** All other: $7,393,612 Total unbudgeted commitments: $ 31,909,998 * FY99 appropriations only. ** In addition to 1999 grants executed, may include prior awards. *** Includes restricted cash for encumbrances **** To be determined ***** Net of disbursements and encumbrances Editor's note: The 1999 fiscal year hegan on July 1, 1998. Therefore, this report reflects five months of operations.