Ka Wai Ola - Office of Hawaiian Affairs, Volume 33, Number 12, 1 December 2016 — Page 5 Advertisements Column 2 [ADVERTISEMENT]

( GRANTS $10,189,212 lncludes grants and sponsorships. This total does not equal the total on pages 12 to 15 as those totals include prior year appropriations. # OVERHEAD $3,990,667 lncludes facility related expenses such as utilities, rent and maintenanee for ŪHA's offices, and other expenses such as equipment costs. O PROGRAM SERVICES $1,503,639 Program Services includes costs directly related to program activities such as printing, advertising, bulk mail and other costs. # CORE PERSONNEL $14,394,466 lncludes salary and fringe, student helpers, worker compensation and other personnel costs. Does not include personnel costs for certain programs with designated sources of funding.

THESE TWO CHARTS give a brief outline of OHA's spending limit as provided by policy and the maximum budget authorization. In addition, the grants authorization listed may not egual the grants and sponsorships reported on page 12 to 15. The numbers listed on page 12 to 15 include prior year authorizations that were to be released to grantees in FY 2016. For further detail, please see the financial statements beginning on page 16

STATE 0F HAWAI'I $3,217,504 General Fund Appropriations by the State Legislature. Q PLT REVENUES $15,100,000 State law says ŪHA is entitled to 20 percent of receipts from the use or sale of the puhlie land trust. Since 2006, the legislature has authorized an interim amount at S15.1 million until it takes further action. 5% 0F THE NHTF PORTFOLIO $17,299,064 The Native Hawaiian Trust Fund includes ŪHA's investment portfolio. Withdrawals are capped at 5% of a 20-guarter rolling average market value to ensure resources are available for future spending. Q FISCAL RESERVE $3,000,000 The Fiscal Reserve is comprised of previously authorized but unused core operating funding.