Ka Wai Ola - Office of Hawaiian Affairs, Volume 15, Number 5, 1 May 1998 — OHA FINANCIAL REPORT [ARTICLE]

OHA FINANCIAL REPORT

Year to Date Feb. 28, 1998

Cash received Ceded Land Revenue: $7,556,347 State General Fund: $2,808,201 Federal grants: $107,449 Native Hawaiian Revolving Loan Fund (Interest): $187,611 Hawaiian Projects: $43.359 Native Hawaiian Rights: $52,382 Other revenue $38,840 Portfotlo ineome reinvested: $7,371,512 Total Cash Received: $18,165,701 I)isbursements and Encumbrances* Operations/Programs Payroll: $3.504,1 19 AU other costs: $4,133,315 Grants:** $231,010 Educational eouneil: $92,938 Native plant projects: $30,342 Other BOT actions: $340,222 Investment manager/custodial Fees: $333,664 NHRLF loan distributions: $378.770 Total disbursements and encumbrances S9, 044, 380 OHA Cash lnvestments Treasury Cash General funds $509,357 Public land trust: $3.188,358 Hawaiian projects fund: $272,867 Native Hawaiian rights fund: $230,867 Mauna 'Ala repository: $412,742 NHRLF: $1,229,377 Federal grants $3 1 ,878

lnstttutional Cash Bank of Hawai'i - FHL Bank of Seattle $6,088 First Hawaiian Bank: - Down payment loan program (funding account): $95,987 - Home improvement loanprogram: $5,514 - Loan program repay ments : $141,611 NHRLF: T-bills and cash equivalents: $5,118,220 NHRLF: Time deposit account: $ 1 ,000,000 Small distribution fund (petty cash): $10,000 lnvestment Portfolio (Market value) STIF account: $33,61 1 ,897 Equities (Stocks): $161,808,556 Fixed ineome (bonds) $97,490,691 TotaI cash and investments: $305,163,226 Unbudgeted commitments OHA/OHHL loans: $20,000.000 Hawai'i Habitat loans: $10,000,000 Ceded land inventory (Act 329) (BOT approved): $425,000 Educational Foundation *** GSPD *** All other: $5,942,634 Totat unbudgeted commitments: $36,367,634 * Includes only 1998 appropriations ** In addition to grants executed in 1998, may include prior awards. *** To be determined