Ka Wai Ola - Office of Hawaiian Affairs, Volume 15, Number 8, 1 ʻAukake 1998 — OHA FINANCIAL REPORT [ARTICLE]

OHA FINANCIAL REPORT

Year to Date June 30, 1 998

Cash received Ccded Land Revenue: $ 1 5, 106,347 State Oeneral Fund: $2,808,201 Federal grants: $367,059 Native Hawaiian Revolving Loan Fund (lnterest): $420,386 Hawaiian Projects: $69,788 Native Hawaiian Rights: $64,150 Other revenue: $155,512 Portfolio ineome reinvested: $10,161,073 Total Cash Received: $29,152,516 Disbursements and Encumbrances* Operations/Programs Payroll: $5,077.507 AU other costs: $5,808,45 1 GSPD Grants:** $783,216 Educational eouneil: $148,600 Native planl projects: $95,498 Native Hawaiian Rights: $875 Education Foundation scholarships: $350,000 Other BOT actions: $65 1 ,68 1 Investment manager /custodial Fees: $885,751 NHRLF loan

distributions: $621,770 Total disbursements and encumbrances: $14,440,801 OHA Cash lnvestments Treasury Cash*** General funds: $596,265 Public land trust: $7,633,599 Hawaiian projects fund: $299,392 Native Hawaiian rights fund: $241,761 Mauna 'Ala repository: $0 NHRLF: $1,730,649 Federal grants: $21,568 lnstitutional Cash Bankof Hawai'i - FHL Bank of Seattle: $6. 1 53 First Hawaiian Bank: - Down payment loan program (funding account): $94,171 - Home improvement loan program: $96,467 - Loan program repayments: $15,106 NHRLF: T-bills and money market: $6,283,01 1 NHRLF: Time deposit aeeounl: $1,000,000 Small distribution

fund (petty cash): $10,000 lnvestment Portfolio (Market value) STIFaccount: $32,653,911 Equities (Stocks): $167,845,574 Fixed ineome (bonds) $100,422,469 Total cash and investments: $318,980,096 Unbudgeted commitments OHA/DHHL loans: $20,000,000 Hawai'i Habitat loans: $10,000,000 . Ceded land inventory -• (Act 329) (BOT approved): $425,000 Educational Foundation **** i GSPD **** All other: $4,864,724 Total unbudgeted commitments: $35,469,292 * 1998 appropriations only. ** In addition to 1998 grants executed, may include prior awards. ■ *** ncludes restricted cash for encumbrances **** To be determined/clarifie ***** Net of disbursements and encumbrances 2/