Ka Wai Ola - Office of Hawaiian Affairs, Volume 16, Number 2, 1 February 1999 — OHA FINANCIAL REPORT [ARTICLE]

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OHA FINANCIAL REPORT

Year to Date Dec. 31

Cash received Cedcd land revenue: $ 7,550,000 State general fund: $ 2.729,382 Federal grants: $ 993,228 Native Hawaiian Revolving Loan Fund (NHRLF> interest: $ 182,734 Hawaiian projects: $ 46.330 Native Hawaiian rights: $ 4,788 Other revenue: $ 159,719 Portfolio ineome reinvested: $5,263,712 Total cash received: $ 16,929.893 Disbursements and encumbrances* Operations/Programs Payroll: $2,461,264 All olher costs: $5.048,533 G.SPD grants:** $ 105.419 Educational eouneil: $ 106,030 Native plant projects: $ 116,087 Native Hawaiian rights: $ 125.000 Other BOT actions: $ 3,029.701 Hawaiian projects: $41.988 NHRLF loan distributions: $315.000 Total disbursements and encumbrances: $11,349,022 OHA Cash investments Treasury cash*** General funds: $ 823,983 Puhlie land trust: $ 8.080.682 Hawaiian projects fund: $ 325,755 Native Hawaiian rights fund: $ 121.549 NHRLF: $ 1,931.856 Federal grants: $ 8.857 "

lnstitutional cash Bank of Hawai'i - FHL Bank of Seattle: $ 6,243 First Hawaiian Bank: - Funding account: $ 288,577 - Home improvement account: $ 1,182,942 - Loan program repayments: $ 68,986 NHRLF: T-bills and money market: $7.162.465 NHRLF: Time deposit aeeounl: $ 1.000,000 Small distribution fund (petty cash): $ 10,000 investment portfolio (market value) STIF account: $27,056,315 Equities (stocks); $ 173,216,836 Fixed ineome (bonds): $ 105,413,732 Total cash and investments: $ 326,698,777 Unbudgeted commitments***** OHA/DHHL loans: $ 17,481,872 Hawai'i Habitat loans: $6,381,076 Ceded land inventory: $ 425,000 Educational foundation: **** GSPD ♦*** All other: $ 7,322.548 Total unbudgeted commitments: $ 31,610,496 * 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 began on July /, 1998. Therefore, this report reflects six months of operations.