Ka Wai Ola - Office of Hawaiian Affairs, Volume 16, Number 4, 1 April 1999 — OHA FINANCIAL REPORT [ARTICLE]

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OHA FINANCIAL REPORT

Year to Date Feb. 28

Cash received Ceded land re\ enue: $ 7.550,000 State general fund: $ 2,729,382 Federai grants: $1.062,308 Native Hawaiian Revolving Loan Fund (NHRLF) interest: S 336.573 Hawaiian projects: $ 54.252 Native Hawaiian rights: S 13,099 Other revenue: $ 161.150 Portfolk> ineome reinvested: S 7.406.286 Total casti received: $ 19,313,761 Disbursements and encumbrances* Operations/ī>rograms Payroll: $ 3.296,282 All other costs: | $5,384.504 GSPD gr;uits:** $ 222.379 Educational eouneil: $ 164.169 Native plant projects: $ 138.538 NHRLF loan distributions: $315,000 Native Hawaiian rights: $ 125,000 Hawaiian projects: $42,088 Other BOT actions: $ 3.263,241 lnvestment fees: $929,699 Total disbursements and encumbrances: $13,880,900 OHA Cash investments Treasury cash*** General funds: $719,185 Public land trust: $ 8,369,352 Hawaiian projects fund: $ 322.749 Native Hawaiian rights fund: $ 129,860 NHRLF: $2,218,413

Federal grants: $4.819 lnstitutional cash Bankof Hawai'i - FHL Bank of Seattle: $ 6,268 First Hawaiian Bank: - Funding account: $ 14,281 - Home improvement account: $ 1,179,690 - Loan program repayments: $ 95,437 NHRLF: T-bills and money market: $ 7.300.070 NHRLF: Time deposit account: $ 1,000,000 Small distribution fund (pett\' cash): $ 10,000 ' lnvestment portfofio (market value) STIF account: $ 28.834,994 Equities (stocks): $ 172.529,874 Fixed ineome (bonds): $ 103.564,466 Total cash and investments: $ 336,718,196 Unbudgeted commitments***** OHA/DHHL loans: $ 16,853.464 Hawai'i Habitat loans: $6.381,076 Ceded land inventory: $ 425.000 Educational foundation: **** GSPD: All other: $6.824,716 Total unbudgeted commitments: $ 30,484,340 * 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 1, 1998. Therefore, this report reflects seven months of operations.