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Hawaii County finance director says new system will shorten delayed budget reports; ending fund balance reported at $270.5 million
Summary
Finance Director Diane Nakagawa told the Committee on Finance that implementation of a new financial system should reduce long reporting lags; the county reported an ending fund balance of $270,528,719.39 and staff said about $167,033,719 remains after a $59 million appropriation for temporary hazard pay.
Diane Nakagawa, director of the Hawaii County finance department, told the Committee on Finance in Kona that a recently implemented financial system is behind earlier-than-desired monthly report delays but will produce timelier monthly budget status reports once year-end close issues are resolved. “It has been, a tremendous effort,” Nakagawa said, describing the July go-live of the new platform and the department’s work to stabilize it.
Controller John Arboles told the committee the reporting lag improved from an average of seven to eight months in 2024 to about four to five months in 2025 and that the office’s goal is to limit delays to…
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