By A. Kam Napier, includes “… To get a better feel for the city's financial condition, we went over the CAFR with Andrew Kawano, the former Foodland executive who is now the city's new director of budget and finance. … What is not improving is the city’s long-term debt picture, which has grown from $3.8 billion in 2010 to $6.2 billion in the 2020 report. … the situation was enough to earn an “F’ grade from the Mainland watchdog group Truth in Accounting, which analyzed city debt on a per capita basis for 75 cities.”
Read the full article on: Hawaii Public Radio