Have you heard how the Hawaii County government manages money? Keep in mind that if a government doesn't manage money properly, we all pay for it in the long run (residents, visitors, businesses). Here is one example that you can form your own opinion on. Is the Hawaii County Government doing a good job or a bad job of managing money? You decide.
In 2000, Hawaii County sold a landfill bulldozer as surplus. The price that this bulldozer was sold for was somewhere in the neighborhood of $60,000. It was a 1991 Caterpiller D8-N Hi-Track dozer, valued at $125,000 to $150,000 when it was sold to C&H Ishii General Contractors. For at least the last five years, Ishii has been leasing this piece of equipment back to the county for $15,000 per month!
Ishii was the sole bidder for the lease last year.
Source: West Hawaii Today, Tuesday, April 21st 2009 email: mailto://ncook-lauer@westhawaiitoday.com
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