Budget, Finance, and Economic Development Committee (2025-2027), March 10, 2026
Votes on Acquisition of Kaeyhu Bay Property at 104A Lower Waiahu Beach Road
What happened
The Budget, Finance, and Economic Development Committee received an update from the Employees Retirement System (ERS) showing the county contributes approximately $65-67 million annually to ERS with a 63.5% funded status.
- Jurisdiction
- Maui County, HI
- Governing body
- Advisory (makes a recommendation)
- Date
- March 10, 2026
- Decisions
- 1 zoning decision
- Outcome
- Deferred
Free sample: decision 1 of 1
Acquisition of Kaeyhu Bay Property at 104A Lower Waiahu Beach Road
Bill 102-2025 and Resolution 25-53 proposing $480,000 acquisition of 0.41 acres (TMK 2-3-3-001-034) from The Church of Jesus Christ of Latter-day Saints for open space conservation. The Mayo family testified the LDS Church lacks valid title, claiming the 1938 transfer from Wailuku Sugar Company was...
Meeting Summary
The Budget, Finance, and Economic Development Committee received an update from the Employees Retirement System (ERS) showing the county contributes approximately $65-67 million annually to ERS with a 63.5% funded status.
Key Decisions (1)
Acquisition of Kaeyhu Bay Property at 104A Lower Waiahu Beach Road
Market Signals (3)
Other
ERS employer contribution rates are 24% of salary for general…
Other
County of Maui is projected to reach 100% funded status…
Labor
Approximately 12,500 of 66,826 active ERS members are eligible to…
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