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Mitchell D. Roth -- oc Nh• , Deanna S. Sako Director Mayor - -` Steven A. Hunt +j;4T. :°'per-= Deputy Director County of Hawaii Finance Department 25 Aupuni Street,Suite 2103 • Hilo,Hawaii 96720 (808)961-8234 • Fax(808)961-8569 April 30, 2021 cD Maile Medeiros David, Council Chair and =c--) Members of the Hawai`i County Council a ~+ Hawai`i CountyCouncil °`' C.) 25 Aupuni Street Hilo, Hawai`i 96720 Re: Operating Budget Pursuant to Sections 10-15 and 10-16 of the County Charter, 2% of real property tax revenues, (including penalty and interest) must be transferred from the General Fund to the Public Access/Open Space, and Natural Resources Preservation(PONC) Fund, and .25% of these tax revenues must be transferred to the Public Access/Open Space, and Natural Resources Preservation Maintenance Fund. Real property tax penalties revenue is expected to exceed the amount budgeted for FY 2020-21, requiring additional funds be appropriated into the PONC and PONC Maintenance transfer accounts in order to maintain compliance. Enclosed is a bill for an Ordinance amending the Operating Budget by increasing appropriations of$150,000 to the Transfer to Public Access/Open Space, and Natural Resources Preservation Fund, and $18,750 to the Transfer to Public Access/Open Space, and Natural Resources Preservation Maintenance Fund. In order to ensure that the transfer is completed by the deadline as required by the County Charter, we are requesting that this bill be waived from the Finance Committee and placed on the May 19, 2021 Council Agenda. If there are any questions, please do not hesitate to contact Kay Oshiro of the Finance Department at 961-8425. Deanna S. Sako Director of Finance Enc. c: Accounts 2S11 <B1 3SComm. No. > Ref. To: CM W rc/) Hawai'i County is an Equal Opportunity Employer and Provider Ref. Date SAY 1 0 2021