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<br /> <br /> <br /> tV OF <br /> Harry Kim !o William Takaba <br /> Mayor Director <br /> • Nancy E. Crawford <br /> • Deputy Director <br /> •••;Oi•M'~ <br /> <br /> County of Hawaii <br /> Finance Department <br /> 25 Aupuni Street, Room 118 • Hilo, Hawaii 96720 <br /> (808) 961-8234 • Fax(808)961-8248 <br /> <br /> October 6, 2004 <br /> <br /> <br /> Honorable James Arakaki, Chairperson and 7) c <br /> Members of the County Council - <br /> Hawai'i County Council <br /> 25 Aupuni Street <br /> Hilo, HI 96720 <br /> Re: HIGHWAY FUND FUND BALANCE <br /> <br /> Pursuant to Section 10-8 of the Hawai'i County Code relating to supplemental appropriations, I <br /> am taking this means to certify there is a balance of $2,844,082.15 in the Highway Fund fund <br /> balance as of June 30, 2004. Currently, while we are reviewing requests for supplemental <br /> funding from the fund balance, there is an immediate need that we provide funding for <br /> equipment necessary for the new and additional Highway Maintenance positions being funded <br /> in Bill 310 and Resolution 225-04. <br /> <br /> Enclosed is a bill for an ordinance amending the Operating Budget by increasing the Highway <br /> Fund's Fund Balance From Previous Year account by $298,200 and appropriating it to the <br /> Highway Maintenance Administration Equipment account. <br /> Upon completion of our departmental reviews, we will be coming back to you with a proposal to <br /> appropriate the balance of the Highway Fund fund balance. <br /> <br /> If there are any questions, please do not hesitate to call the Department of Public Works. <br /> <br /> Aloha, <br /> <br /> <br /> 44) <br /> Harry Kim <br /> (t/ Mayor <br /> <br /> Enc. <br /> <br /> cc: Department of Public Works <br /> ~g~)j 3gW? <br /> Comm. No.lk0!a~ <br /> Ref. Tor <br /> Hawaii County is an equal opportunity provider and employer. Ref. Date ACT 7~ <br />