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COM 0402.001 1996-1998
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COM 0402.001 1996-1998
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Last modified
12/23/2015 11:09:32 AM
Creation date
5/10/2008 7:54:40 PM
Metadata
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Communications
Communications - Type
COM
Communications - Council Term
1996-1998
Communication
0402
Point
001
Author
Liana Cox, Legislative Assistant
Communications - Referred To
FC
Comments
Presented: FC - 8/5/97. On 12/23/2015 scanned in copies of attachments (pp 4-21, copies of Res 397-88 Draft 3 and Res 351-91 Draft 2) prior to destruction of records.
Communications - File Code
FND/CIP
Document Relationships
AGE FC 08/05/1997 1996-1998
(Related)
Path:
\Council Records\Agendas\1996-1998\Finance Committee (FC)
COM 0402.000 1996-1998
(Related)
Path:
\Council Records\Communications\1996-1998
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• <br /> EXHIBIT A <br /> This exhibit is intended to guide the appropriation of funds <br /> generated by the one-cent per liter fuel tax increase . Funding <br /> shall be distributed among the districts in accordance with a <br /> district apportionment formula which takes into account the <br /> percentage of vehicle weight taxes collected and percentage of <br /> road miles in each district . The distribution formula used for <br /> this exhibit is as follows : <br /> • <br /> % Vehicle % Road District <br /> District Weight Tax Miles Apportionment <br /> Puna 12. 17 21 . 33 16 .75% <br /> South Hilo 44.52 33 .76 39. 10% <br /> North Hilo 1 . 27 3.02 2. 15% <br /> Hamakua 5 .96 6 .44 6. 20% <br /> North Kohala 2. 72 2 .76 2. 74% <br /> South Kohala 5 .96 7 .92 6.94% <br /> North Kona 14.94 11 .46 13. 20% <br /> South Kona 8.46 4. 29 6 . 38% <br /> Kau 3.96 9 .11 6 .54% <br /> Approximately $15 million will be generated by the fuel tax <br /> increase over the 10-year period. Funds shall be appropriated for <br /> projects as delineated in the following incremental schedule: <br /> INCREMENT I <br /> PUNA - $502,500 <br /> Pahoa School Flashing Lights $30,000 <br /> Puna - Continuous Street Lights 50 ,000 <br /> Kaimu Beach Rd 40,000 <br /> Hwy 137/Kapoho-Pohoiki 100 ,000 <br /> Milo St/fr . Keaau Village 30,000 <br /> Opihikao Rd/Truck Ramp 50,000 <br /> Pohoiki Rd 200,000 <br /> $500,000 <br />
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