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The Honorable Chairman Stacy Higa <br />and Members of the County Council <br />Page 8 <br />March t, 2006 <br />Culture and Recreation — $3.4 million. <br />• P & R Department - West Hawaii golf, $700,000 <br />- Old Airport Park/Kona maintenance, $459,817 <br />- Park Ranger program, Kahalu'u Beach Park, $130,000 <br />Health Fund — $4.5 million. <br />GASB 45 reserves, $4,000,000 (see previous explanation in the Reserves section). <br />Miscellaneous — Major expenditure changes include: <br />Transfer to Self-insurance Fund $1,000,000 <br />Transfer to Public Access/Open Space Pres. Fund $3,000,000 <br />Transfer to Rainy Day Fund 4,000,000 <br />CONCLUSION <br />The increase in projected real property tax revenues will once again enable the County to <br />commit more resources to improving services to residents of Hawaii County. As this is <br />done, however, the need to establish proper reserves for the future, and to make sure that <br />sensible limits are placed on growth, must be addressed. <br />Taxpayers should not be taxed out of their properties. And residents are entitled to live in <br />safe, decent, and affordable homes, receive accessible transit services, and be able to <br />receive a wide range of recreational, public safety and other County services that improve <br />quality of life. <br />The budget being submitted with this message is aimed at addressing these major goals. <br />We welcome the opportunity to discuss it in further detail with you and thank you very <br />much for past support. <br />Alo , <br />H rry Kim <br />Mayor <br />Attachments <br />