COM 0717.043 2004-2006 - Laserfiche WebLink

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Honorable Stacy K. Higa Page 2 May 5, 2006 Major funding sources for next fiscal year that were included in the preliminary budget submission, and continue to be included in this final proposal, are: • Establishing a Budget Stabilization ("Rainy Day") Fund, $4,000,000; • Adding $3,000,000 to the Public Access, Open space, and Natural Resources Preservation Fund; • Adding $1,000,000 to the Self -Insurance Fund; • Adding $500,000 to the Disaster Relief Fund; • Partially funding the future liability of retiree health benefits, $4,000,000; • Offering municipal golf rates in West Hawaii; • Funding 5 positions and purchasing necessary equipment to maintain the Old Kona Airport as a County park, • Developing a Park Ranger program for the Kahalu`u Beach Park; • Repairing various County facilities; • Updating Flood Insurance Rate Maps (FIRM); • Increasing funding for island -wide flood control; • Providing funds to help reduce Coqui frogs; and • Expanding mass transit services. EXPENDITURE CHANGES In the amended budget proposal, funding has been added for the following: General Fund • Reappropriation of Lapsed Accounts, $1,149,504. • Fire Department — Brush Truck & Aerial Ladder Platform Truck, $1,000,000, • Fire Department — Matching Funds for Emission Control Devices, $101,504,- • '101,504;• Prosecutor's Office — Telephone System, S48, 000. Interest on General Obligation Bonds, $1,000,000. Funding will pay for interest on new general obligation bonds. Relocation of Administrative Departments to Accommodate County Building Repairs and Renovations, $720,000. Administrative departments currently occupying the County Building will relocate to other facilities while repairs and renovations to the County Building take place. Funding will pay for rentals, relocation, and janitorial expenses. • Position Changes and Wage Updates, $744,012. (See New Positions, General Fund.) 0 Fringe Benefit Adjustments, $688,400.