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DEBT SERVICE <br />The debt service amendment allows for a bond issue in the first half of FY06-07. <br />EMPLOYEE BENEFITS <br />The Police -Fire -Bandsmen pension accounts have been deleted and fringe benefits <br />expenditures (Pension, FICA, and Health) have been amended with updated cost figures. <br />MISCELLANEOUS <br />The transfers to the Solid Waste, Golf Course, and Housing Funds have been amended <br />as a result of the revisions to their budget. <br />HIGHWAY FUND <br />REVENUES: <br />The fund balance carryover has been increased to reflect our updated carryover <br />projection. <br />EXPENDITURES: <br />TRAFFIC <br />A clerk and four helper positions have been added to reduce the backlog and shorten the <br />response time for maintenance and operations. Smart signs and temporary speed <br />humps are being requested to implement a proactive speed reduction program. <br />Thermoplastic striping utilizing contractual services is being increased to provide for <br />"catch up" activities and reduce maintenance, until such time that all work can be done in- <br />house. <br />HIGHWAY MAINTENANCE <br />Overtime accounts have been increased to provide more opportunity to resurface our <br />roads in-house. Rising costs have forced us to increase the budgets for equipment parts, <br />repairs, and fuel. <br />MISCELLANEOUS <br />Added to the Transfer to Capital Projects Fund account are the lapsed Council funds for <br />new street lights installation and the funds for warehouse facilities in Kona and South <br />Hilo. The retirement benefits account has been updated to reflect projected needs. <br />SEWER FUND <br />REVENUES: <br />The drawdown from the Fund Balance Reserved for Replacement Fund has been <br />reduced due to changes in expenditures. <br />EXPENDITURES: <br />The Wastewater Division has amended its budget to reflect the request for two 20 cubic <br />yard sludge trailers and the revisions to their replacement reserve repairs. <br />