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JMt'`'--~'~ <br /> ~1W <br /> o°•''...- Dixie Kaetsu <br /> <br /> Harry Kim • ~ad,~,;, <br /> Mayor Managing Director <br /> Barbara J. Kossow <br /> ii,~`d:~--+,°:;M~~ Deputy Managing Director <br /> F p.'•• <br /> v.IILttT'~T~ II~ ~~T~1Ttttt <br /> 25 Aupuni Street, Room 215 Hilo, Hawaii 96720-4252 (808) 961-8211 Fax (808) 961-6553 <br /> KONA: 75-5706 Kuakini Highway, Suite 103 Kailua-Kona, Hawaii 96740 <br /> (808) 329-5226 Fax (808) 326-5663 c7 <br /> iJ <br /> L <br /> January 24, 2007 n <br /> fV <br /> The Honorable Pete Hoffmann, Chairman, -L <br /> and Members of the Hawaii County Council <br /> T <br /> County of Hawaii .3 <br /> 25 Aupuni Street <br /> Hilo, Hawaii 96720 <br /> c~ <br /> Dear Chairman Hoffmann and Members of the County Council: <br /> SUBJECT: HIGHWAY FUND FUND BALANCE <br /> Pursuant to Section 10-8 of the Hawaii County Charter relating to supplemental appropriations, <br /> 1 am taking this means to certify that there is a balance of $3,019,667.86 in the Highway Fund <br /> fund balance as of June 30, 2006. As shown below, we are proposing the appropriation of <br /> $3,016,506 of the fund balance to supplement the Traffic Division - OCE, Traffic Street Lights, <br /> Highway Maintenance Admin -Equipment, Roadside Maintenance Service, Highway Mass <br /> Transit - OCE, and Transfer to Capital Project Fund. <br /> Available Highway Fund fund balance at FY end 06/30/06: $ 3,019,667.86 <br /> Less: Appropriations: 3,016,506.00 <br /> Remaining Fund Balance: $ 3,161.86 <br /> Enclosed is a bill for an ordinance amending the Operating Budget by increasing the Highway <br /> Fund's Fund Balance of the Previous Year account by $3,016,506 and then appropriating it to the <br /> aforementioned accounts. The written explanation of these appropriations is attached to this <br /> transmittal letter. <br /> Also enclosed is a bill for an ordinance that amends the Capital Budget by appropriating <br /> $350,000 of the Highway Fund fund balance that we propose to appropriate to the Transfer to <br /> Capital Project Fund account. This new project, the Traffic Safety & Efficiency Study for <br /> $350,000, will assist the Department of Public Works lay the foundation for developing an <br /> overall strategy to effectively operate their transportation roadways for the next 20-30 years. <br /> Should you have any further questions, please feel free to call the Department of Public Works. <br /> Aloha,1 ~ p <br /> C/~~Y&~9~ Comm. No. ~ 30 <br /> Harry Kim Ref. To: <br /> Mayor <br /> Ref. Uote IAN ~ S?nn7 <br /> Enclosure <br /> C~ 35 3~> Hawai 9 County is an Equaf Opportunity Provider and Employer <br /> <br />