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I <br />.; <br />Funding <br />Significant Budget <br />Changes (+/- FY 98) <br />Comments <br />Budget Summary - Finance Department <br />Prepared by the Legislative Auditor's Office <br />1998-99 Budget Estimate: $6-185,044 <br />1997-98 Budget: $5,936.880 <br />Prior Year Funding: (Actual) <br />93-94 94-95 95-96 <br />$4,567,843 $4,332,164 $4,623,518 <br />March 11, 1998 <br />Change: + $248-164 (4% increase) <br />96-97 <br />$4,790,264 <br />Office Rent & Maintenance OCE (acct. 5121.42) increased $293,600. This increase is a <br />primary source of the increase in this Department's budget. <br />Reason: Development and maintenance of County facilities at the JC Penneys Bldg. <br />and Hanama Place. <br />In its budget summary the Finance Department identified a number of problems that may <br />hinder it from accomplishing its objectives. These included the following: <br />• Outdated accounting system software on Wang computer system - does not facilitate <br />prompt financial report issuance and tracking of data for special management reports; <br />(See pg. M) <br />• Incomplete substantive revisions to chapter 19 - constitutes a threat to the County tax <br />base (See pg. 11); <br />• Tax Board of Appeals issuing decisions beyond the scope of their authority - <br />constitutes a threat to the County tax base (See pg. 12); <br />• The failure to expeditiously terminate a central services agreement with the City and <br />County of Honolulu - constitutes a threat to the entire tax base (See pg. 12); and <br />