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JNtr or Nq~4 <br /> ~ William G. Davis <br /> ~d~6iv. <br /> <br /> Stephen K. Yamashiro Managing Director <br /> Mayor <br /> Henry Cho <br /> +j--~ Deputy Managing Director <br /> qfF os•HA~' <br /> ~D1Y1T~'~J D~ ~.~I~11tTtt <br /> 25 Aupuni Street, Room 215 Hilo, Heweii 96720-4252 (808) 961~j111 Fax (808) 961-6343 , <br /> KONA: 75-5706 Kuakini Highway, Suite (03 Kailua-Kona, Hawaii 96740 <br /> (808) 329-5226 Fax (808) 326-5663 <br /> April 24, 1998 <br /> The Honorable James Y. Arakaki, Chair <br /> and Council Members <br /> Hawaii County Council <br /> 25 Aupuni Street <br /> Hilo, HI 96720 <br /> Chairperson Arakaki and Members of the Council: <br /> The amended Operating Budget for the County of Hawaii for <br /> the fiscal year 1998-99 is hereby submitted. As amended, <br /> the Operating Budget for all funds totals $180,093,687, a <br /> net reduction of $652,972 from our earlier March 1 <br /> submittal. All of the adjustments are within the General <br /> Fund. <br /> we have prepared a narrative of the adjustments and a <br /> table illustrating the specific increase or decrease to <br /> each account. Again, our revenue projection for the <br /> County's share of the Transient Accommodations Tax is <br /> based upon the current formula. <br /> we look forward to working with the Council in developing <br /> a financial plan for the 1998-99 fiscal year. <br /> Respectfully Submitted, <br /> o~--a <br /> S phen K. mashiro <br /> Mayor, County of Hawaii <br /> r ti ~ i <br /> ~~z,z~ <br /> c~3~~. nta <br /> P11® no. 6uA <br /> ]eeff rlbl G.ov N U L <br /> art. rICY 5 1998 _ _ <br /> <br />