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REPORT OF THE <br /> COMMITTEE ON FINANCE <br /> DATE: September 16, 1997 Re: Comm. No. 465 <br /> PLACE: Councilroom <br /> TIME: 10:30 A.M. <br /> Chair and Members <br /> Hawaii Countv Council <br /> Hilo, Hawaii 96720 <br /> <br /> Your Committee on Finance, to which was referred Bill No. 131, reports as follows: <br /> Bill No. 131, transmitted by Finance Director Harry Takahashi, via Communication No. 465, dated August <br /> 25, ] 997, amends Ordinance 97-82, as amended, the Capital Budget ending June 30, 1998, by <br /> reappropriating lapsed fuel tax funds and establishing the following district appropriations: <br /> DISTRICT AMOUNT <br /> Circle Island $ 598,880.82 <br /> Puna 1,986.07 <br /> South Hilo 610,223.71 <br /> North Hilo 82,400.00 <br /> Hamakua 5,972.63 <br /> North Kohala 632.08 <br /> South Kohala 17,570.56 <br /> <br /> North Kona 198,133.81 <br /> South Kona 96,087.05 <br /> Ka'u 216,987.61 <br /> Total $ 1,828,874.34 <br /> This ordinance reappropriates lapsed 1994-96 fuel tax district appropriations. Because the original amounts <br /> were established by formula and to maintain equity, lapsed district funds would be reappropriated back to <br /> the respective districts. <br /> Funds for these projects shall be provided from the Fund Balance-Fuel Tax 94-96 Account No. 2271.25 of <br /> the Capital Projects Fund. <br /> Your Committee on Finance is in accord with the purpose and intent of Bill No. 131 and recommends it pass <br /> first reading. <br /> Ike <br /> Ayw Now A&E EX <br /> Respectfully submitted <br /> CHUNG X <br /> LEITHEAD-TOnn X CO TEE ON FINANCE <br /> Rwr x ~ <br /> SANTANGELO X <br /> SMITH X <br /> TYLER X AARON S.Y. HUNG, HAIR <br /> Yncoxc X FC REPORT 136 <br /> nRnxAla, E o.mr. X ADOPTED: (X`i ll i ty~J J <br /> <br />