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KELLY GREENWELL i.8 wY `. Phone: (808) 327 -3642 <br /> Fax: (808) 3294786 <br /> Council Member � <br /> 'District 8 - North Kona <br /> "I.: ��` J �'.I i Email: kgreenwelllco.hawaii.hi. us <br /> Hawai `i County Council <br /> County of Hawai `i <br /> Kailua Trade Center <br /> 75 -5706 Manama Place, Suite 109 0 <br /> Kailua -Kona, Hawaii 96740 C. <br /> 6 -c <br /> Memorandum No. 40; i <br /> To: J Yoshimoto, Chair - > -r7 �� <br /> r; <br /> And Members of the County Council - -', 0 <br /> From: Kelly Greenwell, Council Member K <br /> Date: May 25, 2010 <br /> Subject: Proposed Amendment to Bill 211, Draft 3 <br /> Below for your consideration is a proposed amendment to Bill 211, Draft 3, regarding the <br /> operating budget. This proposed amendment would decrease the General Fund Revenues Real <br /> Property Taxes by $23,000,000 and increase Revenues ARRA Grants by $50,000,000 while <br /> increasing Expenditures Post - employment Benefits (GASB) by $11,000,000, Provision to <br /> Restore Furloughs by $7,000,000 and Provision to Restore Funding by $9,000,000. <br /> The following amendment affecting appropriation(s) to the revenue account(s) and expenditure <br /> account(s) are reflected below: <br /> Comm. No. 7//. 200 <br /> Ref. To: ao c Un / <br /> Serving the Interests of the People of Our Island Ref. Date MA 2 8 2010 <br /> Hawaii County is an Equal Opportunity Provider and Employer <br />