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Form #:A -102 COUNTY OF HAWAII <br />Revised: 07/01 <br />REQUEST TO TRANSFER FUNDS <br />DEPARTMENT: Fringe Benefits - Finance DIVISION: <br />CONTACT: Kay Oshiro <br />PHONE: 961 -8425 DATE: 06 / 25 / 10 <br />FISCAL PERIOD: July 1, 20 09 to June 30, 20 10 <br />FROM: ACCOUNT NUMBER ACCOUNT TITLE AMOUNT <br />010.901.5902.17.341 Retirement Benefits, Misc. Charges $ 800,000.00 <br />EXPLANATION (Provide complete explanation): <br />TOTAL: $ <br />TO: ACCOUNT NUMBER ACCOUNT TITLE AMOUNT <br />010.901.5902.15.341 Health Benefits, Misc. Charges $ 800,000.00 <br />TOTAL: $ <br />Funds available due to lower than anticipated expenditures relating to retirement benefits. This positive budget <br />variance is a direct result of the Departments commendable efforts to reduce their overtime costs. <br />Funds needed due to higher than anticipated expenditures relating to health insurance benefits for both actives <br />and retirees. The reason for this negative budget variance is due to the fact that the Hawaii Employer -Union <br />Health Benefits Trust Fund (EUTF) had not set the final new rates for FY 2010 at the time that the budget was <br />created and the increases were higher than expected.. <br />SUBMITTED BY: i _ DATE: <br />Department Head <br />ACTION: " Recommend Approval Recommend Deferral <br />Signed: <br />/ Approved <br />c k <br />Director •, Finance <br />Deferred <br />008691 <br />Recommend Denial <br />DATE: / / <br />Denied <br />DATE: JUNE 2 5 2.0)10 <br />Transfer No. 34 <br />