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J10CsM <br /> Nancy E. Crawford <br /> William P.Kenoi �:� �,Ie;A ` <br /> Mayor p�.,� �i�j Director <br /> Deanna S. Sako <br /> 4�T f os w►'..` Deputy Director <br /> County of Hawaii <br /> Finance Department <br /> 25 Aupuni Street, Suite 2103 • Hilo,Hawai`i 96720 <br /> (808)961-8234 • Fax(808)961-8569 <br /> January 30, 2013 <br /> J Yoshimoto, Council Chair and <br /> Members of the Hawai`i County Council <br /> Hawai`i County Council <br /> 25 Aupuni Street <br /> Hilo, Hawai`i 96720 <br /> Re: Operating Budget <br /> Pursuant to the recently added Section 10-16 of the County Charter, which was approved during <br /> the November 2012 election, .25% of real property tax revenue (including penalty and interest) <br /> must be transferred from the General Fund to the newly created Public Access/Open Space and <br /> Natural Resources Preservation Maintenance Fund, beginning with the first quarter of 2013. <br /> Enclosed is a bill for an Ordinance amending the Operating Budget by appropriating $250,000 to <br /> the new Transfer to Public Access/Open Space Preservation Maintenance Fund. <br /> In order to ensure that the first transfer may be done by the deadline as required by the County <br /> Charter, we are requesting that this bill be waived from the Finance Committee and be placed on <br /> the February 20, 2013 Council agenda. <br /> If there are any questions, please do not hesitate to call Kay Oshiro of the Finance Department at <br /> 961-8425. <br /> /1114 <br /> Nancy Crawford <br /> Director of Finance <br /> Enc. <br /> <Tit It 54 <br /> Comm. No. 1 2-2- <br /> Ref. To: W <br /> Hawaii County is an Equal Opportunity Provider and Employer Ref. Date <br />