BIL 209 Draft 02 2012-2014 (Part II)

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J�SV Of it �p•�� Walter K.M.Lau Id1N� Managing Director William P.Kenoi Mayor Randall M.Kurohara �r'` •�`� Deputy Managing Director 7TE G1•MI'� County of Hawaii Office of the Mayor 25 Aupuni Street.Suite 2603 • Hilo.Hawai'i 96720 • (808)961-8211 • Fax(808)961-6553 N n KONA: 74-5044 Are Keohokalole Hwy.,Bldg.C • Kailua-Kona.Hawai'i 96740 o O n (808)323-4444 • Fax(808)323-4440 J� Q �-C 4 --� May 5, 2014 Honorable Members of the County Council County of Hawaii 25 Aupuni Street Hilo, HI 96720 Aloha Council Members: Transmitted herewith is the amended Capital Budget for FY 2014-2015 submitted for your review and approval and the amended Capital Program for the next six years from FY 2014- 2015 to 2019-2020. The Capital Budget includes 52 projects requiring a total appropriation of $116.32 million. Funding Sources Capital projects are typically funded by debt (bonds, State Revolving Fund loans), revenue sources (fuel tax, other special revenues), state grants, federal grants or loans, and other financing options (fair share contributions or special financing districts). The Capital Budget presented herein includes capital projects of which about $96.465 million are intended to be funded in whole or part by bonds, $15.215 million to be funded by the State Revolving Loan Fund, $3.36 million to be funded from Federal Grants Receivable, and $1.28 million to be funded by fair share contributions (see Table 1). Summary of Amendments The Capital Budget presented herein reflects the following amendments to the budget presented on February 28, 2014: • Increase of$1.0 million for "Repair/Replacement of Wastewater Facilities" • Addition of"Kealakehe Wastewater Treatment Plant Aeration Upgrade and Sludge Removal:" $6.0 million • Addition of"Mauna Kea Park:" $1.5 million � �� 11 aaq a 6q County of awai'i is an Equal Opportunity Provider and Employer Comm.No 0' Iq Ref.To: C o u nei I 3 Ref. Date�� _