REP FC 004 2015/01/06 (2014-2016)

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REPORT OF THE COMMITTEE ON FINANCE DATE: January 6, 2015 PLACE: Council Chambers Hilo, Hawaii TIME: 2:05 p.m. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Re: Comm. No. 47!13111 No. 12 Your Committee on Finance, to which was referred Bill No. 12, reports as follows: Bill No. 12, transmitted by Finance Director Nancy Crawford, via Communication No. 27 dated December 17, 2014, amends Ordinance No. 14-82, as amended, relating to public improvements and financing thereof for the fiscal year July 1, 2014 to June 30, 2015. This bill establishes the program appropriations listed on Exhibit A of the bill. Funds for these projects shall be provided from lapsed Fuel Tax Increase funds which is in the following accounts of the Capital Projects Fund, as detailed in Exhibit B of the bill: 2271.26 Fuel Tax Increase 96-98 2271.27 Fuel Tax Increase 98-00 2271.28 Fuel Tax Increase 00-02 2271.30 Fuel Tax Increase 04-06 2271.31 Fuel Tax Increase 06-08 2271.32 Fuel Tax Increase 08-10 $ 13,762.13 85.02 129,706.78 3,762.00 1,094,410.97 2,144,061.73 TOTAL: S 3,385,788.63 Pursuant to Section 10-6(e), Hawai`i County Charter, the Council may amend the Capital Budget for that year with a two-thirds vote. Your Committee on Finance is in accord with the purpose and intent of Bill No. 12, and recommends its passage on first reading- wb -- - S kk i g, � ot ea. _ i � CHLNG I DAA ID X _ + EOFE I X �- --1 ILAGAN h KANLHA —X --- --i - --- ONISH1 C PALEKA X POIN_D_EX I'E_R X H ILLE-- Respectfully submitted, COMMI-ITEE ON FINANCE KAREN EOFF. CH'A'IR FC REPORT NO.. ---- 4_ _ ADOPTED: —_ JAN 2 3 2015