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Harry KimJ01'of kits Allan G.Simeon,P.E. <br /> Mayorc,Q•t � qui�yDirector <br /> • <br /> • *• t,"ter"} * � <br /> Wil Okabe Merrick H.Nishimoto <br /> Managing Director '• • Deputy Director <br /> •• nin"`rA <br /> County of H awa i • <br /> DEPARTMENT OF PUBLIC WORKS �. . <br /> Aupuni Center <br /> 101 Pauahi Street,Suite 7•Hilo,Hawai`i 96720-4224 <br /> (808)961-8321 •Fax(808)961-8630 .r. "(cp <br /> ---i <br /> public_works@hawaiicounty.gov <br /> c <br /> • <br /> . ,.. . <br /> • <br /> FUEL TAX REVENUE REPORT ` <br /> In compliance with Resolution 212-17, the Department of Public Works and the Office of <br /> the Mayor present a Fuel Tax Revenue Report for fiscal year 2018-2019. <br /> PROJECTED FUEL TAX REVENUE INCREASE <br /> Effective starting July 1, 2018 the County fuel tax rate increases from 15 cents per <br /> gallon to 19 cents per gallon. For fiscal year 2018-2019, the County of Hawaii expects <br /> to collect approximately $17,152,903, an increase of$4,660,817 over fiscal year 2017- <br /> 2018, assuming consumption remains at current stable levels. However, it is yet to be <br /> seen how the lava disaster will impact consumption. It is possible that consumption will <br /> be lower than forecasted, reducing fuel tax revenue. <br /> UTILIZATION OF THE FUNDS <br /> The Utilization of funds will be mainly focused on: providing resources for the <br /> emergency fund, investing in road repaving material and equipment, flood control, tree <br /> trimming and other road maintenance, the upgrading of traffic signals and striping for <br /> roadway projects, school safety projects, and mass transit. <br /> The table below shows the projected utilization of the increase in Fuel Tax Revenue: <br /> Fuel Tax Increase Revenue Utilization <br /> Emergency Fund $ 1,000,000 <br /> Road Paving $ 1,000,000 <br /> Mass Transit $ 1,000,000 <br /> Roads in Limbo $ 250,000 <br /> Signal Upgrades $ 750,000 <br /> Striping for Roadway Projects $ 450,000 <br /> Equipment and Materials $ 210,817 <br /> $ 4,660,817 <br /> Comm. No. C:ibt <br /> _ __ <br /> Ref. To: Wry <br /> County of Hawai`i is an Equal Opportunity Provider and Employer. Ref. Date JUN 1 <br />