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<br /> <br />Page 18 <br />1 <br />MS. SAKO: Yes, that's passed, and that's in <br /> <br />2 <br />the budget -- and that's 25 million is the projection <br /> <br />3 <br />for the coming fiscal year. <br /> <br />4 <br />MR. HARANO: No, no, no. <br /> <br />5 <br />MS. SAKO: I'm sorry. <br /> <br />6 <br />MR. HARANO: Okay. Starting January 1st, <br /> <br />7 <br />2019, we had the quarter percent increase. I'm <br /> <br />8 <br />talking about the second one that just got passed. <br /> <br />9 <br />MS. SAKO: The second one has not been passed, <br /> <br />10 <br />yet. There's one more reading. It will be next week. <br /> <br />11 <br />There's one more reading. <br /> <br />12 <br />MR. HARANO: I must have misread the paper <br /> <br />13 <br />then. <br /> <br />14 <br />MS. SAKO: Yeah. So, there's one more reading. <br /> <br />15 <br />And we also have one more version of the budget that <br /> <br />16 <br />we submit. This year it will be on May 3rd. So <br /> <br />17 <br />depending on what happens next week that would be <br /> <br />18 <br />incorporated into the next version of the budget. But <br /> <br />19 <br />in the budget that we submitted, 25 million is from <br /> <br />20 <br />general excise tax. <br /> <br />21 <br />MR. HARANO: You mentioned that the <br /> <br />22 <br />application for the short-term rentals is a small <br /> <br />23 <br />number, granted the application fee is small, too -- <br /> <br />24 <br />well, relative, right. <br /> <br />25 <br />So, how much percent compliance are you <br />ISLAND COURT REPORTING & TRANSCRIPTION SERVICES <br /> <br />(808) 933-9800 <br /> <br />