CHC 1979-01-23 - Laserfiche WebLink

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MAYOR MATAYOSHI: No, this should be handled by a special account. In other words, they have a special source of income and in the case of the water, specifically, . the water. They should have a special account showing their income coming in and expenditures going out. I have no problems or qualms about that. As far as special accounts, we have highway accounts doing the same thing. The gasoline tax comes in, andit comes in a special account. Your parking meter comes in a special account the same way. The county has really five accounts. You've got the general fund account, ;or. the general operation account, the sewage account and the parking meter account and the highway account. Those are the fOur accounts we have right now and the Water Board separate. And the fifth account is the CIP. So right now when we publish the, you' ll notice when we submit to the council and publish the report you will see five columns; four columns going down. And then next year, so there will be five accounts. The general Lund, sewer, highway, parking meter, those are the four accounts. Now, the Water Board does not. It goes separate. So what it could well be, you are going to have five accounts like that with CIP separate. MR. CADINHA: There would be no way for water assessment to find its _ aysr nto, a public park. MAYOR MATAYOSHI: No, it cannot. For instance, the same way you cannot get the highway fund into gasoline tax from that moving on to another. It cannot right now and you can look at the highway for an example. The highway fund', the income from the gasoline tax and so on is insufficient to cover the total cost so you will see a transfer from the general fund into the highway fund. If you see a transfer out of highway fund into the general fund, it would be only the amount that the funds were transferred from the general fund to highway is when it comes back. Never the other moneys. MR. TRULSON: Mr. Mayor, at the present time, if one of the commissioners of the highway fund, or whatever, wants to purchase something, whose approval are they going to need? Say they want to purchase a piece of equipment or a piece of land, where does the approval come from? For the go-ahead and purchase this? MAYOR MATAYOSHI : You have to differentiate this now. But, as far as land and permanent assets it is a different story. As far as equipment it is another. In the case of the equipment, it goes to the Purchasing Department and they will go to the regular bidding procedure and depending on what the final amount is they will decide whether to buy or not. It goes back to the agencies , but they are the buyers. In the case of property, it comes to condemnation, if the county is to buy. In that case, it comes to County Council for approval and the County Council must approve. -20-