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HomeMy WebLinkAboutCOM 0061.000 2020-2022 Mitchell D. Roth o�e�"r.f"+,� Deanna S. Sako Alayor4••'Lam.- >i �y6r;�• Director Steven A. Hunt Deputy Director t}:� Ni MOMi*% "1lE'QF'N�,ii County, of Hawaii Finance Department 25 Aupuni Street,Suite 2103 a Hilo,Hawaii 96720 (808)961-8234 Fax(808)961-8569 December 30, 2020 Maile Medeiros David, Council Chair and Members of the Hawaii County Council Hawaii County Council 25 Aupuni Street Hilo, Hawaii 96720 Re: Capital Budget Enclosed is a bill for an ordinance appropriating the excess fuel tax revenues collected from 2018-2020. Actual revenues collected exceeded the $6,800,000 of projected revenues established in Ordinance 19-7 by $91,400.42. The excess revenues are being distributed using the same procedures and percentages established by Ordinance 19-7. A breakdown of the programs and the specific projects are listed on Exhibit A of the bill. If there are any questions,please do not hesitate to call Sharilynn Olivar, Business Manager of Public Works at 961-8463. Deanna S. Sako Director of Finance Enc. cc: Public Works .e 1 Comm. No.� Ref. To: Hawaii County is an Equal Opportunity Employer and providAef. gate j u Form## B-52 7/18/91 DEPARTMENT OF FINANCE REQUEST FOR COUNCIL ACTION DEPARTMENT: Public Works DATE: December 24, 2020 STAFF CONTACT: Sharilynn Olivar PHONE: 951-8463 A. REQUEST: Aprropriate excess fuel tax revenues collected from 2018-2020 as fellows: PROGRAM AMOUNT Roadway Projects $27,420.13 Bridge Inspection/Repair $18,280.08 Local Road Projects $45,700,21 Total $91,400,42 Project and district appropriations are as shown on attached Exhibit A. B. BAt;;KGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED): Actual revenues collected exceeded the$6,800,000 projected revenues established by Ordinance 19-7 by $91,400,42, This ordinance will distribute excess revenues using the same procedures and percentages established by Ordinance 19-7. Source of Funding Fuel Tax Increase 19-7 Transfer from Highway Fund $91,400.42 X2 SIGNED: DATE: C 2020 , ' D a ment Head