HomeMy WebLinkAboutCOM 0753.000 2020-2022 t•r of a Deanna S. Sako
Mitchell D. Roth �'!; =" 1!r, Director
Mayor
Steven A. Hunt
Deputy Director
ATS CP°µpJt
County ai`i
Finance Department
25 Aupuni Street,Suite 2103 • Hilo,Hawaii 96726
(808)961-8234 • Fax(808)961-8569
April 14, 2022
Maile Medeiros David, Council Chair and C.
Members of the Hawaii County Council
Hawaii County Council
25 Aupuni Street
Hilo, Hawai`i 96720
Re: Operating Budget --
For FY 2020-21, $3,000,000 was budgeted for Fuel Tax CIP revenues. The actual
revenue realized for Fuel Tax CIP was $3,100,014.94, exceeding the budgeted amount by
$100,014.94. For FY 2021-22, $3,000,000 is budgeted for Fuel Tax CIP revenue. It is
anticipated that the Fuel Tax CIP revenue will exceed the budgeted amount by $600,000
Enclosed is a bill for an ordinance to appropriate these excess revenues to the Capital
Projects Fund in order for the Department of Public Works to expend it.
If there are any questions,please do not hesitate to call Ikaika Rodenhurst of the
Department of Public Works at 961-8321.
Deanna S. Sako
Director of Finance
Enc.
c: Public Works
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Comm. No.
Ref. To:
Hawaii County is an Equal Opportunity Employer and ProviderRef° Hate APR 19 202
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Form : B-52
7118191
DEPARTMENT OF FINANCE
REQUEST FOR COUNCIL ACTION
DEPARTMENT: Public Works DATE: April 11, 2022
STAFF CONTACT: Ikaika Rodenhurst PHONE: 961-8321
A. REQUEST:
The Department of Public Works is requesting an ordinance to amend Ordinance 21- , by adding
appropriation to the Operating Budget to appropriate excess Fuel Tax revenues to the Capital Projects Fund:
Revenue 020.3609.08 Fund Balance from Previous Year- Reserved $100,014.94
020.3104.06 Fuel Tax- Designated CIP $600,000.00
Appropriation 020.801.5801.34.341 Transfer to Capital Projects Fund $700,014.94
B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED):
In FY 2020-21, $3,000,000 was budgeted for Fuel Tax CIP revenue. The actual Fuel Tax CIP revenue
realized was $3,100,014.94, exceeding the budgeted amount by $100,014.94.
In FY 2021-22, $3,000,000 is budgeted for Fuel Tax CIP revenue. The actual Fuel Tax CIP revenue we
anticipate receiving may exceed the budgeted amount by $600,000.
A bill for an ordinance to appropriate these excess revenues received and anticipated of$700,014.94 to the
Transfer to Capital Projects Fund is needed in order for the Department of Public Works to expend the funds.
SIGNED:
DATE:
Department Head