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HomeMy WebLinkAboutCOM 0645.064 2020-2022 MattKaneali`i-Kleinfelder Finance Committee Council Member Chair District S Parks& Recreation and Public Safety Committee Vice Chair Phone No.: (808)961-8263 w=v; viJl, Public Works&Mass Transit Committee matt.kanealii-kleinfelder@hawaiicounty.gov w Vice Chair Hawai'iCoun--ty ci County of Hawai`i Hawaii County Building � (7J� 25 Aupuni Street,Suite 2405• Hilo, Hawai`i 96720 c c Memorandum No. 23 TO: Maile Medeiros David, Council Chair and Members of the Hawaii County Council FROM: Matt Kaneali`i-Kleinfelder, Council Member DATE: June 2, 2022 SUBJECT: Proposed Amendment to Bill No. 126, Draft 2; Proposed Operating Budget for Fiscal Year 2022-2023 Below is a proposed amendment to Bill No. 126, Draft 2, regarding the proposed Operating Budget for fiscal year 2022-2023. This proposed amendment would increase the Fund Balance,from Previous Year for the Geothermal Relocation& Community Benefits Fund by $300,000, and creates a funding source for an environmental study/assessment for Parks and Recreation facilities in accordance with the Geothermal Relocation& Community Benefits Fund account requirements. The following amendment affecting appropriations to the Geothermal Relocation& Community Benefits Fund revenue and expenditure accounts are reflected below: Proposed Budget Amendments Geothermal Reloc&Community Benefits Fund Revised 2022-2023 2022-2023 Account No. Account Description Estimate Add/Reduce Estimate Revenue 095.3609.10 Fund Balance From Previous Year 400,000 300,000 700,000 Total Revenue Adjustment 300,000 Expenditure 095.500.5556.02 Geothermal Parks&Recreation OCE 0 300,000 300,000 115 Geothermal Parks&Rec Oce,Misc.Contract S 0 300,000 300,000 Total Fxpenditure Adjustment 300,000 Total Revenue Adj -Total Expenditure Adj 0 MKKl1k Comm. Flo Ref. To PI—Now Hawai`i County is an Equal Opportunity Provider and Employer Ref. Date—J — 2 2022