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HomeMy WebLinkAboutCOM 0755.036 2022-2024 J � Dr. Holeka Goro Inaba �'•��� v Office: (808) 323-4280 Council Member, District 8, N. Kona Enrail:holeka.inaba@hmvalicorrnty.gov HAWAI`I COUNTY COUNCIL County of Hmvai`i i ' I-Vest Hmvai`i Civic Center, Bldg.A 74-5044 Ane Keohokalole Hwy. --A.. , Kailua-Kona, Hmvai'i 96740 t_E f <W + (_a C-) Memorandum Na 08 - kj _ C:> TO: Heather L. Kimball, Council Chair and Members of the Hawaii County Council FROM: Dr. Holeka Goro Inaba, Council Member Council District 8 DATE: May 30, 2024 SUBJECT: Proposed Amendment to Bill No. 136, Draft 3, the Proposed Operating Budget for Fiscal Year 2024-2025 Below is a proposed amendment to Bill No. 136,Draft 3,the proposed Operating Budget for fiscal year 2024-2025, to amend appropriations in the following General Fund revenue and expenditure accounts: • Increase the Real Property Taxes revenue account by $2,659,000; • Reduce the Fund Balance Froin Previous Year revenue account by $968,227; • Funding to the three expenditure accounts below are based on a certain percentage of real property tax revenue; therefore, due to the increase in real property tax revenue, the accounts will be increased as follows: o Increase Transfer to PONC Fund by$.53,180 o Increase Transfer to PONC Maintenance by$6,647 o Increase Transfer to Emergency/Disaster of$26,590 • Increase the Police Hdqtrs S&W, Regular S&W expense account by $76,788 to fund a Media Relation Specialist position(NW-3IOOC) that is unfunded; and • Increase the Health Benefits, Retirement Benefits, and Employer FICA expense accounts in the amount of$17,816, $18,430, and $5,875, respectively, to cover the fringe benefits for the position. • Increase Budget Stabilization Fund by 297,947 • Increase Park Maintenance OCE by 1,000,000 • Increase Police Admin OCE by$187,500 Amendments to the General Fund accounts are shown in detail in the table below: Com -15� 36 rr�. No, Ref. To: t Ref. Date—MAY 3 0 2024. Hmvai'i Corrraty is an Equal Opportunity Provider and Employer General Fetid Revised 2024-2025 2024-2025 Account No. Account Description Estimate Add/(Reduce) Estimate Reverxre 0(0.3101.10 Real Property Taxes 492,000,000 2,659,000 494,659,000 010.3609,10 Fund Bal From Previous Year 37,577,091 (968,227) 36,608,864 Total Revenue Adjustment 1,690,773 Expenditure 010.201.5203.02 Police Adm Div-OCE 11,837,184 187,500 12,024,684 115 Police Adm Div-Oce Misc Contract Service 1,195,254 185,700 1380954 23-NUANCE DRAGON DICTATION SOFTWARE 0 185,700 185,700 010.500.5505.02 Parks Main(OCE 11,717,612 1,000,000 12,717,612 229 Parks Maint Oce,Bldg&Consir Materials 3,543,587 1,000,000 4,543,587 1-BLDG/PLUMBING/ELECTRICAI,SUPPLIES 3,315,987 1,000,000 4,315,987 010.801,5801.49 Trs to Disast/Emerg Fund 4,920,000 26,590 4,946,590 341 Trans to Disast/Enrerg Fund,Misc.Charges 4,920,000 26,590 4,946,590 l -TRANS TO DISASlEMERG FUND 4,920,000 26,590 4,946,590 010.801.5801.52 Tr to Pub Acc/Op Sp Pres Fund 9,950,000 53,180 10,003,180 341 Tr Pub Ace/Op Sp Pres Fund,Misc,Charges 9,950,000 53,180 10,003,180 1 -TR TO PUB ACC/OP SP PRES FUND 9,950,000 53,180 10,003,180 010.801.5801.55 Tr to Pub Acc/Op Sp Pres Maint Fnd 1,234,750 6,647 1,241,397 341 Tr to Pub Acc/Op Sp Pres Maint Fnd,Mise.Charges 1,234,750 6,647 1,241,397 1-TR TO PUB ACC/OP SP PRES MAINT FUND 1,234,750 6,647 1,241,397 010.801.5801.53 Tr to Budget Stabiization Fund 5,250,000 297,947 5,547,947 341 Tr to Budget Stabilization Fad,Misc.Charges 5,250,000 297,947 5,547,947 1 -TRS TO BUDGET STABILIZATION FUND 5,250,000 297,947 5,547,947 010.201.5202.01 Police Hdy(rs-S&S 828,448 76,788 905,236 011 Police Hddtrs-S&W,Regular S&W 827,548 76,788 904,336 1 -REGULAR S&W 827,548 76,788 1,809,572 010.901.5902.15 Health Benefits 23,500,000 17,816 72,518,430 341 Health Benefits,Misc.Charges 23,500,000 17,816 72,518,430 I -HEALTH INSURANCE(+ADMIN) 23,500,000 17,816 145,036,860 I 2 E � I Revised 2024-2025 2024-2025 Account No. Account Description Estimate Add/(Reduce) Estimate 010.901.5902.17 Retirement Benefits 72,500,000 18,430 72,518,430 341 Retirement Benefits,Misc.Charges 72,500,000 18,430 72,519,430 I-ERS CONTRIBUTION 72,500,000 18,430 145,036,860 010.901.5902.20 Employer FICA 9,500,000 5,875 9,505,875 341 FICA employer Share,Misc.Charges 9,500,000 5,875 9,505,875 1 -FICA EMPLOYER SHARE 9,500,000 5,875 9,505,875 Total Expenditure Adjustment 1,690,773 Total Expendlture Adj-Total Revenue Adj 0 HGI.wpb 3