HomeMy WebLinkAboutCOM 0930.000 1998-2000
,IV Of M
Stephen K. Yamashiro Dixie Kaetsu
M°YO1 Director
Countp of 7"amaii
DEPARTMENT OF FINANCE
25 Aupuni Street, Room 118 • Hilo, Hawaii 967204252
(808) 961-8234 • Fax(808)961-8248
September 12, 2000
Honorable James Arakaki, Chairperson and
Members of the County Council
Hawai'i County Council
25 Aupuni Street
Hilo, Hawaii 96720
Re: Capital Budget
Enclosed is a bill for an ordinance amending the capital budget by
reappropriating the lapsed fuel tax revenues established by Ordinance No. 97-
120, 97-121 and 97-134. Because a distribution formula was used to establish
the original district appropriations and to maintain equity, lapsed funds are
being reappropriated back to the originating districts. Exhibit A provides the
lapsed amounts by appropriation ordinance and the lapsed project funds.
Exhibit B lists the reappropriation of lapsed funds.
If there are any questions, please do not hesitate to call the Department of
Public Works.
Dixie Kaetsu
Director of Finance
APPFOVED:
Stephen K. Yamashiro
Mayor
Enc.
Bt11 .3a3
Comm. No. ~~1730
File No. r A ^ "Jo-
Ref. Tot f-C
Ref. Date SEP 19 2000
Form #: B -52 •
7/18/91
DEPARTMENT OF FINANCE
REOUEST FOR COUNCIL ACTION
DEPARTMENT: PUBLIC WORKS - ENGINEERING DATE: Aug. 31, 2000
STAFF CONTACT: Galen M. Kuba PHONE: 961 -8327
A. REOUEST:
Reappropriate the following lapsed fuel tax funds established by
Ordinance 97 -120, 97 -121 and 97 -134 back to the original districts.
Circle Island $ 557,317.42
Puna 334,004.05
South'Hilo 292,868.59
North Hilo 1,386.64
• Hamakua 933.00
North Kohala 0.00
South' Kohala 47,629.92
North Kona 1,052,435.47
South Kona 698.08
Kau 0.00
TOTAL $2,287,273.17
Funds to be appropriated according to attached Exhibit B.
B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED):
The Accounts Division has reported that there are lapsed fund
balances for various appropriations established by Ordinances
97 -120, 97 -121 and 97 -134 as shown on Exhibit A. Because a
distribution formula was used to establish the original district
appropriations, to maintain equity, lapsed funds are being
reappropriated back to the originating districts.
Sources of funding:
2271.22 Fund Balance Fuel Tax Increase 88 -92 $ 198,273.46
2271.25 Fund Balance Fuel Tax Increase 94 -96 341,116.53
2271.26 Fund Balance Fuel Tax Increase 96 -98 1,747,883.18
TOTAL $2,287,273.17
SIGNED: DATE: SEP O 7 ZDQQ
D- •artme t Head
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