HomeMy WebLinkAboutCOM 0357.000 2000-2002 J,AtV OF Hq~
Harry Kim 4°.•';~~ William Takaba
Mnyor Director
= Nancy E. Crawford
Deputy Director
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County of I~awaii
Finance I2epartment
25 Aupuni Street, Room 118 • Hilo, Hawaii 96720
(808)961-8234 • Fax (808)961-8248
September 17, 2001
Honorable James Arakaki, Chairperson and
Members of the County Council
Hawaii 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. 98-104 and 99-46. Because a
distribution formula was used to establish the original district/category appropriations and
to maintain equity, lapsed funds are being reappropriated back to the originating
districts/categories. Exhibit A provides the lapsed amounts by appropriation ordinance and
the lapsed project funds. Exhibit S lists the reappropriation of lapsed funds.
If there are any questions, please do not hesitate to call the Department of Public Works.
William Takaba
Director of f=inance
AP~Pj-ROVED:
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Harry Kim
Mayor
Enc.
Comm. No.
cc: Public Works ~41e No. _ :
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Form B-52
7/18/91
DEPARTMENT OF FINANCE
REQUEST FOR COUNCIL ACTION
DEPARTMENT: PUBLIC WORKS - ENGINEERING DATE: Sept. 14, 2001
STAFF CONTACT: Ben Ishii PHONE: 961-8423
A. REQUEST:
Reappropriate the following lapsed fuel tax funds established by
Ordinance 98-104 and 99-46 back to the original districts and/or
categories.
TEA Projects $ 943,011.10
Puna 360,603.33
South Hilo 259,143.72
North Kona 185 748.67
TOTAIr 51,748,506.82
W.f,...
Funds to be appropriated according to attached Exhibit B.
B. BACKGROUND AND JUSTIFICAT ~N lUSE ADDITIONAL SHEETS AS NEEDED):
The Accounts Division has reported that there are lapsed fund
balances for various appropriations established by Ordinances 98-104
and 99-46 as shown on Exhibit A. Because a distribution formula was
used to establish the original district/category appropriations, to
maintain equity, lapsed funds are being reappropriated back to the
originating districts/categories.
Sources of funding:
2271.24 Fund Balance Fuel Tax Increase 92-94 $ 191,253.54
2271.27 Fund Balance Fuel Tax Increase 98-00 1,557.253.28
TOTAL $1, 748, 506.82
SIGNED : )j ' ~'U ~ DATE : 1 ~ ( ~ ~
~y~. Department Head
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