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HomeMy WebLinkAboutCOM 0655.000 2000-2002 Y Oi a~`~, ~ "gas. William Takaba Harry Kim ,,I,"j. Mnyor ; Dlrectar I+'• S• ,e~. Nancy E. Crawford sr,~'; w: M~".~•p°° Deputy Drrecior 8 OF•Np° county of Hawaii < F?nance I)epart><nent - ~ 25 Aupuni Street, Room 118 • Hilo, Hawaii 96720 (808)961-8234 • Fax (808)961-8248 June 7, 2002 9 Honorable James Arakaki, Chairperson and Members of the County Council Hawaii County Council 25 Aupuni Street {-silo, Hawaii 96720 Re: Resolution Transferring Funds Enclosed is a resolution transferring $340,000 out and from Miscellaneous Insurance Claims and Judgment and credited to Worker's Compensation -General Fund ($300,000) and to Unemployment Compensation -General Fund ($40,000). These transfers are necessary due to an underestimation of worker's compensation benefit expenditures for this fiscal year and to a change to the State unemployment law that extended the unemployment benefits to 39 weeks. E3ecause of the urgency of having the funds transferred during this fiscal year, we would like to request a waiver from the Finance committee and have this resolution heard at the Council meeting scheduled for June 19, 2002. If there are any questions, please do not hesitate to call me. William T a Director of Finance AP ROVED:. I 1~~ Harry im Mayor Enc. Core~n?. i~1a~, ~Qf. ass: ~ ~ _ JAMES Y. AR.AKAICI ~av AARON S.Y. CIIUNG Chairman & Presiding ~cer 4° i BOBBY JEAN LEITHEAD-TODD ;Q LENINGRAD ELARIONOFF J. CURTIS TYLER, III ° t JULIE JACOBSON Vice Chairman , «;;~~R•~ NANCY PISICCIIIO ~ GARY SAFARIK DOMII°IIC YAGONG COUNTY COUNCIL County of Hawai "i Hawaii County Building 25 Aupuni Street Hilo, Hawaii 96710 June 7, 2002 Re : C orun . 6 5 5 James Y. Arakaki, Chair Hawaii County Council 25 Aupuni Street I-Lilo, Hawaii 96720 RE: Resolution No. 2 2 2 - 0 2 Transferring $340,000 out and from Miscellaneous Insurance Claims and Judgment and credited to Worker's Compensation - General Fund ($300,000) and to Unemployment Compensation -General Fund ($40,000) due to an underestimation of worker's compensation benefit expenditures for this fiscal year and to a change to the State unemployment law that extended the unemployment benefits to 39 weeks. Pursuant to Section 1(g) of Rule 4 of the Rules of Procedure of the Council of the County of Hawaii, this written request is submitted with my approval that the above-referenced matter be waived from the Committee on Finance to the full Council for immediate action. In reviewing this matter, timely approval is crucial. It is therefore advantageous that approval is granted and the matter placed onto the next Council agenda for review. However, in the event this request is denied, for whatever reason, I understand the matter shall be referred to the Committee on Finance for placement on its future agenda. Sincerely, Aaron S.Y. Chung, Chair Committee on Finance Appr i to 've to Disapproved/Date/Refer to FC: e . Arakaki, Chair James Y. Arakaki, Chair ai'i County Council Hawaii County Council