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HomeMy WebLinkAboutCOM 0382.000 2002-2004 ~ZV Os N~ Harry Kim ~-`V, ~ William Takaba Mayor Director ' • Nancy E. Crawford ~j~., Deputy Director f• OI'Mr+ County of Hawaii Finance Department 25 Aupuni Stree[, Room 118 • Hilo, Hawaii 96720 C (80R) 961-8234 • Fax (808) 961-8248 ~ (7 n CC -i Z ~ October 15, 2003 ~ S - ; _ c. ~ , , Honorable James Arakaki, Chairperson and s ^ 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 Nos. 97-120, 98-104, 99-46, 99-139, 00-139, and 01-26. 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 B lists the reappropriation of lapsed funds. If there are any questions, please do not hesitate to call the Department of Public Works. F William Tak ba Director of Finance PRO ED: l~ Hare iry~ Mayor Comm. No. Ref. To: Enc. Ref. Date cc: Public Works ~t /(c7 Form B-52 7/18/91 DEPARTMENT OF FINANCE REQUEST FOR COUNCIL ACTION DEPARTMENT: PUBLIC WORKS DATE: October 10, 2003 STAFF CONTACT: Diane Shiro PHONE: 961-8463 REQUEST: Reappropriate the following lapsed fuel tax funds back to the original districts/categories. Circle Island $ 143,399.01 Puna 125,000.88 South Hilo 18,771.57 North Hilo 694.81 Hamakua 12,248.29 South Kohala 20,000.00 North Kona 1,014,691.85 Kau 49,466.98 TEA Projects 1.235.005.68 TOTAL $ 2.619.279.07 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, 98-104, 99-46, 99-139, 00-139 and 01-26 as shown on Exhibit A. To maintain equity, the lapsed funds are being re-appropriated back into their original districts or categories. The source of funds are as follows: 2271.22 Fund balance -Fuel Tax Increase 88-92 $ 119,743.67 2271.24 Fund balance -Fuel Tax Increase 92-94 860.62 2271.25 Fund balance -Fuel Tax Increase 94-96 290,956.64 2271.26 Fund balance -Fuel Tax Increase 96-98 766,283.58 2271.27 Fund balance -Fuel Tax Increase 98-00 4,998.34 2271.28 Fund balance -Fuel Tax Increase 00-02 1.436.436.22 TOTAL $ 2.619.279.07 SIGNED: C' • DATE: ~°l~¢l 03 Department Head