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HomeMy WebLinkAboutCOM 0125.002 2004-2006 Virginia Isbell a Phone No.: (808) 326-5684 CoweilMember , • Fax No.: (808) 329-4786 District 7 -Central Kww E-Mail: visbell(a~co.hawaii.hi.us ?c~:rive3 A•di ilme.S~45pH . 8y.-.~ po~__MAY .9_2..200~- HAWAI`I COUNTY COUNCIL `ounty Coundl County of Hawai 'i 75-5706Hanama Place, Suite 109 Kailua-Kona, Hawaii 96740 April 29, 2005 The Honorable Hazry Kim Mayor, Cou~y of Hawaii 25 Aupuni Street Hilo, HI 96720 Deaz Mayor Kim: This is to request that Draft 2 of the Capital Budget Bi1143 include the Operating and Maintenance (08tM) costs on the "Project Data/Financial Impact Statements" for applicable projects. Draft I "Project Data/Fimmancial Impact Stateme~s" contain a sentence that acknowledges impacts on the operational budget, but do not include those figures. The information would be wnsiste~ with Section 10-6, Hawaii County Charter, which states, in part: (a) The capital budget shall contain at least the following: (1) A simple, cleaz, general sumnmary of the detailed comrtents of the capital budget. (2) The capital improvements pending or proposed to be undertaken within the ensuing fiscal yeaz, together with the estimated cost of each improvement, the estimated operating cost, and the pending or proposed method of financing it. (3) Capital expenditures to be financed from current revenues in the ensuing fiscal yeaz." [emphasis added] The estimated operating costs are meatmt to help the County prepaze for future years' operating budgets. Thank you very much for your cooperation. Srine1erely, U^^-- Virgi~Isbell, Chair Committee on Finance xc: Chris Yuen, Director of Planning Bill Takaba, Director of Finance Comm. No. ~.S Z Ref. To: Gt~ Ref. Uats MAY 2 70~