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HomeMy WebLinkAboutREP FC 041 02/06/2007 2006-2008 REPORT OF THE COMMITTEE ON FINANCE DATE: February 6, 2007 Re: Comm. No. 130Bi11 No. 35 PLACE: Sheraton Keauhou Bay Resort & Spa 78-128 `Ehukai Street Kailua-Kona, Hawaii TIME: 2:15 p.m. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Bill No. 35, reports as follows: Bill No. 35, transmitted by Director of Finance William Takaba, via Communication No. 130, dated January 24, 2007, amends Ordinance No. 06-79, as amended, the Operating Budget, ending June 30, 2007. The amendment is as follows: From: 3609.10 Fund Balance from Prior Year Highway $3,016,506 To: 020.281.5281.02 Traffic Division - OCE Highway $ 120,000 020.281.5281.32 Street Lights $ 299,172 020-301-5301.06 Highway Maintenance Admin Equipment $1,027,500 020.301.5301.76 Roadside Main. SVC $ 69,834 020.311.5316.02 Highway Mass Transit OCE $ 650,000 020-801-5801.34 Transfer to Capital Project Fund $ 850,000 TOTAL $3,016,506 Your Committee on Finance is in accord with the purpose and intent of Bill No. 35 and recommends it pass first reading. la Hues noes ns~e Ex Respectfully submitted, FORD X RIGA x COMMITTEE ON FINANCE HOFFMANN X IKEDA X JACOBSON X ~ ' NAEOLE X PILAGO x DOMINIC YAG R YACOxc X FC REP T 4] YOSHIMOTO X AnoPTED: FEB 2 2 2007