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HomeMy WebLinkAboutREP FC 064 03/08/2007 2006-2008 REPORT OF THE COMMITTEE ON FINANCE DATE: March 8, 2007 Re: Comm. No. 190Bi11 No. 58 PLACE: Council Chambers TIME: 9:30 a.m. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Bill No. 58, reports as follows: Bill No. 58, transmitted by Director of Finance William Takaba, via Communication No. 190, dated February 12, 2007, amends Ordinance No. 06-79 as amended, the Operating Budget, ending June 30, 2007. The amendment is as follows: From: 3609.11 Transfer from General Fund Highway $10,000 To: 020.281.5281.06 Traffic Division Equipment Highway $10,000 (Matching Funds for two (2) Smart Signs for Paniolo Drive) Pursuant to Section 46-7, of the Hawaii Revised Statutes, and Section 13-13(b), Hawaii County Charter, the Mayor is already authorized to apply for, receive and expend the funds for the project identified in the Operating Budget. Your Committee on Finance is in accord with the purpose and intent of Bill No. 58, and recommends it pass first reading. la Hues Noes nee ex Respectfully submitted, FORD X HIGA X COMMITTEE ON FINANCE HOFFMANN X IKEDA X JACOBSON X NAEOLE X PILAGO X DOMINIC YAGON , C YAGONG X FC REPO NO. 64 YosHIMOTO X ADOPTED: