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HomeMy WebLinkAboutCOM 0742.033 1996-1998 h J11~••L.••~l{. 4~•Jp_ ~j JAMES Y ARAKAKI ~6~%y. Phw1e: (808) 961-8272 Chairman G Presiding Offirer FAX: (808) 969-3291 COUNTY COUNCi1~ County of Hawaii Haeoaii County Buildin,Q ZSAupuni Street Hilo, Hawaii 96720 June 1, 1998 1'O: Council Members FROM: James Y. Arakaki, Chan j 1~. RE: Bi11202 relating to the Operating Budget After reviewing the State Legislature's actions on the County's budget and the Mayor's recommendations on the same, I would like to suggest that the Council adopt the Mayor's recommendations with minor changes. Passage of the State measures relating to Taxation, I{ealth Fund and Employees Retirement System will potentially result in a $492,000 gain for Fiscal Year 1998-99. I would propose setting aside $482,000 in a contingency relief account and the remaining $10,000 in anticipation of the appointment of a Charter Commission in 1999. The `Future Budget Shortfall' account would be reduced by $492,000. By incorporating these minor changes with those of the Mayor's recommendations, the proposed amendments are shown on the attached table and would be included in Bill 202, Draf[ 4. Att. 7~z. 33 » x,, f3uo ie[. ~'pgPrPSenfed Go u N c ~ JUfd 11898 PROPOSED BUDGET AMENDMENTS -BILL NO. 202, DRAFT 4 BUDGET ADD REVISED ACCOUNT NO. DESCRIPTION AMOUNT (REDUCEI AMOUNT GENERAL FUND RFVFNI_I F_S_ 3304.01 State Grant-In-Aid 18,217,000 (2,880,000) 15,337,000 3611.18 Health Fund Refund 0 1,604,818 1,604,818 EXPENDITURES 5801.35-341 Transfer to Solid Waste Fund -1,687,775 (62,000) 7,625,775 5801.36-341 Transfer to Golf Course Fund 175,146 (1,000) 174,146 5901.10-341 ERS Pension Accum Fund 8,257,500 (1,767,300) 6,490,200 5911.04-341 Provision for Compensation Adj 1,592,116 (1,592,116) 0 5911.52-341 Provision for Future Budget Shortfall 0 1, 655, 234 1, 655, 234 5912.71-341 Charter Commission 0 10,000 10,000 5101.91-341 Contingency Relief 0 482,000 482,000 HIGHWAY FUND EXPENDITURES 5911.05-341 Provision for Compensation Adj 213,774 (213,774) 0 5911.18-341 Contingency 9,875 213,774 223,649 SEWER FUND EXPENDITURES 5911.19-341 Contingency 37,416 69,807 107,223 5911.49-341 Provision for Compensation Adj 69,807 (69,807) 0 PARKING METER FUND REVENUES 3609.1 Fund Balance from Previous Year 33,297 (2,800) 30,497 EXPENDITURES 5911.50-341 Provision for Compensation Adj 2,800 (2,800) 0 SOLID WASTE FUND R V N 3609.11 Transfer from General Fund 7,687,775 (62,000) 7,625,775 EXPENDITURES 5911.46-341 Provision for Compensation Adj 62,000 (62,000) 0 GOLF COURSE FUND REVENUES 3609.11 Transfer from General Fund (1,000) ~r146 175,146 174,146 EXPENDITURES 5911.45-341 Provision for Compensation Adj 1,000 (1,000) 0 Council amendments italicized. 6/1/98