HomeMy WebLinkAboutREP FC 082 04/01/2003 2002-2004REPORT OF THE
COMMITTEE ON FINANCE
DATE: April 1, 2003
PLACF,: Council Chambers
TIME: 11:20 a.m.
Council Chair and Members
Hawaii County Council
Hilo, liawai'i 96720
Re: Comm. No. 184/Res. No. 5R-03
Your Committee on Finance, to which was referred Resolution No. 58-03, reports as billows:
Resolution No. 58-03, transmitted by Director of Finance William Takaba, via Communication
No. 184, dated March 18, 2003, transfers funds as follows:
From:
010-91 ] -591 1.04 Provision for Compensation General $500,000
Adjustment - GF
ho:
010-91 1-591 1.86 Worker's Compensation - GF General $500,000
Fhe increased worker's compensation costs are due to aggressive worker's compensation claims
management and to case settlement and closures. These fiords are available in the Provision for
Compensation Adjustment account as not all funds budgeted are needed by the various
departments.
For informational purposes, Mr. Tyler voted kanalua twice.
Your Committee on Finance is in accord with the purpose and intent of Resolution No. SK-03
and recommends its adoption.
sore
CHUNC X
SAFA RIK X
ARA KAKI X
F.l,AR10NOFF X
HOLSCHUH X
JACOBSON X
LEITHEAD-TODD X
REYNOLDS X
TYLER X
ON F[NANCI[
AARON S.Y. CHIJNG, C
FC RIiPOR'I~ NO.
ADOP'1'FD: APf
Respectl~ully submitted