REP FC 250 04/19/2004 2002-2004 - Laserfiche WebLink

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REPORT OF THE COMMITTEF. ON FINANCE DATE: April 19, 2004 Re: Comm. No. 521/Bill No. 237; PLACE: Council Chambers Comm. 521.1; Comm. Nos. 521.12, TIME: 9:06 a.m. 521.13, 521.14, 521.16, 521.18. 521.19 and 521.20 Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Bill No. 237, reports as follows Bill No. 237, transmitted by Mayor Harry Kim via Communication No. 521, dated March 1, 2004, submits for consideration the proposed Operating Budget for Fiscal Year 2004-05, totaling $246,596,820 in estimated revenues and appropriations (Part [-Volume 1), and includes the operations of eleven of the County's special funds as well as the general fund. Also submitted is the Operating Budget Proposal (Part 1, Volume 11) which describes the departments and their programs, program objectives, highlights, program measures. expenditures and positions. Additionally, Communication No. 521.1 from Finance Director William Takaba, dated March 1, 2004, transmitted a booklet containing reports titled Six Month Progress Report on Program Ohjeclires for FY2003-0-t and Final ,Status Repor! nn Program Ohjectives fhr FY2002-U3. The reports provide information to the Council to assist in the evaluation of program accomplish- ments during the first six months of the current fiscal year and for the previous 2002-03 tscal year. Among the communications received were letters from Prosecuting Attorney Jay Kinmra (Comm. 521.12 dated March 15. 2004) and the Department of Public Works (Comm. 521.13) responding to questions provided by the Legislative Auditor's Office at the Special Meeting of the Finance Committee on March 12, 2004 and March 11, 2004, respectively. The Operating Budget Proposal reflects an 1 1.5% increase in estimated net taxable real property, but does not propose changes in tax rates. Upon certification in April, tinal real property assessed valuations will be retlected in the May Draft 2 budget submittal. Other major anticipated revenue increases include $5.2M from a proposed fuel tax increase, $2.4M in tipping fees for the Solid Waste Fund, $2.1 M for the County Housing Voucher Program, and $730.000 in increased building permit and driver licensing tees. fhe budget proposal projects a $3M General Fund balance carryover. Major spending priorities presented in Mayor Kim's budget transmittal of March 1`~ include funding of the new Kalaoa Fire Station in North Kona and assumption of the Kilauea Military Camp Fire Station in Volcano; construction and operation of the East Hawaii Regional Sort Station; increased repaving and road maintenance supported by fuel tax revenues; and $1.6M for expanded routes, handivan services and shared ride taxi subsidies for Mass Transit. Ilacaai'i County is an Equal t~portunity Frovicler and Eriployer FC Beport 250