HomeMy WebLinkAboutREP FC 316 10/05/2004 2002-2004REPORT OF THE
COMMITTEE ON FINANCE
DATE: October 5.2004
PLAC`E` Council Chambers
"TIME: 10:10 a.m.
Re: Comm. No. 774/Bill No. 331
Council Chair and Members
llawai`i County Council
Hilo. Hawaii 96720
Your Committee on Finance. to which was referred Bill No. 331. reports as follows:
Bill No. 331, transmitted by Director of Finance William Takaba, via Communication No. 774.
dated September 22, 2004, amends Ordinance No. 04-74, as amended, the Operating Budget.
ending June 30, 2005. The amendment is as follows:
From:
3609.OR Fund Balance from Prior Year-Reserved Highway $261,239?4
fo:
020-801-5801.34 Transfer to Capital Project Fund Highway $261?39.24
This ordinance appropriates the excess fuel tax revenues collected in fiscal year 2003-2004,
which needs to be transferred to the Capital Project Fund.
Your Committee on Finance is in accord with the purpose and intent of Bill No. 331 and
recommends it pass first reading.
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HOLSCHOH X
JACOBSON X
REYNOLDS X
TULANG X
TYLER x
AARON S.Y. CFIUNG. CHAT
FC REPORT NO. 316
ADOPTED: nCT 2 0 9Md
Respectfully submitled