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HomeMy WebLinkAboutREP FC 336 10/19/2004 2002-2004REPORT OF THE COMMITTEE ON FINANCE. DAII,: October 19.2004 PLAC-?: Council Chambers TIM[{: 1:25 p.m. Re: Comm. No. 803Bi11 No. 349 Council Chair and Members Hawaii County Council I Lilo. Hawaii 96720 Your Committee on Finance. to which was referred Bill No. 349, reports as follows: Bill No. 349_ transmitted by Mayor Harry Kim, via Commwiieation No. 803, dated October 6, 2004, amends Ordinance No. 04-74, as amended, the Operating Budget, ending .lune 30. 2005. The amendment is as follows: From: 3609.10 Fund Balance from Prior Year Highway $298,200 TOTAL $298,200 To: 020-301-5301.06 Highway Maintenance Admin Highway $298,200 Equipment TOTAL $298.200 These funds will be used to purchase seven (7) 6-passenger dump trucks with radio accessories. Currently, while Administration is reviewing requests for supplemental funding from the fund balance, there is an immediate need that they provide funding for equipment necessary for the new additional Highway Maintenance positions that are being funded in Bill No. 310 and Resolution No. 225-04. Your Committee on Finance is in accord with the purpose and intent of Bill No. 349 and recommends it pass first reading. smc CHl!NG X SA FARIK X ARA KAKI X ELARIONOFF X HOLSCHUH X AACOBSON X REtiNO1.DS X TULANG X TYLF,R X Respectfully submitted 7~COM/M^t7`°IfEE ON FINANCE `\/ A~ /'\