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HomeMy WebLinkAboutCOM 1039.014 2006-2008 Pete Hoffmann w.r o. Phone No. Hilo: (808) 961-8027 Council Chair Phone No. Waimea: (808) 887-2043 District 9 -.North and South Kohala ~ Fax No.: (808) 887-2072 E-Mail: poffmann@co.hawaii.hi.us HAWAII COUNTY COUNCIL County of Hawai `i Hawaii County Building Holomua Center 25 Aupuni Street 64-1067 Mamalahoa Highway, Suite C- Hilo, Hawaii 96720 Waimea, Hawaii 96743 Memorandum No. 6 0 t~ ? To: Council Members 0, , -_4 From: Pete Hoffmann, Council Chair co -:D Date: May 5, 2008 Subject: Proposed Amendment to Bill 252, Draft 2 F , Attached for your consideration is a proposed amendment to Bill 252, Draft 2, regarding the operating budget. This proposed amendment would increase the General Fund Revenues - Fund Bal From Prev Year by $2,000,000 and increase expenditures Finance - Real Property Tax-OCE by the same amount. The appropriation will provide for contract appraisal services to update commercial property appraisals. The following amendment affecting appropriation(s) to the revenue account(s) and expenditure account(s) are reflected below: Proposed Budget Amendments General Fund 2008-2009 Revised 2008-09 Account No. Account Description Estimate Add/ (Reduce l Estimate Revenues 010.3609.10 Fund Bal From Prev Year 16,456,168 2,000,000 18,456,168 Total Revenue Adjustments 2,000,000 Expenditures 010.121.5125.02 Real Property Tax-OCE 1,002,750 2,000,000 3,002,750 115 Rtaal Property Tax-0ce tvfisc Caomac t Se 619,000 2,(140,000 2,619,000 4- APPRAISAI.()*JlRAM 40,000 2,000,000 2,040,000 Total Expenditure Adjustments 2,000,000 Total Rev Adj - Total Exp Adj 0 ''tt Q Comm No,_ 1V 3 7• /it Ref. To: Cvu_ "n U/ Ref. Date MAY 9 7nnR Hawaii County Is An Equal Opportunity Provider And Employer