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HomeMy WebLinkAboutCOM 1039.021 2006-2008 Dominic Yagong Phone: (808) 961-8538 Council Member ""h! FAX: (808) 961-8912 HAWAI 1 c v r c,OUNCIL N County of Hawaii ao m Hawaii County Building t7 ~ 25 Aupuni Street Ord , Hilo, Hawai'i 96720 -T _ s Memorandum No. 13 To: Pete Hoffmann, Council Chair t_ And Members of the County Council From: Dominic Yagong, Council Member Date: May 9, 2008 Subject: Proposed Amendment to Bill 252, Draft 2 V Aattached for your consideration is a proposed amendment to Bill 252, Draft 2, regarding the operating budget. This proposed amendment would decrease the General Fund, Revenues, Real Property Taxes by $2,331,000, increase Fund Bal From Prev Year by $2,283,000 and decrease Expenditures-Tr to PubAcc/Op Sp Pres Fund by $48,000 (2% requirement). Resolution 621-08, regarding the real property tax was adopted by the County Council at its meeting held on May 7 s, which reduced the Residential building and Agriculture building tax rates. The following amendment affecting appropriation(s) to the revenue account(s) and expenditure (s) are reflected below: Proposed Butet AnnrFtn* (metal FWd 2008.2009 Fzdsed2008-09 AooaatM A mzt uscni cn auraite Add (RPthre) Fstinate Revaaes 0103101.10 Rea RTfftyTwas 230,294,000 (2,331,000) 227,963,000 010.3609.10 FW1hlfiunPtevYear 20,666,243 2,283,000 22,949,243 TM Reteraes Adtsh girls (48,000) Dvmies 010.8D1.5801.52 Tr to PubAc/OpSpPasRird 4,73$000 (48,000) 4,694000 Tctal Bgmftne A4mfi ats (4000) Total Rev Ad-DOAdj 0 /0 3~•1•? Gomm No. Ref. To: Hawaii County is an Equal Opportunity Provider and Employer R9f• Dote MAI L% CM