HomeMy WebLinkAboutREP FC 268 09/01/1998 1996-1998 REPORT OF THE
COMMITTEE ON FINANCE
DATE: September 1, 1998 Re: Comm. No. 956Bi11 No. 284
PLACE: Councilroom
TIME: 11:00 A.M.
Chair and Members
Hawaii County Council
Hilo, Hawaii 96720
Your Committee on Finance, to which was referred Bill No. 284, reports as follows:
Bill No. 284, transmitted by Finance Director Harry Takahashi, via Communication No. 956,
dated August 19, 1998, amends Ordinance No. 98-SQ as amended, the Capital Budget ending
June 30, 1999 as follows:
TO:
Puna $ 29,861.80
South Hilo 266,861.34
North Kona 189.754.32
$486,477.46
FROM:
Fund Balance -Fuel Tax 92-94 Account [2271.24] Capital Projects Fund $486,477.46
The purpose of this ordinance is to reappropriate the lapsed 1992-94 fuel tax district
appropriations. Because the original amounts were established by formula and to maintain
equity, lapsed district funds would be reappropriated back to the respective districts.
Your Committee on Finance is in accord with the purpose and intent of Bill No. 284'and
recommends it pass first reading.
Ici
Ayes Noes A&E EX
Respectfully submitted
CHUNC X
LEITHEAD-TODD X COMMI7"TEE ON FINANCE
RAY X -,•.r _
SANTANGELO X _ ,
SMITH X AARON S.Y. CHUNG,~C AIR
TYLER X
vAGONG X FC REPORT NO. 268
ARAKAKI, <n O.M. X ADOPTED: SEP 1~-