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HomeMy WebLinkAboutREP FC 267 09/01/1998 1996-1998 REPORT OF THE COMMITTEE ON FINANCE DATE: September 1, 1998 Re: Comm. No. 955/Bill No. 283 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. 283, reports as follows: Bill No. 283, transmitted by Finance Director Harry Takahashi, via Communication No. 955, dated August 19, 1998, amends Ordinance No. 98-50, as amended, the Capital Budget ending June 30, 1999 as follows: TO: South Hilo District $16,779.72 FROM: Fund Balance -Fuel Tax 94-96 Account [2271.25] Capital Projects Fund $16,779.72 The purpose of this ordinance is to reappropriate the lapsed 1994-96 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. 283 and recommends it pass first reading. lci Ayes rvoes A&E ex Respectfully submitted CHIJNG X LEITHEAD-TODD x COMMI'CTF,F-qN FINANCE RAV x ~ ~ SANTANGELO X { - f ~ SMITH X TvLER x AARON S.Y. CHUNG, CHAIR YAGONG X FC REPORT NO. 267 ARAKAKI, E.o.M. X ADOPTED: $FP 166 ~99~-