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HomeMy WebLinkAboutREP FC 218 03/17/1998 1996-1998 REPORT OF THE COMMITTEE ON FINANCE DATE: Mazch 17, 1998 Re: Comm. No. 748Bi11 No. 205 PLACE: Councilroom TIME: 10:30 A M. Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Bill No. 205, reports as follows: Bill No. 205, transmitted by Finance Director Harry Takahashi, via Communication No. 748, dated Mazch 5, 1998, amends Ordinance No. 98-16 relating to appropriations of the General Fund Fund Balance from the Previous Year account. Ordinance No. 98-16 increased revenues in the General Fund by $2,200,226 in the Fund Balance from the Previous Yeaz account. Furthermore, Section 2 of Ordinance No. 98-16 set forth the appropriation of $56,500 to the Aquatics-Electricity expenditure account. The total amount appropriated should have been $56,600. Therefore, Bill No. 205 proposes to amend said section by increasing the appropriation to the Aquatics-Electricity account (010-500-5513.02-114) from $56,500 to $56,600. Your Committee on Finance is in accord with the purpose and intent of Bill No. 205 and recommends it pass first reading. lkc Ayee Noes A&e ~ Respectfully submitted CHUNG X LEITHEAD-TODD X COMMITTEE ON FINANCE RAY X SANTANGELO X 7(~~ SMITH X " Y TYLER X AARON S. . CHUNG, CHAIR YncoNC X FC REPORT NO. 218 nRAxAxi. E o.ar. ADOPTED: ppct 0 1 1998