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HomeMy WebLinkAboutREP FC 115 08/05/1997 1996-1998 REPORT OF THE COMMITTEE ON FINANCE DATE: August 5, 1997 Re: Comm. No. 758/Res. No. 207-95 PLACE: Councilroom Comm. No. 405 TIME: 10:45 A.M. Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Resolution No. 207-95, reports as follows: Resolution No. 207-95, transmitted by Finance Director Harry Takahashi, via Communication No. 758, dated October 9, 1995, amends the district distribution formula of the fuel tax increase expenditure plan. Resolution No. 207-95 conforms to the provision set forth in Resolution No. 351-91, which requires a biennial update of the fuel tax district distribution formula. This resolution was originally heard on October 31, 1995, and deferred pending input from the Department on Public Works. Communication No. 405, transmitted jointly with Resolution No. 207-95 by Committee Chair Aaron Chung, dated July 22, 1997, requests this measure be filed for housekeeping purposes. Your Committee on Finance recommends Resolution No. 207-93 be filed. Ikc Wyss rvoes a&E rx Respectfully submitted CHUNG X LEITHEAD-TODD x COMMITTEE ON FINANCE xAV x SANTANGELO X ~ ~ SMITH X ~ ~ TYLER X AARON S.'Y.'CH G, CHAIR YAGONG X FC REPORTANp.~, 119 , ARAKAKI, E.O.M. X ADOPTED: llU