Loading...
HomeMy WebLinkAboutREP FC 031 01/21/1997 1996-1998 REPORT OF THE COMMITTEE ON FINANCE DATE: January 21, 1997 Re: Comm. No. 91 PLACE: Councilroom TIME: 10:43 A.M. Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Resolution No. 25, reports as follows: Resolution No. 25, transmitted by Finance Director Hazry Takahashi, via Communication No. 91, dated January 7, 1997, authorizes the appropriation and use of prior yeaz funds due to the cancellation of a purchase order or contract. Resolution No. 25 states that in the fiscal year ended June 30, 1996, the Solid Waste account and Highway account each encumbered $57,824.77. In the current fiscal year, contract No. 96315, under IFB 1633, was canceled due to a protest of the bid process, resulting in the formerly encumbered funds to appear as unexpended allotments. Because these funds are still needed, Resolution No. 25 authorizes the following amount to be appropriated as set forth below: FUND ACCOUNT NO. AMOUNT Solid Waste 085-601-5604.06-456 $57,824.77 Highway 020-301-5301.06-456 $57,824.77 Your Committee on Finance is in accord with the purpose and intent of Resolution No. 25 -and recommends its adoption. Ikc Ayes Nnes A&F, EX CHUNG X Respectfully submitted LEITHEAD-TOnn X C I~MITTEE ON FINANCE RAY X SANTANGELO X ~ ~ ~ , / ~ SMITH X TYLER X AARON S.Y. CHUNG, CHAIR vAGONG X FC REPORT NO. 31 ARAxAxl,e.o.M. X ADOPTED:FEB ~ 7 199!