HomeMy WebLinkAboutREP FC 029 01/21/1997 1996-1998 REPORT OF THE
COMMITTEE ON FINANCE
DATE: January 21, 1997 Re: Comm. No. 89,
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. 24, reports as Follows:
Resolution No. 24, transmitted by Finance Director Harry Takahashi, via Communication
No. 89, dated January 9, 1997, authorizes the appropriation and use of prior year funds due to a
modiScation of a contract.
Resolution No. 24 states that in the fiscal year ended June 30, 1996, $7500.00 was encumbered
in the Waipio Valley Road Project account. In the current fiscal year, contract 95135 was
modified due to a change in scope of work, resulting in the formerly encumbered funds to appear
as an unexpended allotment. Because, these funds are still needed, Resolution No. 24 authorizes
the following amount to be appropriated as set forth below:
FUND ACCOUNT NO. AMOUNT
Capital Projects 110-399-5393.79-115 $7,500.00
Your Committee on Finance is in accord with the purpose and intent of Resolution No. 24 and
recommends its adoption.
Ikc
Ayes Nues A&E EX
CHUNG X Respectfully submitted
LE[THEAD-TODD x C i~~TEE ON FINANCE
ItAV x
SANTANGELO X ~ %
SMITH X
TvLEa X AARON S.Y. CHUNG, CHAI
vAGOIVG X FCREPORTNO. 29
AeAxA~,e.o.Hr. X ADOPTED: FE:1 ~ 194