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HomeMy WebLinkAboutCOM 0151.029 2008-2010DOMINIC YAGONG Council Member District of Hamakua „1V OIy •~.4:uJ HAWAI `1 COUNTY COUNCIL County of Hawaii Hawaii County Building 25 Aupuni Street Hilo, Hawaii 96720 Memorandum No. 3 (REVISEn) To: J Yoshimoto And Members of the County Council From: &~Dominic Yagong, Council Member Date: May 26, 2009 Phone: (808)961-8538 Fax: (808)961-8912 2: d c~ n ~ t- , - : .-c , ~; -- _. N - (D Subject: Proposed Amendment to Bi1136, Draft 3 ~,,-~~ ~ - ~~_ ;_:- _,; ca i~ Below for your consideration is a proposed amendment to Bi1136, Draft 3, regardingthe ~ operating budget. This proposed amendment would decrease the General Fund Expenditures Transfer to Post-employment Benefits by $4,500,000 and increase the Public Access Open Space Preservation Fund by the same amount. The appropriation will be used to purchase open space land in the County of Hawaii. It is important to note that the 2009-2010 budget includes the following taxpayer funded contributions to employee salary and wages, overtime, benefits, and post employment benefits; 1. Health Benefits $ 21,016,250 2. Retirement Benefits $ 21,806,979 3. Employee FICA $ 5,653,360 4. Post Employee Benefits $ 11,170,000 5. Workers Comp $ 2,300,000 6. Miscellaneous Comp $ 359,000 7. Salary and Wages, Overtime $122,764,431 Total Expenditures $185,070,020 The $4.5 million reduction is only 4% of the total taxpayer contribution to employee wages and benefits. The following amendment affecting appropriation(s) to the revenue account(s) and expenditure account(s) are reflected below: Comm. PIo. oZq Ref. To: Ref. mate JUN May 29, 2009 Page 2 2009-2010 Revised 2009-10 Account No. Account Description Estimate Add/(Reduce) Estimae Excendimres 010.902.5902.09 Postclrq~Ioyment Benefits 15,700,000 (4,500,000) 11,200,000 .m~_m.m.. .. ~ .--' 341 Mlsc Qtarges i _ 15,700,0 '-- (4 500,000} _ ._ 11,200,0001 ~ ,r ~~ ~ '1~OASB45PROVISION _ ___,_y__-,__ ~~ :15~670,W0 ... .. ~4,SOO,000~w w 11~170000.j 010.801.5801.52 Tr to Pub AcdOp Sp Pres Fund 0 4,SOQ,000 4,500,000 't"" = 341 Msc Qtarges - 0 '" 4 500000 4500,Ot 0 ' v.. v.__..._v._._ __ .._.a._._. .:. Total Expenditure Adjustments 0