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HomeMy WebLinkAboutCOM 0414.000 2008-2010William P. Kenoi Mayor Nancy E. Crawford Director Deanna S.Sako Deputy Director County of Hawaii Finance Department 25 Aupuni Strca, Room l l8 Hilq Hawaii 96720 (ROS) 961-8234 • Fax (808) 951-8248 June 22, 2009 J Yoshimoto, Council Chair and Members of the Hawaii County Council Hawaii County Council 25 A St t ;v <_, ~7 ' ~ ~_ i c ~:- rV s upuni ree .. Hilo, Hawaii 96720 ~:- ; `L .~;_ __ Re: Operating Budget ~-':-,' ~ ~ ' ca rV Enclosed is a bill for an ordinance amending the Operating Budget by appropriating the interest income from the fund balance account of the County Housing Revolving Fund to the Kohala Ranch Project IV, Luala'i at Parker Ranch Phase II, and Wainani Estates Subdivision Phase I accounts. The funds will be maintained separately and will be expended in accordance to the requirements of their respective housing agreements. If there are any questions, please do not hesitate to call the Office of Housing and Community Development. Nanc . Crawf~ Y Director of Finance Enc. cc: OHCD Comm. No. 7 ~ Ref. To: _ Ref. Gate JUN. 2~ 4_? Hawaii County is an Equal Opportunity Provider and Employer Form #: B-52 7/18/91 DEPARTMENT OF FINANCE REQUEST FOR COUNCIL ACTION Office of Housing & DEPARTMENT: Community Development DATE STAFF CONTACT: Stephen J. Arnett, Housing Administrator PHONE: 06/01 /2009 961-8379 A. REQUEST: The Office of Housing and Community Development (OHCD) is respectfully requesting to amend the operating budget to appropriate the interest income from the fund balance account to the individual appropriate accounts (see attached). B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED): This request is submitted as a "housekeeping" measure. The funds will be maintained separately and will be expended in accordance with the requirements of their respective housing agreements. SIGNED: - DATE: 6'~-'~"~ Department Head 7950btsf Office of Housing and Community Development Housing Condition Projects Interest Income for Appropriation Account No. Description Amount 154-461-5464.60-115 Kohala Ranch Pro'ect IV $ 191.66 154-461-5464.61-115 Luala'i Parker Ranch Phase II $ 25.95 154-461-5464.62-115 Wainani Estates, Phase I $ 4.14 ~ Total $ 221.75 7950b1sf