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HomeMy WebLinkAboutREP FC 064 04/06/1999 1998-2000 REPORT OF THE COMMITTEE ON FINANCE DATE: April 6, 1999 Re: Comm. No. 178/Bill No. 46 PLACE: Councilroom TIME: 2:00 P.M. Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Bill No. 46, reports as follows: Bill No. 46, transmitted by Mayor Stephen K. Yamashiro, via Communication No. 178, dated March 1, 1999, submits the 1999-2000 Capital Improvement Program (CIP) and Budget Proposal. The 1999-2000 Capital Budget and Program consists of 24 projects with a total cost of $65,116,000. The County's share of the costs is $34,823,000, which will be matched by $27,381,000 in Federal Grants, and $2,912,000 will be funded from the State Revolving Fund. As with prior years, the majority of projects included in the proposed Capital Budget and Program reflects the County's continuing effort to provide for public health and safety. Several projects also address improvements to existing County facilities. Several appropriations that will lapse on June 30, 1999, are also included in this proposal. The Capital Budget and Program also includes funding to continue the County's efforts to comply with federal mandates of the Americans with Disabilities Act (ADA) and the Environmental Protection Agency (EPA). Your Committee originally reviewed the Capital Budget and Program on March 29, 1999, at the departmental and program budget reviews held from March 29-31, 1999. The purpose of today's Special Finance Committee meeting was to discuss recommendations to the Mayor's Operating Budget. Pursuant to Section 10-2, Hawaii County Charter, Preparation and Submission of Budget and Capital Program, the Mayor shall submit to the County Council a capital budget for the ensuing fiscal year. Your Committee on Finance is in accord with the purpose and intent of Bill No. 46 (Capital Improvement Program and Budget) and transmits it to Council without recommendations. ~.,~n~~ ! ~ [:y~t 'L lci ny~ noes A&e ex Respectfully submitted CHUNG X ELARIONOFF x C M EE ON FINANCE JACOBSON X LEITHEAD-TODD X PISICCHIO X ~ ~ w~ SMITH X TYLER x AARON S.Y. UNG, ChYAI YAGONG X FC REPORT N 64 ARAKAKI, E.O.M. X ADOPTED: MA J 1