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HomeMy WebLinkAboutREP FC 067 04/07/1999 1998-2000 REPORT OF THE COMMITTEE ON FINANCE DATE: Apri17, 1999 Re: Comm. No. 206/Bill No. 57 PLACE: Councilroom TIME: 10:55 A.M. Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Bill No. 57, reports as follows: Bill No. 57, transmitted by Finance Director Harry Takahashi, via Communication No. 206, dated March 18, 1999, amends Ordinance No. 98-SQ as amended, the Capital Budget ending June 30, 1999, by adding the following project: FINANCE Real Property Tax Computer System (110-199-5199.05-115) $1,200,000 Funds for this project shall be provided from: General Obligation Bonds, Capital Projects Fund, Fund Balance and/or Other Sources $1,200,000 Currently, the County of Hawaii pays the City and County of Honolulu approximately $250,000 per year for computer services used in the assessment and billing for real property in the County. Recently, City and County of Honolulu informed the County that they would be implementing a new Real Property System which will increase costs to all users of their system. Due to rising costs, Maui and Kauai Counties are planning to implement independent systems that may result to even higher costs to the County of Hawaii. Therefore, it is imperative that Hawaii County implements its own system. Some members of Your Committee expressed concerns whether a CIP appropriation was the proper vehicle to expedite the financing of this measure. The Administration was asked to seek a Corporation Counsel opinion prior to the next Council meeting. Your Committee on Finance is in accord with the purpose and intent of Bill No. 57 and recommends it pass first reading. f i (eA ~ ~ f t c; -i Ici AyK rvcea A&E Ex Respectfully submitted CHUNG X ELARIONOFF x CO TEE ON FINANCE 1' JACOBSON X 9 Q~ N LEITHEAD-TODD X PISICCHIO X SMITH X TYLER x AARON S.Y. C NG, CHAIR YAGONG X FC REPORT NO. 6 ARAKAKI, E.O.M. ! ~i E AHOPTED: APR 1999