Loading...
HomeMy WebLinkAboutREP FC 074 04/20/1999 1998-2000 REPORT OF THE COMMITTEE ON FINANCE DATE: April 2Q 1999 Re: Comm. No. 240/Res. No. 73-99 PLACE: Councilroom TIME: 10:45 A.M. Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Resolution No. 73-99, reports as follows: Resolution No. 73-99, transmitted by Finance Director Hany Takahashi, via Communication No. 240, dated April 7, 1999, authorizes the payment of funds from the appropriations of a later fiscal year or of more than one fiscal year for a Lease Finance Program for a Real Property Tax computer system. Pursuant to Article X, Section 10-11, Hawaii County Charter, any contract, lease or other obligation requiring the payment of funds from the appropriations of a later fiscal year or of more than one fiscal year shall be made or approved by resolution. 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 infolTned the County that they would be implementing a new Real Property System that 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. At the Committee on Finance meeting of April 7, 1999, Your Committee voted to approve Bill No. 57, which proposed to amend the Capital Budget by adding this project. At that time concerns were expressed that a bill was not the proper vehicle to expedite the financing of said project. Your Committee on Finance is in accord with the purpose and intent of Resolution No. 73-99 and recommends its adoption. lci Ay" Noes A&e ex Respectfully submitted CHUNG X ELARIONOFF x COMMITTEE ON FINANCE JACOBSON X LEITHEAD-TODD X / 1~ - PIS?CCHIO X ~~C/ SMITH X TvLER X AARON S.Y. CHUNG, CHAIR vncorvc X FC REPORT NO. 74 ARAKAKI, E.O.M. ADOPTED: ~A~-~~