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HomeMy WebLinkAboutCOM 0711.174 2008-2010Pete Hoffinann Councilman District 9 - North and South Kohala Hawai'1 County Budding 25 Aupum Street Ililo, Hawaii 96720 Memorandum No. 15 HAWAII COUNTY COUNCIL County of Hawai `i To: J Yoshimoto, Chair And Members of the County Counc From: y Pete Hoffmann, Council Member Date: May 25, 2010 Subject: Proposed Amendment to Bill 211, Draft 3 Below for your consideration is a proposed amendment to Bill 211, Draft 3, regarding the operating budget. This proposed amendment would decrease General Fund Revenues Real Property Taxes by $750,000 and decrease expenditures Transfer to Solid Waste Fund by the same amount. A corresponding Solid Waste Fund amendment would increase Solid Waste Fund Revenues Landfill Tipping Fees by $750,000 and decrease the Transfer From Gen Fund by the same amount. Serving the Interests of the People of Our Island Hawaii County Is An Equal Opportunity Provider And Employer Phone No. Hilo: (808) 961 -8027 Phone No. Waimea: (808) 887 -2043 Fax No.: (808) 887 -2072 E -Mail: phoffmann @co.hawaii.hi.us Holomua Center 64 -1067 Alanralahoa Highway, Suite C -5 Waimea, Hawaii 96743 0c) ?_ i The following amendment affecting appropriation(s) to the revenue account(s) and expenditure account(s) are reflected below: Comm. No. l ( 1 • 7c( Ref. Ref. Dote MAY 2 6 20?0 Proposed Budget Amendments General Fund Account No. Account Description 2010 -2011 MW (Reduce) Revised 2010 -2011 Estimate Estimate Revenues 3101.10 Real Property Taxes 200,983,763 (750,000) 200,233,763 Total Revenues Adjustments (750,000) Expenditures 010.801.5801.35 Transfer to Solid Waste Fund 13,453,532 (750,000) 12,703,532 341 Trans To Solid Waste Fnd, Wisc. Charges 13,453,532 (750,000) 12,703,532 1-TRANSFER TO SOLID WASTE FUND 13,453,532 (750,000) 12,703,532 Total Expenditures Adjustments (750,000) Total Rev Adj - Total Exp Adj 0 Solid Waste Fund Revenues 3408,01 Landfill tipping Fees 8,110,000 750,000 8,860,000 3609.11 Transfer From Gen Fund 13,453,532 (750,000) 12,703,532 Total Revenues Adjustments 0