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JIiZY OSp,•• <br /> : o °•• 'o• Nancy E. Crawford <br /> ' <br /> William P. Kenoi ;' - . �,,li; <br /> Mayor : I � . p.� 4 r, . '/ : • • ' Director <br /> ''- Deanna S. Sako <br /> +f•S;'q!� �.` Deputy Director <br /> County of Hawaii <br /> Finance Department <br /> 25 Aupuni Street, Suite 2103 • Hilo, Hawaii 96720 '-'-'' <br /> r-, <br /> (808) 961 -8234 • Fax (808) 961 -8569 ; -; <br /> ?-f CD J i <br /> July 30, 2010 <br /> J Yoshimoto, Council Chair and - <br /> Members of the Hawaii County Council <br /> Hawaii County Council <br /> 25 Aupuni Street M -s, <br /> Hilo, Hawaii 96720 1 <br /> Re: Operating Budget <br /> The County of Hawaii recently issued $60 million in General Obligation Bonds (GOB), of <br /> which the semi - autonomous Department of Water Supply (DWS) was allocated 25% of the <br /> bond proceeds. To properly reflect the DWS' share of the interest payments due this fiscal <br /> year, the operating budget needs to be amended. <br /> Enclosed is a bill for an ordinance amending this fiscal year's operating budget by <br /> increasing the Reimburse Debt Service - DWS revenue account by $432,968.35 and <br /> appropriating these funds into the Interest on G.O. Bonds - County expenditure account. <br /> If there are any questions, please do not hesitate to Ms. Deanna Sako, Deputy Director of <br /> Finance. <br /> 1{ <br /> Nancy E. Crawford <br /> Director of Finance <br /> Enc. <br /> cc: Treasury Division <br /> <biI 2 ,95 > <br /> C.atn*Wm 90° <br /> Ref. To: FL <br /> Ref, Date _ ` 2 010 <br /> Hawaii County is an Equal Opportunity Provider and Employer <br />