HomeMy WebLinkAboutCOM 0111.010 2010-2012 BRENDA J. FORD � ��► . Phone: (808) 323 -4277
Council Member - = Fax: (808) 329 4786
District 7 - Central Kona E -Mail: bford @co.hawaii.hi.us
HAWAII COUNTY COUNCIL
County of Hawaii
West Hawaii Civic Center
74 -5044 Ane Keohokalole Hwy.
Kailua -Kona, Hawaii 96740 MEMO
Ds
Cormy Cownd3
Memorandum No. 7
To: Dominic Yagong, Council Chair
And Members of the County Council
From: Br enda J. Ford, Council Member .#
Date: May 10, 2011 ' �►•••
Subject: Proposed Amendment to Bill 29, Draft 2
Below for your consideration is a proposed amendment to Bill 29, Draft 2, regarding the
operating budget. This proposed amendment would decrease General Fund Expenditures West
HI Golf Program by $500,000, decrease Trans To Golf Course Fnd by $315,666 and increase
GASB 45 Provision by $815,666.
A corresponding Golf Course Fund amendment would increase Golf Course Fund Revenues
Green Fees by $315,666 and decrease Transfer From General Fund by the same amount.
The following amendment affecting appropriation(s) to the revenue account(s) and expenditure
account(s) are reflected below:
C nun. No. 111.1
Ref. To: C014144:1 •
Serving the Interests of the People of Our Island Ref. Date MAY 11 2011
Hawai'i County is an Equal Opportunity Provider and Employer
Proposed Budget Amendments
General Fund
2011 -2012 Revised 2011 -
Account Na Account Description Estimate Add/ (Reduce) 2012 Estimate
Expenditures
010.500.5503.42 West HI Golf Program - (500,000) (500,000)
115 Misc. Contract Servies - (500,000) (500,000)
1- WEST HAWAII GOLF PROGRAM - (500,000) (500,000)
010.801.5801.36 Trans toGol fCourse Fnd - (315,666) (315,666)
341 Trans to Golf Course Fnd, Misc. Charges - (315,666) (315,666)
1 - TRANSFER TO GOLF COURSE UND - (315,666) (315,666)
010.901.5902.09 Post Employment Benefits 280,256 815,666 1,095,922
341 Post - employment Benefits, Misc. Charges 280,256 815,666 1,095,922
2 - GASB 45 PROVISION 250,256 815,666 1,065,922
Total Expenditure Aclj 0
Golf Course Fund
2011 -2012 Revised 2011-
Account Na Account Description Estimate Add/ (Reduce) 2012 Estimate
Revenues
3407.72 Geeen Fees 874,313 315,666 1,189,979
3609.1 1 Transfer From Gereral Fund - (315,666) (315,666)
Total Revenue Adjustments 0
BF /lw
Att.