HomeMy WebLinkAboutCOM 0111.019 2010-2012 �+tr os
` ' : Phone: (808) 961 -8538
DOMlNIC YAGONG � , ( )
Council Member ,���,:;� /:, Fax: (808) 961 - 8912
District of Hamakua ' "` � - • Email: dyagong @co.hawaii.hi.us
Hawai `i County Council
County of Hawaii
25 Aupuni Street
Hilo, Hawai `i 96720
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Memorandum No. 16
To: Members of the County Council
From: , Dominic Yagong, Council Chair
Date: May 11, 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 expenditures in the Budget
Stabilization Fund by $2,777,397 and increase the post- employment Benefits Expenditures by
the same amount.
The following amendment affecting appropriation(s) to the revenue account(s) and expenditure
account(s) are reflected below:
Proposed Budget Amendments
General Fund
2011 -2012 Revised 2011 -2012
Account No. Acrn int Description Estimate Add/ (Reduce) Estimate
Expenditures
010.801.5801.53 Tr to Budget Stabiliition Fund 2,777,397 (2,777,397) 0
341 Msc. Charges 2,777,397 (2,777,397) 0
1- IRS 10 BUIXET STABILIZATION FUND 2,777, 397 (2,777,397) 0
010.901.5902.09 Post - employment Benefits 3,235,715 2,777,397 6,013,1 12
341 Post - employment Benefits, Msc. Carges 3,235,715 2,777,397 6,013,112
2 -GASB 45 PROVISION 3,205,715 2,777,397 5,983,112
Total Expenditure Adjustments 0
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Comm. No. //1.
Ref. To: e0 a:
Ref. Date MAY 12 201E
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