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HomeMy WebLinkAboutCOM 0111.020 2010-2012 DOMINIC YAGONG ` � J � ?r Nom ( ) Uir Phone: 808 961 Council Member .• , %:.: Fax: (808) 961 - 8912 District of Hamakua _ ` • Email: dyagong @co.hawaii.hi.us Hawaii County Council County of Hawaii 25 Aupuni Street Hilo, Hawai `i 96720 —.c Memorandum No. 17 To: Members of the Hawaii County Coun • From Dominic Yagong, Council Chair W�'V 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 a new miscellaneous account called, Council Adjusted Expense Account, by $5,600,000 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. Account Description Estimate Add/ (Reduce) Estimate Expenditures New Account Council Adjusted Expense Account 0 (5,600,000) (5,600,000) Council Adjtsted Expense Account, Misc. Charges 0 (5,600,000) (5,600,000) 1 - oCE REDUCTION VARIOUS DEPT. 0 (5,600,000) (5,600,000) 010.901.5902.09 Post-employment Benefits 6,013,112 5,600,000 11,613,112 341 Post - employment Benefits, Misc. Charges 6,013,112 5,600,000 11,613,112 2-GASB 45 PROVISION 5,983,112 5,600,000 11,583,112 Total Expenditure Adjustments 0 • Comm. No. ///• 20 Ref. To: rch G; Ref. Date, MAY 1 ?(111