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HomeMy WebLinkAboutCOM 0111.021 2010-2012 DOMINIC YAGONG Phone: (808) 961 -8538 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 .._.. fir... Memorandum No. 18 tD . mow To: Members of the Hawai`i County Coun '1 y From: Dominic Yagong, Council Chair ,�N,A, 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 $750,000 (S &W, various departments) 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. Acrntrt Description Estimate Add/ (Reduce) Estimate Expenditures New Account Council Adjusted Expense Account (5,600,000) (750,000) (6,350,000) Council Adjusted Fxperse Acca.mt, Misc. Giaiges (5,600, W0) (750,000) (6,350,0W) 2- S&W /OTREDUCTION, VARIOUS DEPT. 0 (750,000) (750,000) 010.901.5902.09 Posit- emplomment Benefits 11,613, 112 750,000 12,363,1 12 34- Post- emplcymert Benefits, Msc. Umrges 11,613,112 750,000 12,363,112 2 -GASB 45 PROVISION 11,583,112 750,000 12,333,112 Taal Expenditure Adj tstments 0 Memorandum No. Comm. No. /11.Z/ Ref. To: Ge e / Ref. Dote, MAY 12 71111