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HomeMy WebLinkAboutCOM 0327.017 2010-2012William P. Kenoi Mayor October 4, 2011 County of Hawaii Finance Department 25 Aupuni Street, Suite 2103 • Hilo, Hawaii 96720 (808) 961-8234 • Fax (808) 961 -8569 Dominic Yagong, Council Chair and Members of the Hawaii County Council Hawaii County Council 25 Aupuni Street Hilo, Hawaii 96720 Nancy E. Crawford Director Deanna S. Sako Deputy Director O G n —71 CI ▪ r— o : n Re: Bill 87 — An Ordinance to Initiate a Charter Amendment to Article X, Section 10 -15, Regarding the Public Access, Open Space, and Natural Resources Preservation Fund As a matter of practice, Charter amendments with budgetary impact should not have an effective date that falls within the current budget year. Amendments that will directly affect the current year's revenue or expenditures could leave the County with an unbalanced budget. The Charter Commission recognized this potential problem and used July 1st of the following fiscal year as the effective date for their proposed Charter amendments impacting the budget. Bill 87, which would amend the Charter to increase the amount of real property tax revenue that is transferred from the General Fund to the Public Access, Open Space, and Natural Resources Preservation Fund includes an effective date of November 7, 2012. We respectfully request that the effective date of the proposed amendment be changed to be July 1, 2013. Thank you for your consideration of this request. Nancy Crawford Director of Finance Hawaii County is an Equal Opportunity Provider and Employer Comm. No. 321.11 Ref. To: Preseets4 eC .* Ref. Date or 5 21111