HomeMy WebLinkAboutREP FC 352 10/17/2000 1998-2000 REPORT OF THE
COMMITTEE ON FINANCE
DATE: October 17, 2000 Re: Comm. No. 950/Bill No. 333
PLACE: Council Chambers
TIME: 10:45 A.M.
Council Chair and Members
Hawaii County Council
Hilo, Hawaii 96720
Your Committee on Finance, to which was referred Bill No. 333, reports as follows:
Bill No. 333, transmitted by Director of Finance Dixie Kaetsu, via Communication No. 950,
dated October 2, 2000, amends Ordinance No. 00-63, as amended, the Operating Budget, ending
June 30, 2001. The amendment is as follows:
From:
3304.01 State Grant-In-Aid General $2,421,000
3609.11 Transfer from General Fund Sewer 250,000
3609.11 Transfer from General Fund Solid Waste 100,000
Total $2,771,000
To:
010-121-5121.22 Accounts OCE General $ 100,000
010-161-5161.02 Research & Development OCE General 50,000
010-171-5171.22 Building R&M OCE General 150,000
010-201-5215.12 Statewide Marijuana Eradication-County General 40,084
Ol 0-201-5215.13 Narcotics Task Force-County General 16,754
010-201-5215.16 Sex CrimeUnit-County General 81,258
010-311-5311.02 Mass Transit OCE General 15,000
010-500-5505.02 Parks Maintenance OCE General 100,000
010-801-5801.31 Transfer to Sewer fund General 250,000
010-801-5801.34 Transfer to Capital Project Fund General 333,000
010-801-5801.35 Transfer to Solid Waste Fund General 100,000
010-911-5911.52 Prov for Future Budget Shortfall General 1,184,904
030-911-5912.93 Replacement Reserve Account Sewer 250,000
085-601-5604.02 Landfill OCE Solid Waste 100 000
Total $2,771,000
The latest report from the Council on Revenues predicts that the County of Hawaii will receive
$15,694,000 this year in revenue from the transient accommodation tax. This exceeds the
estimated revenue included in the budget by $2,421,000.
Therefore, there are supplemental revenues available for appropriation in the general fund in the
amount of $2,421,000. As portions of this amount will be transferred to the sewer and solid
waste funds, these special revenue funds also show an increase in revenue and a corresponding
appropriation in the bill.
FC REPORT NO. _ 352
Your Committee, during its discussion of Resolution No. 333, amended the measure to decrease
the Provision for Future Budget Shortfall account by $450,000. The $450,000 will be placed in
the Clerk-Council's SVC OCE Account No. 010-101-5101.02 for the purpose of allowing
council members to use $50,000 each for projects and programs they desire, with appropriate
administrative and legislative approvals.
Another amendment was also made to move $50,000 from the Council's Miscellaneous
Contractual Services Account to Research and Development's OCE Account.
Your Committee on Finance is in accord with the purpose and intent of Bill No. 333, as amended
to Draft 3, and recommends it pass first reading.
smc
Hues Noes n&e ex Respectfully submitted
CHUNG X
ELARIONOFF x COMMITTEE ON FINANCE
JACOBSON X
LEITHEAD-TODD X
PISICCHIO X
SMITH X
TvLER x AARON S.Y. CHUNG, CHAIR
YAGONC X FC REPORT NO. 352
ARAKAKI, E.O.M. X ADOPTED: ~