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HomeMy WebLinkAboutCOM 0472.000 2010-2012 J�SV OF N,�� . William P. Kenoi <R���_,,� ,,j�� ' Nancy�E eCrrawford �', Mayor ; .� � J.. Deanna S. Sako •if+ q+.•�`: Deputy Director•. TE OF•MF,�N County of Hawaii Finance Department 25 Aupuni Street,Suite 2103 • Hilo,Hawai`i 96720 (808)961-8234 • Fax(808)961-8569 t' ,3 C") ca November 22, 2011 =c) Dominic Yagong, Council Chair and :v -s Members of the Hawaii County Council ^' Hawaii County Council 1 a _i 25 Aupuni Street _ Hilo, Hawaii 96720 v — Re: Capital Budget For FY 2010-11, $3,258,000 was budgeted for Fuel Tax Increase revenues. The actual revenue realized for Fuel Tax Increase was $3,283,251.48, exceeding the budgeted amount of by $24,251.48. Enclosed is a bill for an ordinance to appropriate these excess revenues to the Capital Projects Fund in order for the Department of Public Works to expend it. If there are any questions, please do not hesitate to call Warren H.W. Lee, Director of the Department of Public Works at 961-8324. 64-EtE Nancy Crawford Director of Finance Enc. cc: Public Works ( i i NI) Comm. No. Lf 7.2-) Ref. To: PL Ref. Date NOV 22 20131 Hawai`i County is an Equal Opportunity Provider and Employer Form #: B-52 7/18/91 DEPARTMENT OF FINANCE REQUEST FOR COUNCIL ACTION DEPARTMENT: Public Works DATE: 11/7/11 STAFF CONTACT: Diane Shiro PHONE: 961-8463 A. REQUEST: To amend Ordinance No. 11-59, the Operating Budget by appropriating excess Fuel Tax Increase revenues collected in FY 10-11 which needs to be transferred to the Capital Project Fund: Revenue: 020.3609.08 Fund Balance from Prior Year- Reserved $24,251.48 Appropriation: 020.801.5801.34.341 Trans to Cap Proj Fund $24,251.48 B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED): These excess revenues collected must be appropriated to transfer it to the Capital Projects Fund in order for the Department of Public Works to be able to expend it. FY 2010-2011 Budget for Fuel Tax Increase $3,259,000.00 Actual collections 3,283,251.48 Excess collection lapsed to Fund Balance $ 24,251.48 Account 2271.33 SIGNED: (NWIALAC4A- DATE: Na0 Department Head 11 -05307