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HomeMy WebLinkAboutREP FC 168 12/06/2011 2010-2012 REPORT OF THE COMMITTEE ON FINANCE DATE: December 6, 2011 Re: Comm. No. 477/Bill 150 PLACE: Council Chambers Hilo, Hawai`i TIME: 3:11 p.m. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Bill 150, reports as follows: Bill 150, transmitted by Director of Finance Nancy Crawford via Communication No. 477, dated November 22, 2011, amends Ordinance No. 11-60, as amended, relating to public improvements and financing thereof for the fiscal year July 1, 2011 to June 30, 2012, is hereby amended by establishing the program appropriations listed on Exhibit A, which is attached to Bill 150. Funds for this appropriation increase shall be provided from: Lapsed Fuel Tax Increase funds $7,494,973.83 This proposed Bill amends the Capital Budget by re-appropriating the lapsed fuel tax funds from past fiscal years. These funds will be appropriated back to the original districts/categories as indicated in Exhibit "A" of the proposed ordinance. The sources of lapsed funds are detailed in Exhibit `B," which is also attached to Bill 150. The total amount being re-appropriated with this bill is $7,494,973.83. Pursuant to Section 10-6(d), Hawai`i County Charter, the Council may amend the Capital Budget for this fiscal year by a two-thirds vote. Some Members questioned and commented: 1) Are these unspent funds, and why were they not applied to other projects; 2) If a large portion of these funds are applied to engineering projects, should we not adjust this and increase funds to paving; 3) Mr. Hoffmann's request for Public Works Director Warren Lee to provide Council Members with a priority list of projects, which was covered during this meeting; 4) Inability to obtain information, which of the 62 projects have committed, uncommitted, or left-over funds, from Department of Public Works Department and Finance Department; 5) Address concerns by the general public, and complaints regarding money unexpended; 6) County roads still in disrepair, and 7) Public's perception and concern on these projects lapsed over seven-plus years. Finance Director Nancy Crawford, Deputy Finance Director Deanna Sako, and Public Works Director Warren Lee appeared before Your Committee. Mr. Lee stated that the unspent funds are obligated to: 1) Engineering for new or improved road construction; and 2) Highway Fund, FC No. Report No. 168 FC-168 Page 2 December 6, 2011 for repaving. This re-appropriated amount of$7,494,973.83 is a reconciliation of the Highway Fund for 2011. He further stated reconciliation is done at completion of projects, at the end of the fuel tax ordinance time line of two years. The reconciliation is prepared every three years, based on projects completed or in-progress. Mr. Lee also commented that a large portion of the reappropriated amount involves engineering projects and the remainder to repaving projects, and will be reallocated to its respective districts. In response to Mr. Hoffmann's concern, Ms. Crawford responded that monthly budget status reports in the balance sheet contain information for lapsed funds, and added that there could be funds committed, if not spent, that might have been released at the time the ordinances lapsed. Mr. Lee confirmed that he will provide the Council with a list detailing which of the 62 projects are in-progress or completed, and as such, list to indicate if funds are committed or not committed to a project. He mentioned that Ms. Diane Shiro, Business Manager for Department of Public Works, is not available to work on the list until January 2012. Ms. Ford requested Mr. Lee to provide Council Members with this list, and it should be placed on Finance Committee's second meeting, to be scheduled in January 2012. It was later clarified by Mr. Yagong that Department of Public Works to also provide another list as to how the $7.5 million will be spent. A verbal amendment was made by Mr. Hoffmann, on Section 2, Bill 150, to correct the year reference, provided for account number 2271.32, as follows: "2271.32 Fuel Tax Increase 08-[90] 10 2,296,324.35". This amendment was unanimously approved. Your Committee on Finance is in accord with the purpose and intent of Bill No. 150, as amended to Draft 2, and recommends its passage on first reading. dkr AYES NOES A&E EX Respectfully submitted, BLAS X FORD X COMMITTEE ON FINANCE HOFFMANN X IKEDA X ONISHI X 911/1L- PILAGO X SMART X BRENDA FORD, CHAIR YAGONG X FC REPORT NO. 168 YOSHIMOTO X ADOPTED: DEC 2 1 7011