HomeMy WebLinkAboutREP FC 218 05/01/2012 2010-2012 REPORT OF THE
COMMITTEE ON FINANCE
DATE: May 1, 2012 Re: Comm. 605/Bill 198
PLACE: Council Chambers
Kailua-Kona, Hawaii
TIME: 8:01 a.m.
Council Chair and Members
Hawai i County Council
Hilo, Hawai`i 96720
Your Committee on Finance, to which was referred Bill No. 198, reports as follows:
Bill No. 198, transmitted by Mayor William P. Kenoi via Communication 605, dated March 1, 2012,
submits for consideration the proposed Capital Budget for Fiscal Year 2012-13, and the Six-Year
Capital Improvements Program for the Fiscal Years 2012-13 to 2017-18, consisting of 63 projects
totaling $171,917,000, of which $36,380,000 are Federal Grants Receivable, $98,536,000 are
County-financed in whole or in part through bonds, $36,951,000 to be funded by State Revolving
Fund, and $50,000 to be funded by fair share contributions (detailed in Table 1).
Attached to the transmittal are five (5) tables, created to provide a summary of capital budget
projects in different formats:
• List of Projects and Proposed Funding Sources includes proposed projects that are requesting
funds for this fiscal year, what makes them eligible as a capital project, location, council benefit
district, funding source, 6-year forecast of funding needs and total project costs.
• Capital Project Eligibility List categorizes projects by their eligibility.
• Location of Project by Council Districts indentifies all the council districts that will actually
benefit from a particular project
• Council Benefit Districts identifies all the council districts that will actually benefit from a
particular project
• Six-Year Capital Program FY 2012-2013 to 2017-2018
Your Committee originally reviewed the Capital Budget in conjunction with departmental program
reviews on April 18 through April 20, 2012. Pursuant to Section 10-4, Hawaii County Charter, the
Council also conducted a public hearing on the proposed FY 2012-13 Operating and Capital Budgets
in Kona on May 1, 2012, which was videoconferenced to the Hilo, Pahoa, and Waimea Council
offices.
Upon review of the Mayor's amended budget submittal on May 3, 2012, the Council may propose
amendments as necessary.
FC Rept. No. 218
FC-218 Page 2 May 1, 2012
Your Committee on Finance is in accord with the purpose and intent of Bill No. 198, 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
PILAGO X
SMART X BRENDA FORD, CHAIR
YAGONG X FC REPORT NO. 218
YOSHIMOTO X ADOPTED: MAY 14 2012