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HomeMy WebLinkAboutRES 046 Draft 01 1967 County of Hawaii—State of Hawaii Resolution No. 46 RESOLUTION REQUESTING THE FOURTH STATE LEGISLATURE TO AMEND SECTION 129-5. 1 OF THE REVISED LAWS OF HAWAII 1955, AS AMENDED. WHEREAS, the State Director of Finance, the Board of Trustees of the Employees Retirement System and other State agencies submit to this Board of Supervisors an estimate of funds payable or retainable by them on the calendar year basis; and WHEREAS , county budgets are fixed on a fiscal rather than calendar year basis; and WHEREAS, a more accurate budgetary requirement would be attainable if the above debts are ascertainable for a period consistent with the County fiscal period; NOW, THEREFORE , BE IT RESOLVED BY THE BOARD OF SUPERVISORS in and for the County of Hawaii that it hereby respectfully requests the Fourth Legislature of the State of Hawaii to amend Section 129-5.1 , Revised Laws of Hawaii 1955, as amended, by substituting the words "ensuing fiscal year" for the words "calendar year" therein, so that as amended the said section reads: "State requirements. ( a) On or before January 31 of each calendar year the state [director of finance] shall compute and submit to the board of supervisors of each county the amounts which are payable to or retainable by the State for that county for the ensuing fiscal year to meet interest charges for serial bonds, and the principal for all serial bonds maturing the following ensuing fiscal year, which bonds have been issued by the State for county purposes ( except bonds issued prior to January 1, 1945 for highway purposes) . " (b) The board of trustees of the employees' retirement system of the State, on or before January 31 of each calendar year, shall submit to each county the amount estimated to be due from such county for the ensuing fiscal year, pursuant to chapter 6, on account of the employees thereof who are members of the employees ' retirement system. Res. Mo. .. File No. B. No. . /` :�_..__....._ Date: .__MAR...1 1:16Z_.._.._._ " (c ) Any other information or estimates as to requirements for the ensuing fiscal year, necessary to be given by any state office to any board of supervisors in order that such requirements may be included in determining the tax rate for the county, shall be submitted by such officer to the board not later than January 31 of such year. " BE IT FURTHER RESOLVED that copies of this resolution be transmitted to the President of the Senate and the Speaker of the House of Representatives of the Fourth State Legislature. Dated at Hilo , Hawaii , this 1st day of March, 1967. CHAIRMAN AND EXECUTIVE OFFICER COUNTY OF HAWAII { SUPERVISORS , COUNTY OF HAWAII