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HomeMy WebLinkAboutREP FC 134 2014/02/18 (2012-2014) REPORT OF THE COMMITTEE ON FINANCE DATE: February 18, 2014 Re: Comm. No. 657/Bill No. 197 PLACE: Council Chambers Kona, Hawai`i TIME: 4:07 p.m. Council Chair and Members Hawai`i County Council Hilo, Hawai`i 96720 Your Committee on Finance, to which was referred Bill No. 197, reports as follows: Bill No. 197, transmitted by Finance Director Nancy Crawford, via Communication No. 657 dated January 30, 2014, amends Ordinance No. 13-65, as amended, the Operating Budget for the County of Hawai`i for the fiscal year ending June 30, 2014. The amendment is as follows: From: 020.3609.08 Fund Balance From Previous Year- Reserved Highway $ 274,703.67 To: 020.801.5801.34 Transfer to Capital Projects Fund - Highway Highway $ 274,703.67 This bill appropriates revenues in the Fund Balance From Previous Year- Reserved account($274,703.67); and appropriates same to the Transfer to Capital Projects Fund - Highway account. These fiscal year 2011-2012 excess fuel tax revenues would be appropriated to the Transfer to the Capital Projects Fund to be expended by the Public Works Department. There was no discussion on this measure. Your Committee on Finance is in accord with the purpose and intent of Bill No. 197, and recommends its passage on first reading. sc AYES NOES ABS EX Respectfully submitted, EOFF X FORD x COMMITTEE ON FINANCE ILAGAN X KANUHA X KERN X ONISHI X POINDEXTER x VALERIE T. POINDEXTER, CHAIR FC REPORT NO.: 134 YOSHIMOTO x ADOPTED: MAR 0 7 2014