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HomeMy WebLinkAboutREP FC 565 05/12/1992 REPORT OF THE COMMITTEE ON FINANCE Date: May 12, 1992 Re: Comm. 3680 Place: Councilroom - Time: 10 : 00 a.m. Chairman and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Resolution No . 448-92, reports as follows : The purpose of Resolution No . 448-92 is to transfer/appropriate $130, 000 . 00 as follows : OUT & FROM: 010-801-5803 . 01-341 Interest on GO Bonds- 130, 000 . 00 County CREDITED TO: 010-911-5911 . 86-341 Worker ' s Compensation 130, 000 . 00 Comm. No. 3680, from Finance Director William Takaba, dated May 4, 1992, transmits Resolution 448 to transfer $130, 000 from the Interest on GO Bonds account, and to appropriate same to the Workers ' Compensation account for the purpose of paying increased supplemental benefits and the 15% increase in cases . Appropriate documentation from the Division of Industrial Safety is transmitted for review. Your Committee on Finance concurs with the intent of Resolution No. 448-92 and recommends its adoption. i ,, ELENE H. HALE, CHAIRWO / °tit! 4 ROBE•T H. MAKUAKANE, VICE CHR. B• ,N J D LI '", MEMB-r (ABSENT & EXCUSED) Ale _Ab& TA SHI DOMING MEMBER M /LA '< EMB, R HARRY S. R DDLE, MEMBER • R K. SCHUTTE, MEMBER EJT FC REPORT NO. 565 ADOPTED: MAY 2 0 1992