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HomeMy WebLinkAboutREP FC 547 04/21/1992 OFFICE INFORMATION ONLY Meeting: May 6 , 1992 Action: Bill 603, Draft 2, referred back to FC. NOTE: Bill filed; Ord. 92-74 , Capital Budget for FY 1992-93 adopted. Re: REPORT OF THE COMMITTEE ON FINANCE Date: April 21, 1992 Re: Comm. 3565 Place: Councilroom Time: 10 : 00 a .m. Chairman and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Bill 603 , reports as follows : The purpose of Bill 603 is to amend Ordinance 91-51, the Capital Improvement Budget, for Fiscal Year 1991-92, by adding the following projects : Ainaola Park Facilities Improvements $80, 000 . 00 Piihonua/Kaumana Transfer Station $80, 000 . 00 First Council District Road & Drainage Impr . $80, 000 . 00 Sixth Council District Park Improvements $80, 000 . 00 Ninth Council District Park Improvements $80, 000 . 00 Comm. No. 3565, from Councilmembers James Y. Arakaki , Brian De Lima, Robert Makuakane, Takashi Domingo and Spencer K. Schutte, submits (1) Bill 602 to amend the Operating Budget by increasing the fund balance by $400, 000 and appropriating same to the Transfer to Other Funds account and (2) Bill 603 to amend the Capital Budget to include additional projects . Councilmember Brian DeLima amended Bill 602 by removing $80, 000 from Piihonua/Kaumana Transfer Station and transfer the $80, 000 to the second and fourth Council Districts for Park Maintenance and Improvements . The Department of Parks and Recreation will expend these monies on priorities in these districts . Your Committee was divided on Bill 602 since three members opposed the process used to create this bill . It was believed that all Councilmembers are to have an equal share of the fund balance. Your Committee on Finance is in accord with the intent and purpose of Bill 603 , Draft 2, and recommends that it pass first reading . 6:""))/ - 'HELENS H. HALE, C W ROBERT H. MA. ,KANE, VICE CHR. BRIAN D L,� '.' MEMBER 1 ,l • 1 ASJloi C TAKASHI DOMINO, MEMI R MER A ~' 0` BER S. le441,1e, ADO- eaneAA HAR' : S. RUDDLE, MEMBER NCER ' . S UTTE, MEMBER i FC REPORT N0 , 547 EJT ADOPTED :