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HomeMy WebLinkAboutREP FC 511 02/11/1992 �...--- REPORT OF THE COMMITTEE ON FINANCE Date: February 11, 1992 Re: Comm.- 3275 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 562, reports as follows : The purpose of Bill 562 is to amend Ordinance 91-51, the Capital Budget for Fiscal Year 1991-92, for the following project: Section 1 Delete the following project : Establish Hawaiian Culture and Arts Project in West Hawaii (relative to annual Makahiki events) $5, 000 . 00 Section 2 Transfer the following appropriation into the following account : Account No . Source Amount 2233 . 00 Unallotted Appropriation General Fund $5, 000 . 00 transferring to the following account : Transfer to Other Funds in Capital Projects $5, 000 . 00 Fund for transfer to General Fund Communication No. 3275, from Legislative Auditor Harry A. Takahashi, dated January 30, 1992, submits a bill to amend the Capital Budget by deleting the Establish Hawaiian Culture and Arts Project in West Hawaii - Annual Makahiki Events $5 , 000 and transferring said funds to the General Fund to carry out the intent of Bill 560 (Communication No . 3264) . States , he has submitted a copy of his transmittal communication and bill to the Mayor to allow her the opportunity to submit her comments in time for Council ' s deliberation. FC REPORT No, s> > ADOPTED : FEB 1 9 1992 Y FC- 511 Page 2 February 11, 1992 Your Committee noted that Bill 562 needed to be approved before Bill/560 because funds from the Capital Budget needed to be transferred to the Operating Budget in order to expend money for this project . Your Committee on Finance is in accord with the intent and purpose of Bill 562 and recommends that it pass first reading . .-. 4.6:,;;;:-e-- /4 (/(- HELENE H. HALE, CHAIRWOMAN C42:5) (;:k444......•-ye."--~t..._ ' ROBERT H. MAKUAKANE, VICE CHR. BRIAN LIMA, MEMB ,• , titk *: ' TA SHI DOMIN 0, MEM MERLE ' . LI , MEMB • C (2■44-11,------- HARRY S. UDDLE, MEMBER 'E' R SC 'UTTE, MEMBER EJT