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HomeMy WebLinkAboutREP FC 510 02/11/1992 REPORT OF THE COMMITTEE ON FINANCE Date: February 11, 1992 Re: Comm. 3264 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 560, reports as follows : The purpose of Bill 560 is to amend Ordinance 91-50, the Operating Budget for Fiscal Year 1991-92, by increasing revenues in the following General Fund account : Account No . Source Amount 3609 . 07 TRANSFER FROM OTHER FUNDS $5, 000 . 00 and appropriating same to the following account : 010-517-5517 .33-341 MAKAHIKI EVENTS $5, 000 . 00 Communication No. 3264 , from Finance Director William Takaba, dated January 22, 1992, submits a bill to amend Ordinance 91-50, by increasing revenues in the General Fund by $5, 000 . 00 to pay for Makahiki related expenses . Transmits for review appropriate documentation. Your Committee noted that Bill 562 needed to be approved before Bill/ 560 since funds needed to be transfered from the Capital Budget to the Operating Budget inorder to fund this project . Your Committee on Finance is in accord with the intent and purpose of Bill 560 and recommends that it pass first reading . H"LENS H. HALE, - , RO: RT H. KUAKANE, VICE CHR. BRIAN J. DE I ,/ , - ' : 7R T' SHI DOM NG , M /.BER RLE LAI , MEM: v HARRY S. DDLE, MEMBER ,C, R K. SCHUTTE, MEMBER EJT FC REPORT NO, 510 ADOPTED: FEB 1 9 199k