Loading...
HomeMy WebLinkAboutREP FC 509 01/28/1992 REPORT OF THE '``w COMMITTEE ON FINANCE Date: January 28, 1992 Re: Comm. 3236 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 554, reports as follows : The purpose of Bill 554 is to amend Ordinance 91-50, the Operating Budget for Fiscal Year 1991-92, by appropriating revenues in General Fund Accounts : Account No . Source Amount 3609 . 09 Fund Balance Reserved for Liquor $355, 898 . 00 Control and appropriating same to the following account : 010-251-5251 . 34-341 Refund Liquor License Fees $355, 898 . 00 Communication No. 3236, from Director of Finance William Takaba, dated January 3 , 1992, transmits Bill 554 to amend Ordinance 91-50 by appropriating revenues of $355, 898 in the Fund Balance Reserved for Liquor Control account and appropriating it to the Refund Liquor License Fee expenditure account . States , the appropriation is requested so that the Department of Liquor Control would be able to refund excess liquor license fees . Transmits for review appropriate documentation. Communication No . 3260, from Janice A. Bibb, Director of Department of Liquor Control, dated January 24, 1992, states that the Liquor Commission adopted Rule 3-7, effective December 29 , 1991, which now permits the Department of Liquor Control to effect refunds for license years 1986-1991 (five years) . The Liquor Commission approved the refund of only part of the fund balance. They intended to keep a reserve account of approximately $141, 000 which they believed they needed as a contingency. Your Committee questioned the legality of a reserve account since State Statute Section 281-17 . 5, HRS, as amended, states that any fees in excess of operating expenses shall be refunded to licensees . Mrs . Bibb stated that the excluded revenues would be considered at the Commission level . Your Committee requested that the Office of Corporation Counsel research the definition of funds and fees as well as whether the Council can initiate the return of all funds to licensees . FC REPORT Noy 509 ADOPTED: FEB 1 9 1992 FC- 509 Page 2 January 28, 1992 Your Committee on Finance is in accord with the intent and purpose of Bill 554 and recommends that it pass first reading after reviewing Corporation Counsel ' s recommendations . /`— HELENE H. HALE, CHAIRWOMAN )1 1 ? ief.tt_Agm, limi.,.._ROBERT H. MAKUAKANE, VICE CHR. BRIA J. E LIMA, MBER 1 _ tole" TA " SHI DOMI . 0, ME 4 ER MER . . I , " MBER �__ �': ,� HARRY S. UDDLE, MEMBER SPE CER K. SCHUTTE, MEMBER EJT