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HomeMy WebLinkAboutREP FC 418 07/30/1991 REPORT OF THE COMMITTEE ON FINANCE Date: July 30, 1991 Re: Comm. 2693 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 465, reports as follows : Bill 465 proposes to amend Ordinance 91-50, the Operating Budget for Fiscal Year 1991-92, by increasing revenues in the following General Fund accounts : Account No. Source Amount 3301. 04 Federal Grants-Area Plan on Aging $ 8,383 .00 3304 . 06 State Grants-Area Plan on Aging $125,489 .00 and appropriating same to the following account: Account No. Function & Activity Amount 010-411-5411. 10-115 Area Plan on Aging-Misc Contract SVC $133, 872 . 00 Communication No. 2693, dated July 16, 1991, from the Finance Director, explains the Office of Aging discovered its FY 1990-91 appropriations were understated due to supplemental funding. The federal appropriation for FY 1990-91 was $328, 600, yet actual grants awarded equaled $336,983, a difference of $8,383 . The state FY 1990-91 appropriation was $553,200, while grants received were $678, 689 for a $125,489 difference. The purpose of Bill 465 is to adjust and properly account for grants awarded to the County. Your Committee on Finance was informed by the Finance Director that the subject supplemental grant funds were not appropriated during FY 90-91, due to a changeover in accounting staff . Also, Pauline Fukunaga, Accountant, Office of Aging, explained if subject supplemental appropriations are not appropriated, needed services would not be contracted and grants cancelled. The appropriation will be carried over from FY 90-91 to the current fiscal year 91-92 . FC REPORT No. 418 ADOPTED: AUG 7 1991 FC-418 Page 2 July 30, 1991 Your Committee on Finance is in accord with the intent and purpose of Bill 465 and recommends that it pass first reading. -, , •��. 7Vet—Q-(2_, HELENE H. HALE, CHAIRWOMAN (ABSENT & EXCUSED) / ROBERT H. MAKUAKANE, VICE CHR. BRIAN J. 1E LIMA, MEMBE TAKA HI DOMIN O, MEMBE �� K �► MEMB HARRY S. liDDLE, MEMBER S' ', ER K SCHUTTE, MEMBER POL