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HomeMy WebLinkAboutREP FC 393 05/21/1991 REPORT OF THE COMMITTEE ON FINANCE Date: May 21, 1991 Re: "Comm. 2511 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 428, reports as follows : The purpose of Bill 428 is to define the term "encumbrance" and thereby clarify that appropriations of state, federal and private money received for specific purposes are considered encumbered at fiscal year end if the grant is not complete. Communication No . 2511, dated April 19 , 1991, from Finance Director William Takaba, informs that although the term "encumbrance" is widely used in the County Code, the County Charter and the Hawaii Revised Statutes, there is no legal definition of the term in any of those documents . Also transmitted for Committee review were copies of opinions rendered by the Corporation Counsel on subjects related to "certification of funds as an encumbrance of funds" (from Gerald Takase, dated January 27, 1989) and "Lapse of Appropriations" (from Frederick Giannini , dated February 8, 1991 .) Your Committee on Finance is in accord with the intent and purpose of Bill 428 and recommends that it pass first reading . HELENE H. HALE, CHAIRWOMAN LI ROBERT H. MAKUAKANE, VICE CHR. BRIAN J. DE LIMA, - : R TAKASHI DOMI GO, M BER MERL ./K. L , MEMBE' I lgitAl&iVAgmmir ..%4°,1* HARRY S. DDLE, MEMBER •.PE CER K. SCHUTTE, MEMBER POL FC REPORT NO, 393 ADOPTED: JUN 5 1991