HomeMy WebLinkAboutCOM 0253.000 2014-2016William P. Kenoi
Mayor
March 25, 2015
County of Hawaii
Finance Department
25 Aupuni Street, Suite 2103 • Hilo, Hawaii 96720
(808)961-8234 • Fax(808)961-8569
Dru Kanuha, Council Chair and
Members of the Hawaii County Council
Hawaii County Council
25 Aupuni Street
Hilo, Hawaii 96720
Re: Operating Budget
Deanna S. Sako
Director
Lisa K. Miura
Deputy Director
Pursuant to Sections 10-15 and 10-16 of the County Charter, 2% of real property tax
revenues, (including penalty and interest) must be transferred from the General Fund to
the Public Access/Open Space, and Natural Resources Preservation (PONC) Fund, and
.25% of these tax revenues must be transferred to the Public Access/Open Space, and
Natural Resources Preservation Maintenance Fund. Real property tax interest revenues
are expected to exceed the amount budgeted for FY 2014-15, requiring additional funds
be transferred into the PONC and PONC Maintenance accounts in order to maintain
compliance.
Enclosed is a bill for an Ordinance amending the Operating Budget by appropriating
$100,000 to the Public Access/Open Space, and Natural Resources Preservation Fund,
and $12,500 to the Public Access/Open Space, and Natural Resources Preservation
Maintenance Fund.
In order to ensure that the transfer may be done by the deadline as required by the County
Charter, we are requesting that this bill be waived from the Finance Committee and to
place it on the April 15, 2015 Council Agenda. If there are any questions, please do not
hesitate to call Kay Oshiro of the Finance Department at 961-8425.
Nnna Sako
Director of Finance
Enc.
<sm 40 Comm. No. d -S3
Ref. To: L
Ref. Date
Hawaii County is an Equal Opportunity Employer and Provider
Form #: B-52
7/18/91
DEPARTMENT: Finance
STAFF CONTACT: Kav Oshiro
A. REQUEST:
DEPARTMENT OF FINANCE
REQUEST FOR COUNCIL ACTION
DATE: 3/13/15
PHONE: x8425
To amend the FY 15 General Fund operating budget by increasing revenues and appropriations by the
following:
Increase Real Property Tax Interest estimated revenues by $112,500
Increase appropriation Transfer to Public Access/Open Space Preservation Fund by $100,000
Increase appropriation Transfer to Public Access/Open Space Preservation Maintenance Fund by $12,500
B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED):
Real property tax interest revenues are expected to exceed the amount budgeted, which would then cause
the budgeted appropriations for the transfers to the Public Access/Open Space Preservation Fund and the
Public Access/ Open Space Preservation Maintenance Fund to be insufficient.
SIGNED:
Department Head
DATE: 3/' , /
KAREN EOFF
Chairperson
VALERIE T. POINDEXTER
['ice Chair
HAWAII COUNTY COUNCIL
County of Hawai `i
Hawaii County Building
25 Aupuni Street
Hilo, Hawaii 96720
March 25, 2015
Dru Mamo Kanuha, Chairperson
Hawai `i County Council
25 Aupuni Street
Hilo, Hawaii 96720
AARON S.Y. CHUNG
MAILE "MEDEIROS" DAVID
GREGGOR ILAGAN
DRU MAMO KANUHA
DENNIS "FRESH" ONISI11
DANNY PALEKA
MARGARET WILLE
RE: Bill. No. 46 : AN ORDINANCE TO AMEND ORDINANCE NO. 14-81, AS
AMENDED, THE OPERATING BUDGET FOR THE COUNTY OF HAWAII FOR THE
FISCAL YEAR ENDING JUNE 30, 2015 RELATING TO THE TRANSFER OF FUNDS TO
THE PUBLIC ACCESS, OPEN SPACE AND NATURAL RESOURCES PRESERVATION
FUND.
Pursuant to Section 2(g) of Rule 4 of the Rules of Procedure of the Council of the County of
Hawaii, this written request is submitted with my approval that the above -referenced matter be
waived from the Committee on Finance to the full Council for immediate action. In reviewing
this matter, timely approval is crucial. It is therefore advantageous that approval is granted and
the matter be placed onto the next Council agenda for review. However, in the event this request
is denied, for whatever reason, I understand the matter shall be referred to the Committee on
Finance for placement on its future agenda.
�Sincerely,
Karen Eoff, Chairperson
Committee on Finance
Approved/Date/Waive to Council:
1
Dru Mamo Kanuha, Chairperson
Hawaii County Council
Disapproved/Date/Refer to FC:
Dru Mamo Kanuha, Chairperson
Hawaii County Council
Hawai `i County is an Equal Opportunity Provider and Employer