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HomeMy WebLinkAboutCOM 0643.000 2014-2016 William P. Kenoi os;;4. , ,, Deanna S. Sako Mayor ��" Director � pis Lisa K. Miura Deputy Director e r . • 17T`OF N�'� County of Hawaii Finance Department 25 Aupuni Street,Suite 2103 • Hilo,Hawai`i 96720 (808)961-8234 • Fax(808)961-8569 January 14, 2016 Dru Kanuha, Council Chair and _ Members of the Hawai`i County Council Hawai`i County Council Hilo, Hawai`i 96720 w -- Dear Chairman Kanuha and Members of the County Council: Subject: BIKEWAY FUND, FUND BALANCE Pursuant to Section 10-8 of the Hawai`i County Charter relating to supplemental appropriations, I am taking this means to certify that there is a balance of$648,549.30 in the Bikeway Fund fund balance as of June 30, 2015. We are proposing the appropriation of$250,000 of the fund balance to the Bicycle Education—OCE account for use by the Department of Research and Development for their Bike Share pilot project. Enclosed is a bill for an ordinance amending the Operating Budget by increasing the Bikeway Fund's Fund Balance from Previous Year revenue account by $250,000 and then appropriating it to the Bicycle Education—OCE account, for use by the Department of Research & Development. The remaining balance of$398,549.30 in the Bikeway Fund fund balance will be kept in reserve for future appropriation needs. Should you have any questions or concerns, please feel free to contact Kawehi Inaba, Director of the Department of Research and Development at 323-4700. Sincerely, William P. Kenoi Mayor Enc. <-6%`\ \" 1 Comm. No. 4'113 Ref. To: FC_ Ref. Date JAN 1 5 Z916 Hawai'i County is an Equal Opportunity Employer and Provider Form #: B-52 7/18/91 DEPARTMENT OF FINANCE REQUEST FOR COUNCIL ACTION DEPARTMENT: Research and Development DATE: 1/11/16 STAFF CONTACT: Lois Nishida PHONE: x8584 A. REQUEST: Amend Ordinance 15-57, the Operating Budget for FY2015-2016, to increase the budget in the Bicycle Education Program as follows: 060.3609.10 Fund Balance from Previous Year $250,000.00 060.321.5321.02.115 Bicycle Education Pgm. 250,000.00 B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED): The Department of Research and Devleopment requests funding for a Bike Share pilot project. The goal of the Bike Share project is to provide residents and visitors with an alternative mode of transporation for short trips between points of interest, businesses and hotels. Having an option like Bike Share makes it safer, easier and more affordable to navigate our neighborhoods; while providing health, economic and environmental benefits for the broader community. This pilot project will also promote the continuous development of appropriate infrastructure for biking, bike safety and bike ridership on Hawai'i Island. r , SIGNED: �._ DATE: 1/11/16 Department Head