HomeMy WebLinkAboutCOM 0198.000 2016-2018 l tarry Kim '�r!!.°'"'i Collins Tomei
I/nror '. Wq Director
�iC, .• Deanna S. Sako
e•�'41 tieput.Director•
County of Hawaii
Finance Department
25 Aupuni Sheet.Suite 2103 • Illln.Ilauni i 96720 f7
04081961-823l • I.ar(08)9614569 On
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March 30, 2017 --fZ
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Valerie Poindexter, Council Chair and '+In
Members of the I-lawai'i County Council
I Iawai`i County Council
25 Aupuni Street
Hilo. Hawaii 96720
Re: Operating Budget
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 2016-17. requiring additional funds he 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 576.000 to the Public Access/Open Space, and Natural Resources
Preservation Fund, and 59.500 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 he waived from the Finance
Committee and to place it on the April 19. 2017 Council Agenda. If there are any
questions, please do not hesitate to call Kay Oshiro of the Finance Department at
961-8425.
Collins' .fomci
Director of Finance /�
cc: Kay Oshiro Comm.No. / 9 Y
Ref.To: yp7/E0
4 at
It 76 Ref.Dafe di 94' 3 0 7017
Hawaii County is an Equal Opportunity Employer and Provider
Form #: B-52
7/18/91
DEPARTMENT OF FINANCE
REQUEST FOR COUNCIL ACTION
DEPARTMENT: Finance DATE: 3/16/17
STAFF CONTACT: Kay Oshiro PHONE: x8425
A. REQUEST:
To amend the FY 17 General Fund operating budget by increasing revenues and appropriations by the
following:
Increase Real Property Tax Interest estimated revenues by $85,500
Increase appropriation Transfer to Public Access/Open Space Preservation Fund by $76,000
Increase appropriation Transfer to Public Access/Open Space Preservation Maintenance Fund by $9,500
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: d.----y+/✓ DATE: 11 (11
department Head
MAII.E ME,DEIROS DAVID • '•. AARON S. Y. CHUNG
DRU MAMO KANUHA
('hairpersnn - n.
. ,�k':!y /, SUSAN L. K. LEE LOY
KAREN EOFF � EILEEN O'HARA
15oe Choir o M1,e; VALERIE T. POINDEXTER
.-- HERBERT M. "TIM" RICHARDS,III
JENNIFER RUGGLES
HAWAII COUNTY COUNCIL
County of Hamel7
'Envoi'i County lv Building
25 Aupuni Street
Jiilo, }luwni'i 96720
March 30, 2017
Valerie T. Poindexter, Chairperson
Hawaii County Council
25 Aupuni Street
Hilo, Hawaii 96720
RE: Bill No. 28 : AN ORDINANCE '10 AMEND ORDINANCE NO. 16-72, AS
AMENDED, THE OPERATING BUDGET FOR THE COUNTY OF HAWAII FOR THE
FISCAL YEAR ENDING JUNE 30, 2017 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 he
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.
,1 Sincerely,
✓V
Maile David, Chairperson
Committee on Finance
A.'rove. 'ate/Waive to Council: MA 0 2011 Disapproved/Date/Refer to FC:
4/1
Valerie T. Poindexter, Chairperson Valerie T. Poindexter, Chairperson
I lawai`i County Council I lawai`i County Council
Hawaii County is an Equal Opportunity Provider and Employer