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HomeMy WebLinkAboutCOM 0091.035 2016-2018 Eileen O'Hara tY.oF- Phone: (808) 965-2712 Council Member •c,�°~ y�`•'.+•; Fax: (808) 961-8912 •Council District 4 • ",��y,'r''' Email: eileen.ohara@hawaiicounty.gov 1.11 Chair: Environmental -- = Vice Chair:Planning Committee and Management Committee r4r,pF• Agriculture, Water&Energy Sustainability Committee County of Hawai`i Hawaii County Council 25 Aupuni Street,Suite 1402 • Hilo, Hawaii 96720 --�1 (808)961-8255 • Fax (808)961-8912 • rn Memorandum No. 03 .33„, .� -- To: Valerie T. Poindexter, Council Chairwoman and Members of the Hawai`i County Council From: 3cof Eileen O'Hara, Council Member Council District 4 Date: May 24, 2017 Subject: Proposed Amendment to Bill No. 11, Draft 2, Proposed Operating Budget for Fiscal Year 2017-2018 Below is a proposed amendment to Bill No. 11, Draft 2, regarding the proposed Operating Budget for fiscal year 2017-2018. This proposed amendment would amend the General Fund accounts as follows: • Increases the Real Properly Tax revenue account by $232,687; • Increases the Council's Contingency Relief account by $225,000; • Increases Mass Transit-OCE account(bus stop equipment and construction) by$2,451; • Increases the Transfer to Public Access/Open Space Preservation Fund account by $4,654; and • Increases the Transfer to Public Access/Open Space Preservation Maintenance Fund account by $582. This amendment would increase real property tax revenues; therefore, the Public Access/Open Space Preservation accounts would also increase pursuant to Sections 10-15(a) and 10-16(d)(1) of the County Charter. A corresponding amendment to Resolution No. 213-17, which establishes the real property tax rates, has also been submitted for processing. The following amendment affecting appropriations to the revenue and expenditure accounts are reflected below: Comm. No. ` �.3S Ref. To: Ref. Date JAY.2 4✓Z Hawai`i County Is an Equal Opportunity Provider and Employer. Memorandum No. 03 May 24, 2017 Page 2 of 2 Proposed Budget Amendments Revised 2017-2018 Add/ 2017-2018 Account No. Account Description Estimate (Reduce) Estimate General Fund Revenues 010.3101.10 Real Property Taxes 300,117,645 232,687 300,350,332 Total Revenue Adjustments 232,687 Expenditures 010.101.5101.91 Contingency Relief 675,000 225,000 900,000 3"41 Contingency Relief.Mzsc_Charges . 675.000225.000., . 900,000 '. 1 -CONTINGENCY EUND , = . ... RENIgilg-g?75ipoo. 900,000 010.311.5311.02 Mass Transit-OCE 4,278,900 2,451 4,281,351 INIIIAPIPARittiMMKPRO1"1"5 Mass Transit-OCE;.M sc.Contract,Seruices :2,652.773efteggggz45ti, miglIngz055,a2c 1 B.US.STOP EQt7I PM I NT&:CONSTRUC 'ION. 47,975 2,451" gpoliggit 50,42( 010.801.5801.52 Transfer to Public Access/Open Space Pres Fund 6,068,353 4,654 6,073,007 MINENIENTEITaig 341 Tr to Pub Acc/Op"Sp Pres:Fund.Misc Charges 6,068,353 =4.654 6 073.007' 1,,,TR ix PUB ACCax,,i$ PRIS I1.INp., ....... 6. 680.3 , ", 4654 . 6.073,007: 010.801.5801.55 Trans to Public Access/Open Space Pres Maint Fund 758,544 582 759,126 3.11.Tr to Pub Ace/Op Sp Pres Nlaint Ea:Imwetitelappab ggion75m44a582: . . .. 1=TR FTO PUB ACC/OP SRRUS HAIRY EtTN , (758,544laitliggiE21.58ZE759.126 Total Expenditure Adjustments 232,687 Total Revenue Adj-Total Expenditure Adj 0