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HomeMy WebLinkAboutCOM 0091.039 2016-2018 JEN RUGGLES Public Works&Parks and Recreation Council MemberCommittee Chair t�OF p District 5— Puna Mauka, •>cc.- �'�•, o.• . �� Public Safety&Mass Transit Pahoa Mauka, Kalapana - -" \\f��%,;. Committee Chair Phone: 808-961-8263 '•,, '•.off ;� .� , Hawai`i County Building a'pFax: 808-961-8912 ... 4 Mo�.•' E of.,��► : 25 Aupuni St. Suite 2404 Email:Jen.Ruggles@hawaiicounty.gov Hilo, HI 96720 HAWAII COUNTY COUNCIL ' 40 Memorandum No. 07 :. --tom tN) CD rn TO: Valerie T. Poindexter, Council Chairwoman -- . and Members of the Hawai`i County Council :cp 411 FROM: ystr4en Ruggles, Council Member DATE: June 2, 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 Property Tax revenue account by $11,600,179; • Increases Transfer to Capital Project Fund-G account by $11,339,175 for capital improvement projects: Modification& Relocation-Puna Water Spigot Stations $600,000 and Puna Roads Repair&Maintenance $10,739,175; • Increases the Transfer to Public Access/Open Space Preservation Fund account by $232,004; and • Increases the Transfer to Public Access/Open Space Preservation Maintenance Fund account by $29,000. 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 General Fund revenue and expenditure accounts are reflected below: Comm. No " I'�1 Ref. To: VII S COW'` Ref. Dote JUN 0 5 2017 Memorandum No. 07 June 2, 2017 Page 2 Proposed Budget Amendments General Fund Revised 2017-2018 2017-2018 Account No. Account Description Estimate Add/(Reduce) Estimate Revenues 010.3101.10 Real Property Taxes 300,117,645 11,600,179 311,717,824 Total Revenue Adjustments 11,600,179 Expenditures 010.801.5801.33 Transfer to Capital Project Fund-G - 11,339,175 11,339,175 341 Trans::toCaP:project Fund-G.`Mie Charges_ 1.1,339,175 . ,39 175:. : ._. (Modificat on&Relocation,Puna Water.Spigot..tations) 00;000 60 000 (Puna Roads Repair&Maintenance) - 10,739,175• 10,739,175.. 010.801.5801.52 Transfer to Public Access/Open Space Pres Fund 6,068,353 232,004 6,300,357 341 Trl Pb,Aec/0 Sp PiesfuncMik.Charges. 068,353 23 004 6300;357 . -`IR:TQ:PB ACC/OP SP PRES FUND 6;06.8;353 232,004 6,300;357 010.801.5801.55 Trans to Public Access/Open Space Pres Maint Fund 758,544 29,000 787,544 341'Tr.toPub Ace/Op'Sp;Pres.°:.Maint:grid,Misc Chr.gs ........ ; 758;544: 29;000. ;7$7;544 1 'R TO PUB ACC/OP SP PRES;MAINT:FUND 758.,544 29;000 787;544 Total Expenditure Adjustments 11,600,179 Total Revenue Adj-Total Expenditure Adj 0