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HomeMy WebLinkAboutREP FC 329 05/11/1983 1980-1984 411 111 REPORT OF THE COMMITTEE ON FINANCE May 11 , 1983 Chairman and Members Hawaii County Council Hilo, Hawaii Your Committee on Finance to which was referred: LComm. 1213 : TRANSFER OF FUNDS - HIGHWAY 'FUND (Res . 621) From Director of Finance Stanley A. Nakamae dated April 29, 1983 informing workers ' compensation payments in the Highway Fund are much higher than anticipated for this fiscal year and additional funds must be transferred to meet the needs. The budgeted sum of $100 , 000 has been exceeded and requests an additional $100 ,000 be transferred from various accounts in the Highway Fund to cover the overdraft and provide funds for the rest of the fiscal year; recommends Council approve and adopt Resolution 621. All TOMIO FUJII, CHAIRL FC REPORT NO. 329 ADOPTED : MAY 18 1983 lei f }Uo , ao aa L- -