Loading...
HomeMy WebLinkAboutREP FC 263 01/20/1987 1984-1988 1111 REPORT OF THE • COMMITTEE ON FINANCE Date: January 13 , 1987 Re: Comm. 861 Place: Councilroom Time: 9:00 a.m. Chairman and Members Hawaii County Council 1 Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Resolution 241-87 reports as follows : The purpose of Resolution 241-87 is to transfer and appropriate $15 ,500 as follows : Out and from: I 010-101-5101.51-115 PROGRAM AUDITS $15, 500 Credited to: BUDGET FORMAT STUDY $15, 500 Funds are being transferred for the purpose of establishing necessary appropriations to undertake a Budget Format Study. Lacking a mutually acceptable budget format, the Mayor ' s original budget submittal is restructured annually by the Council which have created problems in the recording of accounts in the accounting system. The administration has expressed their concurrence that a budget format must be established and that they are receptive to having a third party' s proposal . It is the intent of the study to develop a budget format which will be acceptable to both the Executive and Legislative branches , thereby eliminating disruptions to the fiscal acounting system. Your Committee on Finance concurs with the intent of Resolution 241-87 and recommends adoption. AMilkik- th-LNY16-- FRANK DE LUZ III, CHAIRMAN ... • iiMilli - .Ak...Agiie 0C.... I\e--- M dR' . NE R. AlI IF i KU-INOUY' , V. . 6 -. ` E L. K. DAHLBE G, ,EMBER / /th-Alte-li; & ' ' I If i ,.......,, , , .- ._ f �'� jS_f S KOKUBU MEMBER 4V- . 4V // , WI---41/ lidkv 411°P - - TAKASHI D% GO MEM. MERL• K. LAI, MEMBER SENCER K. SCHUTTE, MEMBER FC REPORT No . 263 LA GC ADOPTED : JAN 20 1987