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HomeMy WebLinkAboutREP FC 572 11/21/1988 1984-1988 OFFICE INFORMATION ONLY • Meeting: December 19 , 1988 Action: - Close file. (See Bill 684, Draft 3) 1 Re: FC-572 • 0 REPORT OF THE 411 COMMITTEE ON FINANCE Date: November 21 , 1988 Re: 'Comm. 1854 Place : Councilroom Time: 10 : 00 a .m. Chairman and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance , to which was referred Resolution No . 497-88 , reports as follows: The purpose of Resolution No . 497-88 is to transfer and appropriate $15 ,600 as follows: Out and From: 010-311-5311 .70-011 UMTA SECTION 18 GRANT $15 ,600 Credited To: 010-311-5311 .70-115 UMTA SECTION 18 GRANT $12, 706 -449 1 , 134 -456 1 ,760 $15 ,600 Communication 1854 explains that the County has received an authorization of $67,366 under the UMTA, Section 18 , Capital and Operating Assistance Grant which is incorporated in the Mass Transit Agency budget . Of this amount, $42,000 has been appropriated, leaving an unappropriated amount of $25 ,366 . The communication further explains that $15 ,600 in salary and wages is to be redirected to various other accounts . Pursuant to Section 10-9 of the Hawaii County Charter , the Council , by resolution, may transfer part or all of any unencumbered appropriation balance from one agency to another . Your Committee on Finance is in ac with the intent and purpose of Resolution No . 497-88 and recommends its adoption. FRANK DE LUZ AddimhCHAIRMAN 1 i AILfrow, LORRA E R. fir CHAKU-INO YE, .C. ` iSSELL KO UB 7' 744.1,: R ti Qtun., iii C�- •- _ PAMELA F. CUSHN I E, MEMBER MER K J I, ;M71640 ' • 401prioa , 4( TAKA HI DOMIN 0, MEMB R 'E E' K. SCHUTTE, MEMBER LA/KKK FC REPORT No . 572 ADOPTED :