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HomeMy WebLinkAboutREP FC 536 08/16/1988 1984-1988 REPORT OF THE COMMITTEE ON FINANCE Date: August 16 , 1988 Re : 'Comm. 1731 Place : Councilroom Time: 10 :00 a.m. Chairman and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Bill 606, reports as follows: Bill 606 amends Ordinance 88-83 , as amended, the Operating Budget for Fiscal Year 1988-89, by increasing the State Grants Revenues Account No . 3304 . 33, entitled "State Grants - EM Pay Adjustments" in the General Fund, Highway Fund and Sewer Fund by the sum of $247 , 272 and appropriating same to the following accounts : Account No. Function & Activity Fund Amount 010-911-5912 . 65-341 EM Pay Adjustments General $180 , 804 010-911-5912. 36-341 Transfer to DWS General 33, 234 010-911-5912 . 66-341 EM Pay Adjustments Highway 16, 617 010-911-5912.67-341 EM Pay Adjustments Sewer 16 ,617 $247, 272 These funds have been provided by Act 400 of the 1988 State Legislature. Act 400 allows for the adjustment of pay for all current excluded managerial employees who have remained incumbents since the excluded managerial compensation plan went into effect on July 1 , 1981 and those employees who were similarly ,assigned to the plan without a pay increase prior to July 1 , 1982. Communication 1731 also acknowledges that the amount received from the State is short $10 ,380 and will be covered by the County ( see Resolution 475-88) . The actual cost of the adjustment , as calculated by the Department of Civil Service, is $257, 652. Your Committee concurs with the purpose of Act 400 to allow for the compensation adjustments . No , FC REPORT NO 536 AU6 ADOPTED : 411 FC- 536 Page 2 August 16 , 1988 Your Committee on Finance is in accord with the intent and purpose of Bill 606 and recommends that it pass first reading. •AAAV • wir FRANK DE LUZ III, CHAIRMAN _4RRA R CHAKU-INO YE, .C. (ABSENT & EXCUSED) J1-144.J.- • TAKASHI DOMINGO, MEMBER SSELL S. KOKUB MEMBER -gid . . MERLE K. LAI, MEMBE' SPENCER K. SCHUTTE, MEMBER LA/HAT