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HomeMy WebLinkAboutREP FC 532 08/16/1988 1984-1988 , .w 411 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 Resolution No . 475-88, reports as follows: Resolution No. 475-88 proposes to transfer $10 ,380 from the Miscellaneous Insurance Claims & Judgments Account ( 010-911-5912. 21-339) in the General Fund to the EM Pay Adjustments Account ( 010-911-5912 .65-341) . Your Committee is aware that this transfer is necessary to cover the difference of $10 ,380 between the $247,272 received from the State through Act 400 of the 1988 State Legislature and the $257, 652 that represents the actual cost of the pay adjustments to the excluded employees affected by the provisions of Act 400 . Your Committee is further aware that Bill 606 is the appropriation bill authorizing the receipt and expenditure of the $247, 272 from the State. During discussion, your Committee was informed that the need for the additional $10 ,380 was caused by a difference in the method of computation between the County and the State . The State did not allow for additional compensation adjustment to cover the computational discrepancy. Your Committee directed the Personnel Director to once again pursue the possibility of obtaining the difference of $10 ,380 from the State. In response to the question regarding who the excluded managerial employees were , the Personnel Director indicated that 18 personnel are affected and he will furnish the members of the Council with a list of the names . FC REPORT No . 532 ADOPTED : An 2 5 19d • ti• lr 411 i FC- 532 Page 2 August 16 , 1988 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 accord with the intent and purpose of Resolution No. 475-88 and recommends its adoption. kart FRANK DE LUZ III, CHAIRMAN RRA NE R. J l' AKU-INOUYE, V.C. (ABSENT & EXCUSED) 4 1 ' / / 41 4 TAKASHI DOMINGO, MEMBER ' SSELL S . KOKUBU , MEMBER 400 MERL ' K. LAI, MEMB ' SPENCER K. SCHUTTE, MEMBER LA/HAT/KK