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HomeMy WebLinkAboutREP FC 470 02/22/1988 1984-1988 OFFICE INFORMATION ONLY March 2, 1988 Meeting: { Action: Receive and file FC Rept. 470 . I ' Re: FC Rept. 470 411 REPORT OF THE410 COMMITTEE ON FINANCE Date: February 22, 1988 Re: Comm. 1487 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. 397-88, reports as follows: The purpose of Resolution No . 397-88 is to fix, determine and set the amount of the County of Hawaii fuel tax in accordance with law , at 8 .785 cents and 6 .785 cents per gallon, respectively, for gasoline on-highway and LPG on-highway. Your Committee on Finance is of the understanding that the resolution is based on the following premises: 1 . That the spending of public monies will be in a manner provided for by law . 2 . That the amount of fuel tax may be per gallon, one or more cents or a fraction of a cent or both or zero . 3 . That such resolution shall be adopted only upon the conduct of a public hearing legally constituted . 4. That the existing County fuel tax had been set 10 years ago atfive cents per gallon . 5 . That the increase in fuel tax is expected to generate a projected $1 .5 million increase in highway fund revenues yearly . 6 . That the spending of all revenues generated from the fuel tax increase be based upon the apportionment formula ' developed by the Department of Public Works and be used in accordance with highway improvement projects incorporated in Exhibit A. Your committee is aware that the increase in the fuel tax- must be in consonance with the following conditions: 1 . That all of the revenues generated by the fuel tax increase shall be expended for highway improvements as delineated in Exhibit A. 2. That the expenditures shall be in accordance with a district apportionment formula based upon a percentage derived from each district 's percentage vehicle weight tax and percentage road miles , and that the apportionment formula shall be updated annually . 3 . That this resolution shall take effect in accordance with provisions incorporated in Section 243-5, Hawaii Revised Statutes , and shall continue in effect for ten years . FC REPORT NO , 470 ADOPTED : • , , 411 110 ,.... , _ FC- 470 Page 2 February 22, 1988 It was reiterated in discussion that Resolution 397-88 differs from the administration 's proposal in that it includes an Exhibit A and that expenditures be in accordance with a district apportionment formula and that such formula be updated annually, and such a resolution is to be adopted only upon the conduct of duly constituted public hearings . Your committee expressed concern if the wording in Resolution 397-88 referred to the restrictions placed upon the use of the revenues derived would apply to the resolution passed in 1977 . It was explained that only the revenues derived from Resolution 397-88 will apply. There were further concerns expressed relating to the proposed impact fees as it relates to projects in Exhibit A. It was explained that roads in Exhibit A refers only to existing roadways . It was further explained that where impact is involved, specific guidelines must be followed and would not involve existing roadways . Your committee has received communications from Patricia A. Hess, Secretary, Puna Community Council , dated February 2, 1988 (C-1488) , and Harry F. Wiese, dated January 26, 1988 (C-1488.1 ) , commenting on the fuel tax issue. In addition, a communication from Mayor Carpenter , dated January 29, 1988 (C-1486) , relating to Resolution 304-87 was received. Your committee heard testimony from the Hawaii Island Chamber of Commerce, United Public Workers, Hawaii Island Contractors ' Association, and the Japanese Chamber of Commerce & Industry of Hawaii in support of Resolution 397-88. Pursuant to the provisions of Section 243-5 , Hawaii Revised Statutes , the Council of the County of Hawaii is enabled and empowered to determine the amount of the County fuel tax. Your Committee on Finance recommends that all matters relating to the fuel tax increase be referred to the uncil without a recommendation. AlAP° Loolielaidub FRANK DE LUZ III, CHAIRMAN r • LORRA \E R. A---1- AKU-I ,OYE, .C. if J L. K. DAHL: RG MEMBER` I . i / i w ' 00 / TAKASH DOM 7 , yE ' SSE L S. KOKU:UN, MEMBER - ME' K. LAI, MEMBL,,' SPENCER K. SCHUTTE, MEMBER L /KK