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HomeMy WebLinkAboutREP FC 049 2017/10/03 (2016-2018) REPORT OF THE COMMITTEE ON FINANCE DATE: October 3,2017 Re: Comm.No. 471/Bill No. 68 PLACE: Council Chambers Hilo,Hawai`i TIME: 1:00 p.m. Council Chair and Members Hawai`i County Council Hilo,Hawaii 96720 Your Committee on Finance,to which was referred Bill No. 68, reports as follows: Bill No. 68,transmitted by Finance Director Collins Tomei,via Communication No. 471 dated September 15, 2017, amends Ordinance No. 17-39, as amended,the Operating Budget for the County of Hawaii for the Fiscal Year ending June 30, 2018. This bill decreases revenues in the Transfer from General Fund account(-$50,772); and increases the Office of Management Salaries and Wages account by the same amount. This transfers funding for the Special Program Coordinator from the Office of Housing and Community Development to the Office of Management. Deanna Sako, Director of Finance,was asked and responded that this is the new position created in the current fiscal year's budget. It had been created under Housing but Ms. Sako moved it to the Mayor's office, stating that the Mayor was for this position being under him since,when dealing with the community, it has more weight while working with the homeless issue. Account No. Source Fund Amount 152.3609.11 Transfer from General Fund Housing $ -50,772 Total $ -50,772 The above specified amount is appropriated to the fund expenditure accounts as follows: Account No. Function and Activity Fund Amount 152.461.5466.01 Office of Housing S&W Housing $ 50,772 010.801.5801.32 Transfer to Housing Fund General $ -50,772 010.111.5111.01 Office of Management S&W General $ 50,772 Total $ -50,772 FC Report No. 49 FC-49 Page 2 October 3, 2017 Pursuant to Section 10-6(e) of the Hawai`i County Charter, "any time during the fiscal year,the council,by ordinance adopted by the affirmative vote of at least two-thirds of the entire membership, may amend the budget for that year." Your Committee on Finance is in accord with the purpose and intent of Bill No. 68, and recommends its passage on first reading. dm AYES NOES ABS EX Respectfully submitted, CHUNG X DAVID x COMMITTEE ON FINANCE EOFF X KANUIIA X LEE LOY X Atab.n. O HARA X POINDEXTER x MAILE DAVID, CHAIR RICHARDS X FC REPORT NO.: 49 RUGGLES X ADOPTED: OCT T 1 8 201/ I _