HomeMy WebLinkAboutCOM 0696.000 2016-2018 -'NZY OF N'' .
Harry Kim `�.'c� �'�• � Deanna S. Sako
Mayor e� Director
,° 1—'•• - Nancy Crawford
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OF`N • Deputy Director
•County of Hawaii
Finance Department
25 Aupuni Street,Suite 2103 • Hilo,Hawai`i 96720
(808)961-8234 • Fax(808)961-8569
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January 4, 2018 c
Valerie Poindexter, Council Chair and
Members of the Hawai`i County Council -11 c_)
Hawai`i County Council = ;
25 Aupuni Street
Hilo, Hawai`i 96720
Re: Operating Budget
In the current Budget Ordinance 17-39, $545,000 is appropriated in the Real Property Tax Sale
Cost & Expenditure account. Due to an increase in the amount of parcels anticipated for Real
Property Tax Foreclosure Tax Sale, the Department of Finance Real Property Tax division
requests that this appropriation be increased by an additional $525,000.
Enclosed is a bill for an ordinance amending the Operating Budget by appropriating these
additional funds into the Finance Department's Real Property Tax Sale Cost& Expenditure
account bringing the total appropriation to $1,070,000.
If there are any questions, please do not hesitate to call Lisa Miura of the Real Property Tax
Division at 961-8260.
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Deanna S. Sako
Director of Finance
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c: RPT
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Ref. To:_FL
Ref. Date JAN 0 8 2018
Hawai`i County is an Equal Opportunity Provider and Employer
Form #: B-52
7/18/91
DEPARTMENT OF FINANCE
REQUEST FOR COUNCIL ACTION
DEPARTMENT: Finance-Real Property Tax Division DATE: 1/2/18
STAFF CONTACT: Lisa Miura PHONE: 961-8260
A. REQUEST:
Approval to increase:
1. RPT Tax Sale Cost & Expense Revenue Account 3501.40, increase of$525,000.00.
2. RPT Tax Sale Cost & Expense Expenditure Account 010.121.5125.40.115, increase of$525,000.00.
B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED):
Council action is needed to appropriate funds to accommodate the increased amount of parcels up for Real
Property Tax Foreclosure Tax Sale in FY 2017-2018.
JAN 032018
SIGNED: j9 —.p DATE:
Department Head