Loading...
HomeMy WebLinkAboutCOM 0737.000 2016-2018 Harry Kim 'oofiY°i"'y:'� Deanna S. Sako Mayor " °• ,�t7; Director - �_ •,e. Nancy Crawford ,, Deputy Director OF�N +f•. w—,„off���.. �rF County of Hawaii Finance Department 25 Aupuni Street,Suite 2103 • Hilo,Hawai`i 96720 (808)961-8234 • Fax(808)961-8569 (a February 1, 2018 c-) c m7 .2: c Valerie Poindexter, Council Chair and =.! Members of the Hawai`i County Council ® t, Hawai`i County Council 25 Aupuni Street r; Hilo, Hawaii 96720 Re: Operating Budget Due to the increased Fuel Tax rate in the current fiscal year, Highway Fund revenues is expected to increase by an additional $4,000,000. These funds will be used for six initiatives as follows: Initiative: Amount: 1. Road Paving and Maintenance $1,400,000 2. Mass Transit Agency 1,000,000 3. Equipment and Materials 490,000 4. School Safety Projects 260,000 5. Traffic Signal Upgrades 550,000 6. Emergency/Disaster Fund 300,000 Total: $4,000,000 Enclosed is a bill for an ordinance amending the Operating Budget by appropriating this $4,000,000 as indicated above. If there are any questions, please do not hesitate to call Aaron Brown, of the Department of Public Works, at 961-8463. Deanna S. Sako Director of Finance Enc. Claw. 73 No. c: Public Works Ref. iso ( <$i 0 l 1010? Ref. Date FEB 0 2 2018 Hawaii County is an Equal Opportunity Employer and Provider Form #: B-52 7/18/91 DEPARTMENT OF FINANCE REQUEST FOR COUNCIL ACTION DEPARTMENT: Public Works DATE: 1/29/18 STAFF CONTACT: Aaron Brown PHONE: 808-961-8463 A. REQUEST: Amend Ordinance 17-39, Operating Budget, Highway Fund by appropriating $4,000,000 for additional funding for the Highways Maintenance Division, The Traffic Division, and the Mass Transit Agency with the additional Fuel Tax collections received due to the increase in Fuel Tax in Fiscal Year 2017-2018. Revenue Account: 020.3104.01 Expenditure accounts:_ 020.301.5301.76.235 Highways Maintenance Svc - Roadside Maintenance Misc Materials $1,400,000 020.311.5316.02.115 Hiway Mass Transit - OCE, Misc Contract Services 500,000 020.311.5316.02.111 Hiway Mass Transit- OCE Rental/Lease of Equipment 500,000 020.281.5281.22.115 Traffic Division - Traffic Safety, Misc Contract Services 260,000 020.911.5912.43.341 Highway Fund - Public Safety Disaster/Emergency, Misc Charges 300,000 020.281.5281.32.230 Traffic Division - Signals and St. Lights, Highway Materials 400,000 020.281.5281.32.235 Traffic Division - Signals and St. Lights, Misc Materials and Supplies 150,000 020.301.5301.02.111 Highways Maintenance Admin OCE, Rental Lease of Equipment 490,000 $4,000,000 B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED): Due to the Fuel Tax rate increase in FY 2017-2018, from 8.8 cents a gallon to 15 cents a gallon, we expect to collect $4,000,000 in added fuel tax revenue. The additional funds will be utilized for 6 different initiatives including: - Road Paving and maintenance - Mass Transit - School Safety Projects - Emergency/ Disaster Fund - Signal Upgrade - Equipment Highway Maintenance Division Description Utilization of Funds Road Paving and Maintenance: Funds will be used for road paving and $1,400,000 maintenance island wide, as consistent with the road paving schedule. Additional funds will allow Highways to complete more projects across all districts. Mass Transit Agency Funds will be used in alignment with upgrading $,1000,000 of the Mass Transit systems and its needs. School Safety Projects Funds will be utilized by the Traffic Division for $260,000 coordinating and implementing safety initiatives island wide with a focus on School safety through signage, lights, stripping, paving and other safety measures Emergency/ Disaster Fund Funds will be used to replenish this fund which has $300,000 been severly depleted due to insufficent revenue in the past 8 years. Signal Upgrades Funds will be used to move forward with island wide $550,000 signal upgrades and coordination. Equipment and materials Funds will be used to purchase and lease equipment to create operational efficiencies island wide. _ $490,000 $4,000,000 04, SIGNED: '` DATE: 7637/4, De•: ment ead