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HomeMy WebLinkAboutCOM 0958.007 2016-2018 Harry Kim o�t"°F"s,,� Deanna S. Sako Mayor Director n y !U Nancy Crawford +r•:; r:w;: ��, Deputy Director of Hawai County i Finance Department 25 Aupuni Street,Suite 2103 • Hilo,Hawai`i 96720 (808)961-8234 • Fax(808)961-8569 ¢» C3: - � at:). June 26, 2018 .-mac Valerie Poindexter, Council Chair and :n Members of the Hawai`i County Council =r m Hawai`i County Council w ° 25 Aupuni Street Hilo,Hawai`i 96720 Re: Bill 159, Draft 2 Establishing a .25% GET Surcharge It is our understanding that there has been a request for reconsideration of Bill 159, Draft 2, which did not pass final reading on June 19, 2018. During discussion regarding the bill, a comment was made regarding the need for additional details about the use of GET Surcharge revenue if the tax were established. The attached financial plan combines information included in previous submittals to the County Council, and provides additional detail. If you have any questions, please feel free to contact me at 961-8234. CUI4A1-o4- Deanna S. Sako Director of Finance Enc. Comm. No. qçg'. I Ref.To: . /C_euneL1 Ref. Date JUN 2 9.2098 Hawai'i County is an Equal Opportunity Employer and Provider Two Year Financial Plan For GET Surcharge (Based on estimated revenue) FY 2018-19 FY 2019-20 $10,000,000 $25,000,000 Mass Transit from General Fund Salaries&Wages $ 812,000 $ 835,000 Operating Expenses $ 2,700,000 $ 2,920,000 Equipment $ 1,100,000 $ 1,600,000 Fringe Benefits $ 288,000 $ 295,000 $ 4,900,000 $ 5,650,000 Mass Transit Master Plan Implementation Buses&Misc Equipment- $ 700,000 $ 1,000,000 Expansion of Programs $ 800,000 $ 1,000,000 Shared Ride Bike Share Paratransit Van Pool Capital Improvements $ 600,000 $ 1,700,000 Bus Stops Shelters Technology Improvements $ 700,000 $ 1,000,000 Added Routes&Hours $ 800,000 $ 1,000,000 $ 3,600,000 $ 5,700,000 Transportation Projects Ane Keohokalole, Phase 3 (Hinalani to Kaiminani) Planning& Design $ 1,500,000 ROW Acquisition $ 1,000,000 Oneo Lane (Nani Kailua) ROW Acquisition $ 700,000 Preventive Maintenance $ 5,580,000 (Kawili St,Alii Dr, Kinoole St, Manono St) Major Resurfacing $ 6,370,000 (Lanikaula St,Waianuenue Ave, Kamehameha Ave, Kilauea Ave, Keawe Ave, Mamalahoa Hwy-Kiloa Rd, Komohana Ave) $ 10,000,000 $ 25,000,000