Loading...
HomeMy WebLinkAboutREP FC 157 2018/11/19 (2016-2018) REPORT OF THE COMMITTEE ON FINANCE DATE: November 19, 2018 Re: Comm. No. 1166/Bill No. 211 PLACE: Council Chambers Kailua-Kona, Hawai`i TIME: 10:35 a.m. Council Chair and Members Hawai`i County Council Hilo, Hawai`i 96720 Your Committee on Finance, to which was referred Bill No. 211, reports as follows: Bill No. 211, transmitted by Finance Director Deanna S. Sako, via Communication No. 1166 dated October 30, 2018, amends Ordinance No. 18-69, as amended, relating to public improvements and financing thereof for the Fiscal Year July 1, 2018 to June 30, 2019. This bill establishes the following program appropriations to the Capital Budget: Roadway Projects (Engineering) ($2 million); Bridge Inspection, Repair, and Replacement Program (Engineering) ($1.4 million); and Local Road Improvements (Highways) ($3.4 million), for a total of$6.8 million. Appropriates the fuel tax revenues established by Resolution No. 212-17. Aaron Brown, Business Manager, Department of Public Works (DPW), gave a brief overview of Bill No. 211, explaining that the bill gives DPW the appropriation to collect the fuel tax and to utilize the funds for the paving and engineering operations. Council Member Herbert M. "Tim" Richards, III, asked, and Mr. Brown confirmed, that the allocation for road improvements is based upon a percentage of County roads in each district. In response to Mr. Richards' inquiry about a previously mentioned list of which roads, Mr. Brown stated that DPW is in the process of compiling such a list and would be available within the next few weeks and contain a list of projects with the cost estimates. Mr. Richards asked whether this would change the annual budget for the County or if this is reflective of the monies already appropriated. Ms. Sako explained that it is actually appropriating the money that was transferred to the capital budget so DPW could go ahead with projects. Ms. Sako confirmed that these funds are not utilizing the fuel tax collected from the General Excise surcharge. Your Committee on Finance is in accord with the purpose and intent of Bill No. 211, and recommends its passage on first reading. dmm AYES NOES ABS EX Respectfully submitted, CHUNG X DAVID x COMMITTEE ON FINANCE EOFF X KANUHA 'mIlr LEE LOY X / 4� O'HARA X POINDEXTER x MAILE DAVID, CHAIR RICHARDS X FC REPORT NO.: 157 RUGGLES X ADOPTED: DEC 1 9 2018