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HomeMy WebLinkAboutREP FC 072 1993/07/12 1992-1994 REPORT Or THE uUMMITTEE ON FINANCE Date - July 12 , 1993 R e Comm. 460 Place ,, Councilroom Time : 9 : 00 a .m . Chairman and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Bill 99 , reports as follows : The purpose of Bill 99 is to amend Ordinance 93-50 , the Capital Budget for the Fiscal Year ending June 30 , 1994 , by appropriating funds to the following accounts : Fire Department Fire Maintenance Shop Extension Waiakea $ 167 ,000 Fire Headquarters & Communications Building 11420 ,000 $1,587 ,000 Police Department Public Safety Building Phase 111 500 ,000 087 ,000 The funding source shall be GO Bonds or any source of funds available . It is the Finance Committee ' s understanding that the Fire Department ' s Fire Maintenance Shop Extension-Waiakea for $167 ,000 .00 and Fire Headquarters and Communications Building for $1 ,420 ,000 .00 were budgeted in 1990-91, Ordinance 90-75 , the County CIP Budget. Both appropriations lapsed because funding was not available . The Finance Committee understands that the Fire Department needs $5 , 000 ,000 . 00 to build the Fire Headquarters and Communications Building. It is the Committee ' s understanding that the present administration will issue GO Bonds for $500F000 -00 to fund the Public Safety Building Phase III . The additional funding from the County with the remaining balance from ACT 296 , 1991, Item K-35, of $789, 000 . 00 will allow the Police Department to build the Evidence Storage Warehouse and Police Radio Shop. K REPORT iJ0® 72 ADOPTED: FC- 72 Page 2 July 12 , 1993 Pursuant to Chapter 10-6 of the County Charter , anytime during the fiscal year , the Council may amend the Capital Budget by two-thirds vote of the entire Council . Your Committee on Finance is in accord with the intent and purpose of . Bill 99 and recommends that it pass first reading ® L./DI -AYES ! N ASI E_ EX Respectfully submitted, -ARA KI X COMMITTEE OIC ,FINANCE IMAONK-ABRAMSON--- xS ........................................ X _M M I N G 0 X ARA , CHAIRMAN X 'RO S EM-LL REPORT NOs 72 7CHUTTEE.O.M. X ADOPTED: