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HomeMy WebLinkAboutCOM 0774.008 2018-2020 -SYofh REBECCA VILLEGAS �'o°:� t•'�.,'.. PHONE: (808)323-4267 FAX: (808)323-4786 • �� Council Member ,1� y'`�� • District 7, Central Kona ' *' k'%%,��,I '*• EMAIL:Rebecca.villegas@hawaiicounty.gov N!):4 OF 3::41P • HAWAII COUNTY COUNCIL West Hawai`i Civic Center, Bldg.A 74-5044 Ane Keohokalole Hwy. Kailua-Kona, Hawai'i 96740 Memorandum No. 3 No TO: Aaron S. Y. Chung, Council Chair and Members of the Hawa1 1 County Council µ , FROM: Rebecca Villegas, Council Member , DATE: May 20, 2020 SUBJECT: Proposed Amendment to Bill No. 144, Draft 2; Proposed Operating Budget for Fiscal Year 2020-2021 Below is a proposed amendment to Bill No. 144, Draft 2, regarding the proposed Operating Budget for fiscal year 2020-2021. This proposed amendment would provide funds to subsidize golf in West Hawai`i by amending the General Fund revenue and expenditure accounts as follows: • Increases the revenue account Fund Balance From Previous Year by $250,000; and • Increases the expense account West HI Golf Program by $250,000. Proposed Budget Amendments General Fund Revised 2020-2021 2020-2021 Account No. Account Description Estimate Add/(Reduce) Estimate Revenue 010.3609.10 Fund Bal.From Prey Year 29,973,282 250,000 30,223,282 Total Revenue Adjustment 250,000 Expenditure 010.500.5503.42 West HI Golf Program 0 250,000 250,000 ,t5 tlittfai :6006, 5 06.1 1 S`eritldei:, : Total Expenditure Adjustment 250,000 Total Revenue Adj-Total Expenditure Adj 0 RV/lw 'Comfit. No. Ref. To:_ jui a ( Ref, Date:. .*1_102.0,_ Hawai`i County Is an Equal Opportunity Provider and Employer.