Sunday, March 01, 2009
Big Island Video News
"The proposed operating budget for Hawaii County's fiscal year ending June 30, 2010 was submitted in writing to the county council by Mayor Billy Kenoi on Friday.
The proposed balanced budget, the first to be drawn up by the Kenoi administration,
estimates 'revenues and appropriations of $386,279,510, which is 4.2% less than the current year's budget' according to the mayor's message to the council.
The message says there will be no increase in property taxes.
'Today we are confronted with a worldwide economic downturn that has hurt the tourism and construction industries,' Mayor Kenoi wrote. 'There is a consensus that this is the most severe economic upheaval in decades. In this environment, the County is forced to consider all options for balancing the budget in a way that maintains essential public services such as police and fire protection.'"