10-09-2019, 04:40 AM
https://www.hawaiitribune-herald.com/201...tax-funds/
The County Council will be asked next week to reappropriate $8.4 million in fuel tax money that’s due to lapse because it wasn’t spent on time. The money accumulated in the accounts during the past 11 years, with $2 million of it not spent in the fiscal year that ended June 30, 2018.
Money left on the table includes $1.3 million in local road projects, with the majority of the unspent money attributed to Puna. The Puna District accounted for $454,722 in unspent road money, compared to $365,394 for South Hilo roads, $254,987 for North Hilo roads, $200,280 for North Kona roads, $60,241 for Hamakua roads and $7,629 for Ka‘u roads.
Good thing they raised the fuel tax and added an excise tax surcharge. Just imagine what could happen if County didn't have all this extra revenue?
The County Council will be asked next week to reappropriate $8.4 million in fuel tax money that’s due to lapse because it wasn’t spent on time. The money accumulated in the accounts during the past 11 years, with $2 million of it not spent in the fiscal year that ended June 30, 2018.
Money left on the table includes $1.3 million in local road projects, with the majority of the unspent money attributed to Puna. The Puna District accounted for $454,722 in unspent road money, compared to $365,394 for South Hilo roads, $254,987 for North Hilo roads, $200,280 for North Kona roads, $60,241 for Hamakua roads and $7,629 for Ka‘u roads.
Good thing they raised the fuel tax and added an excise tax surcharge. Just imagine what could happen if County didn't have all this extra revenue?