03-19-2019, 07:37 AM
https://www.westhawaiitoday.com/2019/03/...using-get/
"We told them our priority would still be roads," Kim said Monday.
If the priority is the same as what's already allowed by the GET surcharge legislation, then why does Kim need "flexibility" in how that money is spent? Do we really not have $50M worth of transportation needs in a $573M budget?
The County Council last week approved a quarter-cent increase to the GET, bringing the county surcharge to one-half cent, estimated to add $50 million annually to the budget. Kim earlier this month submitted a $573.5 million preliminary proposed budget, a 10.7 percent increase. Because that was based on the quarter-cent GET surcharge, the amended budget due May 5 is expected to increase by another $25 million.
In other words: we got this tax revenue, and we gotta spend it, so we're increasing the budget to match?
"We told them our priority would still be roads," Kim said Monday.
If the priority is the same as what's already allowed by the GET surcharge legislation, then why does Kim need "flexibility" in how that money is spent? Do we really not have $50M worth of transportation needs in a $573M budget?
The County Council last week approved a quarter-cent increase to the GET, bringing the county surcharge to one-half cent, estimated to add $50 million annually to the budget. Kim earlier this month submitted a $573.5 million preliminary proposed budget, a 10.7 percent increase. Because that was based on the quarter-cent GET surcharge, the amended budget due May 5 is expected to increase by another $25 million.
In other words: we got this tax revenue, and we gotta spend it, so we're increasing the budget to match?