Title 2 ADMINISTRATION AND PERSONNEL
Chapter 2.92 TRANSFERS BETWEEN CAPITAL IMPROVEMENT APPROPRIATIONS
2.92.010 Definitions.
2.92.030 Authorization.
2.92.030 Reports to council.
2.92.010 Definitions.
Unless otherwise expressly stated, whenever used in this chapter, the
following terms shall be taken to have the following
meanings:
“Bid” means the amount of money proposed to be
charged by a contractor for the construction of a capital improvement
project.
“Capital improvement” means a capital improvement
identified in the capital program for a fiscal year.
“Capital
improvement appropriation” means the amount of money appropriated for the
payment of the cost of constructing of a capital
improvement.
“Capital improvement appropriation balance”
means the unexpended portion of a capital improvement
appropriation.
“Council” means the council of the county of
Maui. (Ord. 2104 § 1 (part), 1992)
2.92.030 Authorization.
If the bid of the lowest responsible bidder exceeds the amount
appropriated for the construction of a capital improvement, the mayor may make
transfers from other capital improvement appropriation balances for the same
fiscal year; provided, however, such transfers from other capital improvement
appropriation balances shall not, in the aggregate, increase or decrease the
capital improvement appropriations by more than ten percent, or $25,000,
whichever is less. (Ord. 2104 § 1 (part), 1992)
2.92.030 Reports to council.
Within thirty days after each transfer, the director of finance shall
report to the council the amount of the transfer and shall identify the capital
improvement appropriation from which and to which transfers have been made.
(Ord. 2104 § 1 (part), 1992)
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