ยง46-46 - Excess expenditures; when permitted.
ยง46-46ย Excess expenditures; when permitted.ย
Any provision of law to the contrary notwithstanding, the council of any county
may, with the prior approval of the governor and the state director of finance,
and upon the authority of the council, any duly authorized department, bureau,
officer, or employee of the county may, (1) incur, authorize, and contract,
during any fiscal year, liabilities and obligations, whether payable during the
fiscal year or not, for any and all purposes, in excess of the moneys available
for the purposes of the county during the year, provided that in the case of
the county of Hawaii, Kauai, or Maui, the total of liabilities and obligations
incurred, authorized, or contracted during any fiscal year in excess of the
moneys available to the county during the year shall not exceed $100,000, and
in the case of the city and county of Honolulu shall not exceed $250,000, and
(2) pay such liabilities and obligations out of any moneys borrowed from the
State under section 36-23. [L 1949, c 342, ยง2; RL 1955, ยง138-11; am L Sp 1959
2d, c 1, ยง14; am L 1963, c 114, ยง1; HRS ยง46-46]