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i <br /> S <br /> REPORT OF THE <br /> COMMITTEE ON FINANCE <br /> DATE: May 3, 2022 Re: Comm. No. 757/Bill No. 165 <br /> PLACE: Council Chambers <br /> Kailua-Kona, Hawaii <br /> TIME: 2:30 p.m. <br /> Council Chair and Members <br /> Hawaii County Council <br /> Hilo, Hawaii 96720 <br /> Your Committee on Finance, to which was referred Bill No. 165, reports as follows: <br /> Bill No. 165, transmitted by Finance Director Deanna S. Sako via Communication No. 757 dated <br /> April 14, 2022, amends Ordinance No. 21-38, as amended,the operating budget for the County of <br /> Hawaii for fiscal year ending June 30, 2022. <br /> This bill increases revenues in the Real Property Tax Penalties account ($720,000); and appropriates <br /> the same to the Transfer to Disaster/Emergency Fund account($240,000) and the Transfer to Public <br /> Access/Open Space Preservation Fund account ($480,000), to account for excess real property tax <br /> penalty revenue that must be appropriated into these special funds pursuant to the Hawaii County <br /> Charter. <br /> There was no discussion on the measure. <br /> Your Committee on Finance is in accord with the purpose and intent of Bill No. 165, and <br /> recommends its passage on first reading. <br /> ,ITC <br /> AYES NOES ABS EX Respectfully Submitted, <br /> CHUNG X <br /> DAVID x COMMITTEE ON FINANCE <br /> INABA X <br /> KANEALI`I-KLEINFELDER X <br /> KIERKIEWICZ X <br /> KIMBALL X MATT KANEAUFPORT <br /> EINFELDER, CHAIR <br /> LEE LOY X <br /> RICHARDS X NO.: 149 <br /> VILLEGAS X ADOPTED: MAY -1 8 2022 <br />