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Communication 125 <br /> Bill43 <br /> Page 3 <br /> Your Committee originally reviewed the Capital Budget in conjunction with departmental <br /> program reviews on March 29 through March 31, 2005. Pursuant to Section 10-4, Hawaii <br /> County Charter, the Council also conducted public hearings on the proposed FY2005-06 <br /> Operating and Capital Budgets in Hilo on March 14, 2005, and in Kona on March 16, 2005. <br /> Upon review of the Mayor's amended budget submittal in May 5, 2005, the Council may <br /> propose amendments as necessary. <br /> Your Committee on Finance is in accord with the purpose and intent of Bill No. 43 and <br /> <br /> recommends it pass first reading. <br /> <br /> smc <br /> raves Noes nx~r. ex Respectfully submitted, <br /> A RAKAKI x <br /> HICA x COMMITTEE ON FINANCE <br /> HOFFMANN <br /> HOLSCHUH ~ ~ ~ • • `Alt''~AVV1",'I,_'1( 1~~` <br /> IKEDA <br /> ISBELL ~ <br /> aACOBSON ~ V[RG NIA [SBELL, CHAIR <br /> PILACO ~ FC REPORT NO. 88 <br /> SA FA RIK ~ ADOPTED: MAY <br /> 1- 8 2~OS <br /> <br />