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<br /> <br /> <br />III. DEPARTMENT OF FINANCE REPORT: <br />1. Department of Finance to Share with the commission information and updates. <br /> <br />No testifiers. <br /> <br />a. Report of balances in the preservation and maintenance funds <br /> <br />Mr. Schapiro reviewed the fund balances reflected in the board packet. He stated that <br />at the end of April, the preservation fund has a balance of $26.9 million and that the <br />maintenance fund has a balance of $3.2 million. <br /> <br />b. Timing and process for submitting the 2026 Priority List and Annual Report to the <br />Mayor <br /> <br />Mr. Schapiro stated that the Department has been discussing internally how to <br />expedite the process of submitting the Annual Report. Traditionally the report is due <br />to the Mayor at the end of December, however, once the scores are received in July, <br />and the Commission deems the information in their reports appropriate, the <br />Department will discuss what our new timeline will be and how to move that forward. <br /> <br />c. Availability of the Status of Properties on Prioritized List on the County Website <br /> <br />Mr. Schapiro shared that information on the PONC program can be found on our <br />website, and the list of prioritized properties is continually updated. He further states <br />that a new version had just been uploaded to the website that morning and continued <br />to explain how the list is broken down, summarizing that there are 26 properties <br />protected by PONC, 36 that have resolutions, 27 without resolutions, and nine that <br />were nominated but are protected through other means. <br />He then announced that Honolulu Landing had recently been acquired as of last Friday <br />and congratulated those who were involved in its protection. <br /> <br />d. Status of Zoom or other remote meeting capabilities for future PONC meetings <br /> <br />Regarding the status of remote meeting capabilities, Mr. Schapiro says that the <br />Department put together a list of equipment needs and a budget and presented that <br />information to Micah Alameda, the Executive Assistant in the Mayor’s office. He <br />stated that Micah was very interested in leading the video conferencing initiatives for <br />the entire County and will plan to acquire the necessary equipment as part of his <br />budget for the following fiscal year. <br /> <br />e. Management planning responsibilities for PONC-preserved properties <br /> <br />Mr. Schapiro related that management planning responsibilities will now lie with the <br />Department of Finance. He then shared that not all 26 properties currently have <br />management plans, and we are not able to do all the management plans quickly or <br />simultaneously, so to please bear with us as we work through the details. <br />DRAFT v.1 - Minutes of May 11, 2026 <br />Page 2 <br /> <br /> <br />