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TAKAHASHI: No. <br />RAY: Philosophically, this is a major issue in terms of the Mayor vs. the <br />Council and how all this works, so does anybody want to ask Mr. Takahashi anymore <br />on this? <br />YOSHIYAMA: Is there any bearing on balanced budget, what you're proposing? <br />TAKAHASHI: No, because the Charter does not require that the budget be <br />balanced. The Charter requires that expenditures do not exceed revenues, that's all, <br />so you can have more revenues than expenses. <br />RAY: Mr. Yuen has something to share on this in regard to the <br />Corporation Counsel's involvement. <br />YUEN: Yes, I did look at Corp Counsel's Opinion on this question and <br />what they said was the Charter does say that when the Council strikes out one of the <br />Mayor's proposed appropriations, and sends it back to the Mayor, the Mayor cannot <br />restore that appropriation. In other words, when the budget bill comes back to the <br />Mayor with things that the Council has put in that the Mayor doesn't like, the Mayor can <br />then strike those out, send them back to the Council. And if the Council wants to put <br />them back in, it's a six to three vote by the Council, to put the Council's money back in. <br />• But once the Council has voted, by a majority vote, five to four, not to fund certain items <br />that the Mayor would like to fund, that the Mayor cannot stick those back in. If I'm <br />understanding your suggestion correctly, the effect would be that if the Mayor got to <br />then resubmit those funds, then they would be in the budget unless the Council voted <br />six to three not to fund them again. <br />• <br />TAKAHASHI: Yes. <br />YUEN: The Corp Counsel based their Opinion on the present Charter, <br />both on the language of the Charter and on normal ideas of the separation of powers <br />between the Executive and the Legislative bodies, where, to spend money, you have <br />an appropriation by a Legislative body, and if you don't have a majority vote of the <br />Council in favor of spending money for a particular purpose, then you don't have an <br />appropriation. <br />TAKAHASHI: 5.3-3: These are the powers of the Finance Director. I looked at <br />the HRS. 1 was wondering why the Purchasing Agent, the Treasurer and the Auditor <br />was specifically mentioned in the Charter. It was done so because in the old days, we <br />had these positions in one of the Chapters in the HRS. But subsequent to that, these <br />sections in the HRS have all been repealed. I don't think it's a major problem because <br />the HRS no longer exists, however, it seems like, by having this in the Charter, that <br />28 <br />