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HomeMy WebLinkAboutREP FC 145 2022/05/03 2020-2022 PORT OF THE COMMITTEE ON FINANCE DATE: May 3, 2022 Re: Comm. No. 752/Bill No. 161 PLACE: Council Chambers Kailua-Kona, Hawaii TIME: 2:30 p.m. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Bill No. 161, reports as follows: Bill No. 161, transmitted by Finance Director Deanna S. Sako via Communication No. 752 dated April 14, 2022, amends Ordinance No. 21-39, as amended, relating to public improvements and financing thereof for the fiscal year July 1, 2021,to June 30, 2022. This bill reappropriates lapsed fuel tax funds from prior fiscal years by establishing the following fuel tax program appropriations to the Capital Budget: Roadway Projects (Engineering) ($451,774.22); Bridge Inspection, Repair and Replacement Program(Engineering) ($332,289.35); and Local Road Improvements (Highways) ($1,761,734.13), for a total appropriation of$2,545,797.70. Per Committee Member Holeka Goro Inaba's request, Ms. Sako described the funding context of the measure. Ms. Sako then clarified for Mr. Inaba that the funds have already been transferred to the Capital Project fund and that Finance wants to reappropriate funds in order to continue work on lapsing projects. Your Committee on Finance is in accord with the purpose and intent of Bill No. 161, and recommends its passage on first reading. i I i arc AYES NOES ABS EX Respectfully submitted, CHUNG X DAVID x COMMITTEE ON FINANCE INABA X KANEALI`I-KLEINFELDER X KIERKIEWICZ X KIMBALL x MATT KANEALI`I-KLEINFELDER, CHAIR LEE LOY X RICIIA.RDS X FC REPORT NO.: 145 VILLEGAS X ADOPTED: MAY 1 8 2022