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HomeMy WebLinkAboutCOM 0645.048 2020-2022 6JMty oF!r�yw n LJ�I,e, HEATHER L. KIMBALL r* Contact Information Council Member (808) 961-8828 Chair, Committee on Governmental Operations, °i• ;,���, ; (808)961-8018(staff) Relations and Economic Development r''F°oF'µ��'e heather.kimball@hawaiicounty.gov Council District 1 HA AVI COUNTY COUNCIL County of Hawai'i CD Hawai`i County Building F 25 Aupuni Street, Suite 1402 Hilo, Hawai`i 96720 t � ' Memorandum No. 07 TO: Maile Medeiros David, Council Chair and Members of the Hawaii County Council FROM: Heather Kimball, Council Member Holeka Inaba, Council Mem ��t DATE: June 1, 2022 SUBJECT: Proposed Amendment to Bill No. 126, Draft 2; Proposed Operating Budget for Fiscal Year 2022-2023 Below is a proposed amendment to Bill No. 126,Draft 2, the proposed Operating Budget for fiscal year 2022-2023. The purpose of this amendment is to transfer $9,000,000 appropriated for Dousing Production into the County Housing Revolving Fund, a fund that has defined parameters for its use, until such time as the Housing Production Fund has established parameters for use defined by the County Council and Office of Housing Administrative Rules. The amendment to the Housing Fund is reflected in detail in the table below: Proposed Budget Amendment Housing Fund Revised 2022-2023 2022-2023 Account No. Account Description Estimate Add/(Reduce) Estimate Expenditures 152.461.5469.02 Housing Production 9,000,000 (9,000,000) 0 115 Housing Production,Misc. Contract Services 9,000,000 (9,000,000) 0 1 -HOUSING PRODUCTION 9,000,000 (9,000,000) 0 152.801.5801.60 Transfer to Cty Hsg Revolving-Hsg 0 9,000,000 9,000,000 341 Transfer to Cty Hsg Revolving-Hsg,Misc. Charges 0 9,000,000 9,000,000 I -TRANSFER TO CT HSG REVOLVING 0 9,000,000 9,000,000 Total Expenditure Adjustment 0 HLKJjk Comm. No. Ref. To: WAS Ref. Date JUN — Z 2022 Hawai`i County Is an Equal Opportunity Provider and Employer