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HomeMy WebLinkAboutREP FC 010 2023/01/24 2022-2024 REPORT OF THE COMMITTEE ON FINANCE DATE: January 24, 2023 Re: Comm.No. 56/Bill No. 13 PLACE: Council Chambers Kailua-Kona, Hawaii TIME: 10:30 a.m. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Bill No. 13, reports as follows: Bill 13, transmitted by Finance Director Deanna S. Sako, via Communication No. 56 dated January 5, 2023, amends Ordinance No. 22-63, as amended, the Operating Budget for the County of Hawaii for the fiscal year ending June 30, 2023. This bill increases revenues in the Fund Balance from Previous Year—account($300,500); and appropriates the same to the Geothermal Fire Equipment account. Funds would be used to purchase essential fire equipment to be utilized in Pahoa and other sectors within the lower Puna area. Committee Member Ashley L. Kierkiewicz provided a brief overview of this bill. Committee Member Michelle Galimba asked how the Geothermal Fire Equipment account is funded, to which Finance Director Deanna Sako explained that the Geothermal Community Benefit Fund is funded through royalties received from Puna Geothermal. Your Committee On Finance is in accord with the purpose and intent of Bill No. 13, and recommends its passage on first reading. ik AYES NOES ABS EX Respectfully submitted, EVANS X GALIMBA x COMMITTEE ON F ANC INABA X KAGIWADA X KANEALI`I-KLEINFELDER X KIERKIEWICZ x MATT KANE LI`I-KL INFELDER, KIMBALL x CHAIR LEE LOY I X FC NO.: 10 VILLEGAS X ADOPTED: FEB 0 8 202