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HomeMy WebLinkAboutREP FC 055 2023/06/06 2022-2024 REPORT OFT COMMITTEE ON FINANCE DATE: June 6, 2023 Re: Comm.No. 310/Res.No. 186-23 PLACE: Council Chambers Hilo, Hawaii TIME: 9:00 a.m. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Resolution No. 186-23, reports as follows: Resolution No. 186-23,transmitted by Finance Director Deanna Sako, via Communication No. 310 dated May 18, 2023, authorizes the acceptance of all donations of securities or personal property to the County of Hawaii within the 2023-2024 fiscal year that are not covered by the Department of Finance's capitalization procedures. This resolution provides County Council pre-authorization for the County to accept donations that are not covered by the Finance Department's capitalization procedures for Fiscal Year 2023-2024. Committee Chair Matt Kaneali`i-Kleinfelder asked Finance Director Deanna Sako to provide background on this measure. Ms. Sako briefly summarized the purpose of this resolution. There was no further discussion on the matter. Pursuant to Article XIII, Section 13-12, of the Hawaii County Charter provides that the Council, on behalf of the County, may accept gifts of donations of money, securities or other personal property or of real estate or any interest in real estate, and Chapter 2,Article 30, Section 2-162(b), of the Hawaii County Code states that a gift or donation of money, securities, or personal property not covered by the capitalization procedures (of the Department of Finance) shall be submitted to the Council by letter for its approval. Your Committee on Finance is in accord with the purpose and intent of Resolution No. 186-23, and recommends its adoption. ikh AYES NOES ABS EX Respectfully submitted, EVANS x GALIMBA x COMMITT4ONFINAE INABA X KAGIWADA X KANEALI`I-KLEINFELDER X KIERKIEWICZ x MATT KAFELDER, KIMBALL x CHAIR LEE LOY X FC REPORT NO.: 55 VILLEGAS x ADOPTED: 2 1 2023