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HomeMy WebLinkAboutCOM 0417.000 2022-2024 Mitchell D. Roth +tv.o ,F;'• Deanna S. Sako Mayor • -**?-?C•- �4' Director • __ '�-_ Diane Nakagawa Deputy Director OF•H'i�: County of Hawaii Finance Department 25 Aupuni Street,Suite 2103 • Hilo,Hawaii 96720 (808)961-8234 • Fax(808)961-8569. August 16, 2023 Heather Kimball, Council Chair and czr Members of the Hawai`i County Council � ' �' Hawai`i County Council a• 25 Aupuni Street , . • Hilo, Hawai`i 96720 Re: Operating Budget Enclosed is a bill for an ordinance amending the Operating Budget by appropriating $8,903,560.97 from the Office of Housing Fund Balance from Previous Year account to the Office of Housing and Community Development's Housing Production account. These funds will be used to fund successful Housing Production proposals. If there are any questions, please do not hesitate to call Royce Shiroma of the Office of Housing and Community Development at 961-8379. G Deanna S. Sako Director of Finance Enc. c: OHCD <DI c i Comm: No. h Ref. Tot_.. Hawai'i County is an Equal Opportunity Employer and ProvideRef. Date AUG 2 2 2(123 Form#:B-52 7/18/91 DEPARTMENT OF FINANCE REQUEST FOR COUNCIL ACTION DEPARTMENT: Office Of Housing& Community Dev. Date: 08(08/23 STAFF CONTACT: Royce Shiroma /Susan Kunz PHONE: (808) 961-8379 5 A. REQUEST: FY Please submit the attached bill to amend Ordinance No. 23-50,as amended,the Operating Budget for the County of Hawaii for the Fiscal Year(FY)ending June 30,2024-to appropriate the Fund Balance,as follows: 152.3609.10 Fund Bal from Prey Year $ 8,903,560.97 152.461.5469.02.115 Housing Production,Misc.Contract Svc $8,659,424.00 1.52.461.5469.02.011 Housing Production,Regular S&W $ 150,768.00 152.461.5469.02.099 Housing.Production,Miscellaneous S&W $ 70,183.00 152.461.5469,02.021 Housing Production,Overtime S&W $ 23,185.97 B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED): This appropriation reflects funding designated in the Office of Housing and Community Development(OHCD)FY 2022-23 operating budget for the Affordable Housing Production•(AHP)Fund. These funds were not encumbered in FY 2022-23 and lapsed to Fund Balance and now the Office of Housing&Community Development is ready to award funding for successful proposals and are requesting to increase the FY 2023-24 appropriation for that purpose. SIGNED: C DATE: \_Department Head P, ii 1