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HomeMy WebLinkAboutREP FC 101 2023/10/17 2022-2024REPORT OF THE COMMITTEE ON FINANCE DATE: October 17, 2023 PLACE: Council Chambers Kailua-Kona, Hawaii TIME: 10:50 a.m. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Re: Comm. No. 527/Bill No. 93 Your Committee on Finance, to which was referred Bill No. 93, reports as follows: Bill No. 93, transmitted by Finance Director Deanna S. Sako via Communication No. 527 dated September 29, 2023, amends Ordinance No. 23-51, as amended, relating to public improvements and financing thereof for the fiscal year July 1, 2023 to June 30, 2024. This bill adds the Public Works Waiakea-Palai Streams Flood Risk Management — County project ($7,596,700) and the Waiakea-Palai Streams Flood Risk Management — Federal Project ($8,743,300) to the Capital Budget. Funds for this project shall be provided from General Obligation Bonds, Capital Projects Fund — Fund Balance and/or other Sources ($7,596,700) and Federal Grants Receivable ($8,743,300), to construct two flood control detention basins. There was no discussion on this meaure. Your Committee on Finance is in accord with the purpose and intent of Bill No. 93, and recommends its passage on first reading. Ikh Respectfully submitted, COMMITTEE ON FINANCE lIJ * 0 %"kkb FC REPORT NO.: 101 ADOPTED: NOV 0 1 2023 AYES NOES ABS EX EVANS X GALIMBA X INABA X KAGIWADA X KANEALI°I-KLEINFELDER X KIERKIEWICZ X KIMBALL X LEE LOY X VILLEGAS X Respectfully submitted, COMMITTEE ON FINANCE lIJ * 0 %"kkb FC REPORT NO.: 101 ADOPTED: NOV 0 1 2023