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HomeMy WebLinkAboutREP FC 152 2024/04/09 2022-2024 REPORT OF THE COMMITTEE ON FINANCE DATE: April 9, 2024 Re: Comm. No. 755/Bill No. 136 PLACE: Council Chambers Hilo, Hawaii TIME: 9:01 a.m. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Bill No. 136, reports as follows: Bill No. 136, from Mayor Mitchell D. Roth, dated March 1, 2024, transmitting for consideration the proposed Operating Budget for the County of Hawaii for the Fiscal Year ending June 30, 2025. This balanced budget includes estimated revenues and appropriations of$888,082,546; which represents a proposed 6.6 percent increase compared to the 2023-2024 Fiscal Year Operating Budget. This bill establishes a proposed Operating Budget for the County of Hawaii for the Fiscal Year July 1, 2024, to June 30, 2025. Part I, Volume I, of this bill provides the Mayor's budget message, which includes summaries of estimated revenues and expenditures for FY 2024-25, by providing specific tables and sections entitled "Operating Budget by Fund," "Revenues by Source," "Revenue Changes," "Expenditures by Function," and "Expenditure Changes." This Volume further provides a"Summary of Revenues and Appropriations by Funds," "Position Changes," "Revenues and Expenditures," and Parts A through N, which show estimated revenues and expenditures for the General Fund and each Special Fund. Part I, Volume II, of this bill provides a summary of each department and special fund that includes mission statements, goals, funding sources and position counts, program descriptions and objectives, highlights, measures, and expenditures. Communication No. 755.1, from Finance Director Diane Nakagawa dated March 1, 2024, transmitted a booklet containing reports entitled "Departmental & Agencies' Six-Month Progress Report on Program Objectives for FY 2023-24," and "Final Status Report on Program Objectives for FY 2022-23." This report shows program accomplishments for the first six months of the current fiscal year and for the previous fiscal year. On May 14, 2024, pursuant to Section 10-4 of the Hawaii County Charter, the Council will conduct a public hearing on the proposed Operating and Capital Budgets at the Hawaii County Building in Hilo and provide videoconferencing at the West Hawaii Civic Center in Kailua-Kona. FC Report No. 152 FC-152 Page 2 April 9,2024 On April 9, 2024, Mayor Mitchell D. Roth presented this proposed budget on the first day of the Departmental Budget and Program Reviews. On April 9, 10, and 11, 2024, your Committee reviewed the proposed Operating and Capital Budgets during the Departmental Budget and Program Reviews,then moved to Council with a positive recommendation to be heard on May 16, 2024. County Clerk Jon Henricks confirmed that pursuant to Section 10-2(a)(5) of the Hawai`i County Charter,the Mayor will be submitting an amended budget on May 3rd before proceeding with amendments. Amendments, if any, may be transmitted for consideration at or prior to first reading on the May 16, 2024, Special Meeting of the Council. Your Committee on Finance is in accord with the purpose and intent of Bill No. 136, and recommends its passage on first reading. llch AYES NOES ABS EX Respectfully submitted, EVANS X GALIMBA X COMMITTEE ON INANCE INABA X KAGIWADA X KANEALI`I-KLEINFELDER X KIERKIEWICZ x MATT KAN I`I- INFELDER, KIMBALL X CHAIR LEE LOY X FC REPORT NO.: 152 VILLEGAS X ADOPTED: MAY 1 6 2024