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HomeMy WebLinkAboutREP FC 161 2024/04/30 2022-2024 REPORT OF THE COMMITTEE ON FINANCE DATE: April 30, 2024 Re: Comm. No. 842/Bill No. 157 PLACE: Council Chambers Kailua-Kona, Hawai`i TIME: 1:00 p.m. Council Chair and Members Hawai`i County Council Hilo, Hawai`i 96720 Your Committee on Finance,to which was referred Bill No. 157, reports as follows: Bill No. 157,transmitted by Finance Director Diane Nakagawa,via Communication No. 842 dated April 12, 2024, amends Ordinance No. 23-50, as amended,the Operating Budget for the County of Hawai`i for the fiscal year ending June 30, 2024. This bill appropriates revenues in the Federal Grants—National Coastal Resilience Fund account ($2,000,000); and appropriates the same to the National Coastal Resilience Fund account,to be used by the Department of Research and Development to complete a Community-Based Hilo Resilience and Watershed Management Plan. Committee Member Jenn Kagiwada thanked the Department of Research and Development for acquiring these funds and asked if Research and Development Director Douglass Adams had any comments. Mr. Adams thanked his staff for their hard work. Committee Chair Matt Kaneali`i-Kleinfelder asked Mr. Adams how he planned to use the funds and to provide a little background. Mr. Adams provided a detailed overview of this project's objectives. Mr. Kaneali`i-Kleinfelder asked if these funds could be leveraged with other funding sources for more significant projects. Mr. Adams said that's what he plans to do. Your Committee on Finance is in accord with the purpose and intent of Bill No. 157, and recommends its passage on first reading. lch _ AYES NOES ABS EX Respectfully submitted, EVANS X GALIMBA x COMMITTEE O FINANCE INABA X Akuji KAGIWADA X KANEALI`I-KLEINFELDER X KIERKIEWICZ x MATT ALI`I EINFELDER, KIMBALL X CHAIR LEE LOY X FC REPORT NO.: 161 VILLEGAS X ADOPTED: MAY 1 5 2024