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HomeMy WebLinkAboutCOM 0211.000 2024-2026C. Kirno Alameda, Ph.D. Mayor William V. Brilhame Jr. Managing Director County of Hawaii Finance Department 25 Aupuni Street, Suite 2103 • Hilo, Hawaii 96720 (808) 961-8234 • Fax (808) 961-8569 March 28, 2025 Dr. Holeka Goro Inaba, Council Chair and Members of the Hawaii County Council Hawaii County Council 25 Aupuni Street Hilo, Hawaii 96720 Re: Operating Budget Diane Nakagawa Director Malia A. Kekai Deputy Director Enclosed is a bill for an ordinance amending the Operating Budget by appropriating the interest income from federal grants to the Office of Housing and Community Development's various Admin and program accounts. Funding will help to increase the number of households that can be provided with financial assistance and ensure effective operational management of the grants. If there are any questions, please do not hesitate to call Kehaulani Costa or Keiko Mercado of the Office of Housing and Community Development at 961-8379. Diane Nakaga Director of Finance Enc. c: OHCD 4�Al > COMITI. � Hawaii County is an Equal Opportunity Employer and ProvidetRef• To: Ref. Date APR -. 2 02 Office OfHOusingand Community DEPARTMENT Development DATE., STAFF Keh8u|8ni M. Costa /Keiho M. CONTACT: Mercado PHONE The Off ice ofHousing and Community Development (OHCD) is requesting to amend Ordinance 24-32 by appropriating the following: Revenue: |nterest-Oth,Fedemi 152.3601.90 $ 660,0OG.00 Expenditure: Emergency Rent Assist 2COV|D-1S 152.461.5468.86 $GDO,OOQO0 Hawaii Island Lendio,d/TenantMediation Program 152.461.5466'68 $ 10,000.00 Hawaii Island Homeowner Assistance Program-Adnn 152.481.5466.71 $ 50,000.00 The appropriation of $660,000.00 represents interest accrued from grant funds. The accrued interest viUboused towards program funding and administrative expenses, increasing the number of households that can be provided with financial assistance and ensuring effective operationat rnonagern*ntuythe grant funds. SIGNED: V-W Department Head