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HomeMy WebLinkAboutREP FC 040 2025-04-15 2024-2026 REPORT OF THE COMMITTEE ON FINANCE DATE: April 15, 2025 Re: Comm. No. 210/Bill No. 41 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. 41,reports as follows: Bill No. 41, transmitted by Finance Director Diane Nakagawa via Communication No. 210, dated March 28, 2025, amends Ordinance No. 24-32, as amended, the operating budget for the County of Hawaii for the fiscal year ending June 30, 2025. This bill decreases the appropriation in the Transfer to Housing Fund account($451,221); and appropriates the same to the HOME Program Income Repayment account. Office of Housing and Community Development Division Manager Royce Shiroma was present in Chambers. Committee Member Ashley L. Kierkiewicz recalled a similar measure and asked if this is a similar transfer. Mr. Shiroma replied that it was, but this measure is being put forward to place the funds in the appropriate account. Ms. Kierkiewicz asked if this is purely a housekeeping measure. Mr. Shiroma confirmed. Your Committee on Finance is in accord with the purpose and intent of Bill No. 41, and recommends its passage on first reading. tug AYES NOES ABS EX Respectfully submitted, GALIMBA X HUSTACE x COMMITTEE ON FINANCE INABA X KAGIWADA X KANEALI`I-KLEINFELDER X KIERKIEWICZ x MA ► KANEA I`I-KLEINFELDER, KIMBALL X CHA ' ONISHI X - " PORT NO.: 40 VILLEGAS X ADOPTED: MAY 0 7 2025