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HomeMy WebLinkAboutREP FC 055 2025-05-20 2024-2026REPORT OF THE COMMITTEE ON FINANCE DATE: May 20, 2025 PLACE: Council Chambers Kailua-Kona, Hawaii TIME: 9:00 a.m. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Re: Comm. No. 292/Bill No. 55 Your Committee on Finance, to which was referred Bill No. 55, reports as follows: Bill No. 55, transmitted by Finance Director Diance Nakagawa via Communication No. 292, dated May 2, 2025, amends Ordinance No. 24-32, as aemnded, the Operating Budget for the County of Hawaii for the fiscal year ending June 30, 2025. This bill appropriates revenues in the Federal Grants — HOME -American Rescue Plan Program account ($1,977,568); and appropriates the same to the HOME -American Rescue Plan Projects account ($1,817,225) and HOME -American Rescue Plan Administration account ($160,343), to be used towards the Kuakini Heights Affordable Housing Project. There was no discussion on this matter. Your Committee on Finance is in accord with the purpose and intent of Bill No. 55, and recommends its passage on first reading. ,k% AYES NOES ABS EX GALIMBA X HUSTACE X INABA X KAGIWADA X KANEALI`I-KLEINFELDER X KIERKIEWICZ X KIMBALL X ONISHI X VILLEGAS X Respectfully submitted, COMMITTEE ON FINANCE C-1--- MATT NEALI`I- EINFELDER, CHAIR FC REPORT NO.: 55 ADOPTED: JUN Q 4 2025