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HomeMy WebLinkAboutREP FC 081 2025-09-02 2024-2026REPORT OF THE COMMITTEE ON FINANCE DATE: September 2, 2025 PLACE: Council Chambers Hilo, Hawai `i TIME: 1:31 p.m. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Re: Comm. No. 442Bill No. 76 Your Committee on Finance, to which was referred Bill No. 76, reports as follows: Bill No. 76, transmitted by Housing Administrator Kehaulani M. Costa via Communication No. 442, dated August 1, 2025, amends Ordinance No. 25-45, as amended, the Operating Budget for the County of Hawaii for the fiscal year ending June 30, 2026. This bill appropriates revenues in the Hawaii Community Foundation — Financial Empowerment Services (Private) account ($125,000); and appropriates the same to the Hawaii Community Foundation — Financial Empowerment Services — Program account. Funds would be used to provide no -cost financial and homeownership counseling through a certified U.S. Department of Housing and Urban Development counseling service provider. Housing Administrator Kehaulani M. Costa provided background on this matter and a detailed overview of the grant and its benefits to the community. Committee Member Ashley L. Kierkiewicz expressed her gratitude for the funding and the program. Your Committee on Finance is in accord with the purpose and intent of Bill No. 76, and recommends its passage on first reading. 1kh 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 MATT-KLEINFELDER, CHAIR FC REPORT NO.: 81 ADOPTED: SEP 1 7 2025