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HomeMy WebLinkAboutREP FC 093 2025-10-08 2024-2026REPORT OF THE COMMITTEE ON FINANCE DATE: October 8, 2025 PLACE: Council Chambers Hilo, Hawaii TIME: 10:00 a.m. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Re: Comm. No. 540Bill No. 92 Your Committee on Finance, to which was referred Bill No. 92, reports as follows: Bill No. 92, transmitted by Public Works Civil Engineer Alexander Kalawe via Communication No. 540, dated September 23, 2025, amends Ordinance No. 25-46, as amended, relating to public improvements and financing thereof for the fiscal year July 1, 2025, to June 30, 2026. This bill increases the Public Works Mohouli Street Rehabilitation Project ($635,000) and the Mohouli Street Rehabilitation — Federal Project ($2,550,000) to the Capital Budget. Funds for these projects shall be provided from General Obligation Bonds, Capital Projects Fund — Fund Balance and/or other Sources ($635,000) and Federal Grants Receivable ($2,550,000). There was no discussion on this matter. Your Committee on Finance is in accord with the purpose and intent of Bill No. 92, and recommends its passage on first reading. Ikh 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, MAT'K CHAIR ON FINANCE FC REPORT NO.: 93 ADOPTED: OCT-2 2 2025