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HomeMy WebLinkAboutREP FC 161 2026-07-22 2024-2026REPORT OF THE COMMITTEE ON FINANCE i DATE: July 22, 2026 PLACE: Council Chambers Kailua-Kona, Hawaii TIME: 10:23 a.m. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Re: Comm. No. 961/Bill No. 174 Your Committee on Finance, to which was referred Bill No. 174, reports as follows: Bill No. 174, transmitted by Research and Development Deputy Director Dennis Lin via Communication No. 961, dated July 6, 2026, amends Ordinance No. 26-44, the Operating Budget of the County of Hawaii for the fiscal year ending June 30, 2027. This bill appropriates revenues in the revenues in the State Grants — Kona Low Small Business Recovery Grant account ($500,000) and appropriates the same to the Kona Low Small Business Recovery Grant Program account. Funds will be used to support one-time relief to eligible Hawaii Island small businesses that sustained material and economic or physical damage from the Kona Low Storm. There was no discussion on this matter. Your Committee on Finance is in accord with the purpose and intent of Bill No. 174, and recommends its passage on first reading. 1ki, 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 -KLEINFELDER, 5C REPORT NO.: 161 ADOPTED: AUG O 5 2026