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HomeMy WebLinkAboutREP FC 046 02/06/2007 2006-2008 REPORT OF THE COMMITTEE ON FINANCE DATE: February 6, 2007 Re: Comm. No. 131Bi11 No. 40 PLACE: Council Chambers TIME: 2:15 p.m. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Bill No. 40, reports as follows: Bill No. 40, transmitted by Director of Finance William Takaba, via Communication No. 131, dated January 24, 2007, amends Ordinance No. 06-8Q, as amended, the Capital Budget, ending June 30, 2007, by adding the following project: FINANCE: Earthquake Damages -County Share $5,000,000 Elementary School Transfer from General Fund $5,000,000 Pursuant to Section 10-6(d), Hawai`i County Charter, the Council may amend the Capital Budget for that year with atwo-thirds vote. Your Committee on Finance is in accord with the purpose and intent of Bill No. 40 and recommends it pass first reading. la Hues noes na~E ex Respectfully submitted, FORD X RIGA X COMMITTEE ON FINANCE HOFFMANN X IKEDA X JACOBSON X NAEOLE X PILAGO x DOMINIC YAGO , C YAGONG X FC REP 46 YOSHIMOTO X ADOPTED: MAR~~