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HomeMy WebLinkAboutREP FC 388 05/06/1991 REPORT OF THE COMMITTEE ON FINANCE Date: May 6, 1991 Re: Comm. 2496 Place: Councilroom Time: 10 : 00 a .m. Chairman and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Bill 426, reports as follows : Bill 426 proposes to amend Ordinance 90-74 , the Operating Budget for Fiscal Year 1990-91, by increasing revenues in Housing Fund Account No . 3301 . 54 , Housing Voucher Program, by $16, 870 . 00, and appropriating same to the following accounts : Account No. Function & Activity Amount 150-461-5462 .26-112 Housing Voucher Program-Mileage $ 420 . 00 150-461-5462 . 26-371 Housing Subsidies 9 ,200 . 00 150-801-5801 . 08-341 Transfer to Other Funds 7,250 . 00 Communication No. 2496, dated April 25, 1991 from the Finance Director, transmits for Council consideration Bill No . 426 to appropriate $16 , 870 . 00 which the County Housing Agency expects to receive as it recently received an additional 75 Special Disaster Vouchers under the Housing Voucher Program. Your Committee acknowledges that Communication No . 2496 also transmits Resolution No . 320-91, which, if adopted, will amend the Salary Ordinance by creating an additional Housing Aide II (SR-11) position at the Office of Housing and Community Development to process the additional 75 disaster vouchers received. Your Committee was informed that the disaster vouchers are directly related to destruction from the Kalapana lava flow. Furthermore, we were told that the $7, 250 . 00 appropriated to Account No . 150-801-5801 . 08-341, Transfer to Other Funds, would be used in part to pay for the newly created position. Your Committee on Finance is in accord with the intent and purpose el-e-e- of Bill 426 and recommend that it pass first reading . C110P , HELENE H. HALE, R , ROBERT H. KUAKANE, VICE CHR. BRIAN . DE LIB ,', B' R 442141-41 il ,. ` A TAKASHI DO NGO, M BER M � F ii*_. (ABSENT & EXCUSED) 'aa��� HARRY S . RUDDLE, MEMBER SPEN ER K. CHUTTE, MEMBER FC REPORT No, 388 POL ADOPTED: MAY 15 1991