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REPORT OF THE <br />COMMITTEE ON FINANCE <br />DATE: March 3, 2015 <br />PLACE: Council Chambers <br />Hilo, Hawaii <br />TIME: 9:50 a.m. <br />Council Chair and Members <br />Hawaii County Council <br />Hilo, Hawaii 96720 <br />Re: Comm. No. 136/ Bill No. 27 <br />Your Committee on Finance, to which was referred Bill No. 27, reports as follows: <br />Bill No. 27, transmitted by Finance Director Deanna S. Sako, via Communication No. 136 dated <br />February 12, 2015, amends Ordinance No. 14-81, as amended, the Operating Budget for the County of <br />Hawaii for the fiscal year ending June 30, 2015. <br />Revenue is increased as follows: <br />Account No. <br />Source <br />Fund <br />Amount <br />010.3501.40 <br />RPT Tax Sale Cost & Expense <br />General <br />$200,000 <br />Total <br />$200,000 <br />Appropriation is made as follows: <br />Account No. <br />Function and Activity <br />Fund <br />Amount <br />010.121.5125.40 <br />RPT Tax Sale Cost & Expense <br />General <br />$200,000 <br />Total <br />$200,000 <br />This bill provides for additional funds to the Finance Departments Real Property Tax Division's <br />RPT Tax Sale Cost and Expense accounts, for a third real property tax foreclosure tax sale during <br />the current fiscal year. <br />There was no discussion on this measure. <br />Pursuant to Section 46-7, Hawaii Revised Statutes, County departments must obtain the consent of the <br />Council to enter into agreements with the Federal or State governments or any other public body or <br />bodies respecting action to be taken pursuant to any powers granted by law to furnish, expend, and <br />receive any funds or other assistance in connection with projects being or to be undertaken pursuant to <br />those powers. <br />FC Report No. 10 <br />