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HomeMy WebLinkAboutREP FC 010 2015/03/03 (2014-2016)REPORT OF THE COMMITTEE ON FINANCE DATE: March 3, 2015 PLACE: Council Chambers Hilo, Hawaii TIME: 9:50 a.m. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Re: Comm. No. 136/ Bill No. 27 Your Committee on Finance, to which was referred Bill No. 27, reports as follows: Bill No. 27, transmitted by Finance Director Deanna S. Sako, via Communication No. 136 dated February 12, 2015, amends Ordinance No. 14-81, as amended, the Operating Budget for the County of Hawaii for the fiscal year ending June 30, 2015. Revenue is increased as follows: Account No. Source Fund Amount 010.3501.40 RPT Tax Sale Cost & Expense General $200,000 Total $200,000 Appropriation is made as follows: Account No. Function and Activity Fund Amount 010.121.5125.40 RPT Tax Sale Cost & Expense General $200,000 Total $200,000 This bill provides for additional funds to the Finance Departments Real Property Tax Division's RPT Tax Sale Cost and Expense accounts, for a third real property tax foreclosure tax sale during the current fiscal year. There was no discussion on this measure. Pursuant to Section 46-7, Hawaii Revised Statutes, County departments must obtain the consent of the Council to enter into agreements with the Federal or State governments or any other public body or bodies respecting action to be taken pursuant to any powers granted by law to furnish, expend, and receive any funds or other assistance in connection with projects being or to be undertaken pursuant to those powers. FC Report No. 10 FC -10 Page 2 March 3, 2015 Your Committee on Finance is in accord with the purpose and intent of Bill No. 27, and recommends its passage on first reading. wb Respectfully submitted, COMMITTEE ON FINANCE C KAREN EOFF, CH IR FC REPORT NO.: 10 ADOPTED: MAR 18 2015 AYES NOES ABS EX CHUNG X DAVID X EOFF X ILAGAN X KANUHA X ONISHI X PALEKA X POINDEXTER X W ILLE X Respectfully submitted, COMMITTEE ON FINANCE C KAREN EOFF, CH IR FC REPORT NO.: 10 ADOPTED: MAR 18 2015