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HomeMy WebLinkAboutREP FC 022 2015/04/14 (2014-2016) REPORT OF THE COMMITTEE ON FINANCE DATE: April 14, 2015 Re: Comm. No. 238/Bill No. 42 PLACE: Council Chambers Hilo, Hawaii TIME: 1:35 p.m. Council Chair and Members Hawai`i County Council Hilo, Hawai`i 96720 Your Committee on Finance, to which was referred Bill No. 42, reports as follows: Bill No. 42, transmitted by Finance Director Deanna S. Sako, via Communication No. 238 dated March 25, 2015, amends Ordinance No. 14-81, as amended, the Operating Budget for the County of Hawai`i for fiscal year ending June 30, 2015. This bill reflects anticipated funding from the United States Department of Housing and Urban Development (HUD), and program income received or anticipated to be received by the Office of Housing and Community Development (OHCD). Revenue appropriations are made as follows: Account No. Source Fund Amount 010.3301.91 Federal—2015 HOME Program General $2,852,059.00 010.3607.09 HOME Grant—Program Income General 69,941.21 Total $2,922,000.21 The above specified amounts are appropriated to the fund and expenditure accounts as follows: Account No. Source Fund Amount 010.951.5951.78 Tenant Based Rental Assistance General $ 666,178.21 010.951.5951.79 Hale Ulu Hoi I and II Apartments 400,000.00 010.951.5951.80 Mohouli Heights Senior Neighborhood 2 669,287.00 010.951.5951.81 Habitat for Humanity Affordable Workforce Housing " 600,000.00 010.951.5951.82 Kumakua Self-Help Housing, Increment 2B " 160,000.00 010.951.5951.83 Micro Housing First Project 276,427.00 010.951.5951.84 OHCD Administration GG 150,108.00 Total $2,922,000.21 Housing Administrator Susan Akiyama and Housing and Community Development Specialists Sharon Hirota and Noel Fujimoto appeared before Your Committee and commented regarding the various projects. FC Report No. 22 FC-22 Page 2 April 14, 2015 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. Your Committee on Finance is in accord with the purpose and intent of Bill No. 42, and recommends its passage on first reading. wb AYES NOES ABS EX Respectfully submitted, CHUNG X DAVID x COMMITTEE ON FINANCE EOFF X ILAGAN X KANUHA X ONISHI X ,t t (- PALEKA x KAREN EOFF, C AIR POINDEXTER X FC REPORT NO.: 22 WILLE x ADOPTED: MAY 0 6 2015