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HomeMy WebLinkAboutREP FC 091 2018/03/13 (2016-2018) REPORT OF THE COMMITTEE ON FINANCE DATE: March 13, 2018 Re: Comm. No. 781/Bill No. 114 PLACE: Council Chambers Hilo, Hawai`i TIME: 9:03 a.m. Council Chair and Members Hawai`i County Council Hilo, Hawai`i 96720 Your Committee on Finance, to which was referred Bill No. 114, reports as follows: Bill No. 114, transmitted by Finance Director Deanna Sako, via Communication No. 781 dated February 23, 2018, Amends Ordinance No. 17-39, as amended, the operating budget for the County of Hawai`i for the fiscal year ending June 30, 2018. This bill increases revenues in the Federal Grants —Housing Choice Voucher Program account ($2.5 million); and appropriates the same to the Voucher Rental Subsidies account for a total appropriation of$17.5 million. Funds would be used for payment of rental assistance for eligible participants. There was no discussion on this measure. Your Committee on Finance is in accord with the purpose and intent of Bill No. 114, and recommends its passage on first reading. dmm AYES NOES ABS EX Respectfully submitted, CHUNG X DAVID x COMMITTEE ON FINANCE EOFF X KANUHA X LEE LOY X VW - /*•- " O'HARA X � • 1 POINDEXTER x MAILE DAVID, RICHARDS X FC REPORT NO.: 91 RUGGLES x ADOPTED: MAR 2 8 2018