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HomeMy WebLinkAboutREP FC 096 2018/03/27 (2016-2018) REPORT OF THE COMMITTEE ON FINANCE DATE: March 27, 2018 Re: Comm. No. 799/Bill No. 121 PLACE: Council Chambers Kailua-Kona, Hawai`i TIME: 2:15 p.m. Council Chair and Members Hawai`i County Council Hilo, Hawai`i 96720 Your Committee on Finance, to which was referred Bill No. 121, reports as follows: Bill No. 121, transmitted by Finance Director Deanna Sako, via Communication No. 799 dated March 19, 2018, Amends Ordinance No. 17-39, as amended, the operating budget for the County of Hawaii for the fiscal year ending June 30, 2018. This bill increases revenues in the Federal Grants—Housing Choice Voucher Program account ($75,000); and appropriates the same to the Voucher Rental Subsidies account, for a total appropriation of$15,075,000. Funds would be used for Housing Assistance Payment subsidies. There was no discussion on this measure. Your Committee on Finance is in accord with the purpose and intent of Bill No. 121, 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 O'HARA X � i POINDEXTER x MAILE DAV. 0, CHAIR RICHARDS X FC REPORT NO.: 96 RUGGLES X ADOPTED: APR 1 1 2018