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REPORT OF THE <br /> COMMITTEE ON FINANCE <br /> DATE: April 10, 2018 Re: Comm. No. 853/Bill No. 134 <br /> PLACE: Council Chambers <br /> Hilo, Hawai`i <br /> TIME: 10:49 a.m. <br /> Council Chair and Members <br /> Hawai`i County Council <br /> Hilo, Hawai`i 96720 <br /> Your Committee on Finance, to which was referred Bill No. 134, reports as follows: <br /> Bill No. 134, transmitted by Finance Director Deanna S. Sako, via Communication No. 853 dated March <br /> 21, 2018, amends Ordinance No. 17-39, as amended, the Operating Budget for the County of Hawai`i <br /> for the Fiscal Year ending June 30, 2018. <br /> This bill increases revenues in the Federal—2018 HOME Investment Partnerships Program (HOME) <br /> ($2,375,000) and HOME Grant—Program Income ($50,000) accounts, for a total of$2,425,000; and <br /> appropriates the same to the Kaloko Heights Affordable Housing($1.4 million); Tenant Base Rental <br /> Assistance Program ($900,000); and Office of Housing and Community Development Administration <br /> ($125,000) accounts. Funds would be used towards projects that benefit persons of low and moderate <br /> income throughout Hawai`i Island. <br /> There was no discussion on this measure. <br /> Your Committee on Finance is in accord with the purpose and intent of Bill No. 134, and recommends <br /> its passage on first reading. <br /> • <br /> dmm <br /> AYES NOES ABS EX Respectfully submitted, <br /> CHUNG X <br /> DAVID x COMMITTEE ON FINANCE <br /> EOFF X <br /> KANUHA X <br /> LEE LOY X e� <br /> O'HARA x �.�►- <br /> POINDEXTER x MAILE DAVID, CHAIR <br /> RICHARDS X FC REPORT NO.: 107 <br /> RUGGLES X ADOPTED: APR 2 5 2018 <br />