HomeMy WebLinkAboutCOM 0113.000 2018-2020 Harry Kim oMty-°•`"�y� Deanna S. Sako
Mayor yi;' `•. Director
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County of Hawaii
Finance Department
25 Aupuni Street,Suite 2103 • Hilo,Hawai`i 96720
(808)961-8234 • Fax(808)961-8569
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January 31, 2019
Aaron Chung, Council Chair and w -<�..
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Members of the Hawai`i County Council
Hawai`i County Council >71
25 Aupuni Street
Hi16, Hawai`i 96720 -- '
Re: Operating Budget
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The Cities for Financial Empowerment(CFE)Fund, a private charitable organization, is
providing $20,000 to the County of Hawai`i to support the development of a plan to
determine the feasibility of establishing a Financial Empowerment Center (FEC)using
the FEC model of free,professional, one-on-one financial counseling/coaching to
residents of Hawai`i Island.
Enclosed is a resolution accepting this grant award. Also enclosed is a bill for an
ordinance amending the Operating Budget by appropriating this $20,000 grant.
The Department of Research and Development is requesting that this resolution and bill
be waived from the Finance Committee and be placed on the February 20, 2019 Council
agenda in order to expedite the receipt of these funds. If there are any questions, please
do not hesitate to call Sharon Hirota of the Office of Management at 961-8019.
Deanna S. Sako
Director of Finance
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Hawai'i County is an Equal Opportunity Employer and Provideref. Date
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Form #: B-52
7/18/91
DEPARTMENT OF FINANCE
REQUEST FOR COUNCIL ACTION
DEPARTMENT: Research and Development DATE: January 24, 2019
STAFF CONTACT: Sharon L. Hirota PHONE: 961-8019
A. REQUEST:
Requesting for a bill for an ordinance to appropriate $ 20,000.00 to fund the Ho'owaiwai Financial
Empowerment Center Pilot for Hawaii Island (Pilot). This planning grant fund will enable the County of
Hawai'i to work on developing a plan to determine feasibility of establishing a Financial Empowerment
Center (FEC) model on Hawai'i Island.
Please also submit a resolution to authorize the Mayor to execute and submit all agreements and other
related documents to the CFE Fund for the Pilot.
Request to waive Committee and for request to be placed on the February 20, 2019, Council meeting
agenda.
B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED):
On August 20, 2018, the County of Hawai'i (County) submitted a grant application to the Cities for Financial
Empowerment (CFE) Fund as part of its FEC Replication Program's Request for Proposal.
The CFE Fund, with generous support from the Bloomberg Philanthropies, Wells Fargo, the JPB Foundation
was seeking proposals from local governments looking to plan how to replicate their Financial Empowerment
Center (FEC) model of free, professional, one-on-one financial counseling/coaching in cities and counties
throughout the United States.
In November 2018, the County was informed that its proposed project was selected for funding. In addition
to the $20,000 grant award, the County will received technical assistance for up to 12 months to design and
prepare for a launch of a FEC. The CFE Fund will invite successful planning cohorts grantees to apply for
an implementation matching grant fund at the conclusion of the planning period.
The ordinance sets up the proper accounts to receive and expend the grant fund.
Y:
SIGNED: DATE: I/ 1 1i
Dep 'tment Head
GRANT SUMMARY
(Supplement to B-52, Request for Council Action)
Type of Grant Appropriation being requested: (New or an additional appropriation)
® New(for this fiscal year period). OR ❑ Additional appropriation (to an existing grant);
Is a draft agreement attached? Has the original grant notification been transmitted to
n Yes ❑No Council? ❑ Yes n No
Name of Grant Program: Ho'owaiwai Financial Empowerment Center for Hawaii Island
Grantor: Cities for Financial
County Grantee Department or Agency Research and Development
County Grantee Contact Person: Sharon L. Hirota Phone Number: 961-8019
Amount of Grant: $ 20,000.00
Grant Period (Commencement& Completion): January 1, 2019 - September 30, 2019
Purpose of Grant: The planning grant will provide funding to help the County of Hawaii in
developing a plan to launch a public financial counseling program using the Financial
Empowerment Center model of providing free, one-on-one professional financial
counseling and other related services and resources.
Funding Source: nFederal ❑Federal, passed-through state ❑State Private
*If Federal, passed-through state, provide Federal Agency:
County Match required?: n Yes N No
If yes, Matching Amount? Budgeted in account# :
In-kind? Explain:
Explanation:
County's personnel requirements: Amount of new position(s)?
Qty: Permanent: ❑ Temporary: ❑, Duration:
Full-time: ❑ Part-time: ❑, Time Element:
Qty: Contractual: ❑ Explain:
Explanation:
Additional Comments about Grant:
B-52 Grant Summary Form
'dr/OP kg, AARON S.Y. CHUNG
MAILE MEDEIROS DAVID KAREN EOFF
Chairperson /// � � MATT KANEALI`I-KLEINFELDER
p :* ASHLEY L.KIERKIEWICZ
HERBERT M."TIM"RICHARDS,III SUSAN L.K. LEE LOY
Vice Chair 'r, s :; NA M;:'•P.� VALERIE T.POINDEXTER
,r�,oF-r+P•rs REBECCA VILLEGAS
HAWAI`I COUNTY COUNCIL
County of Hawai`i
Hawai`i County Building
25 Aupuni Street
Hilo,Hawai`i 96720
January 31, 2019
Aaron S.Y. Chung, Council Chair Hawai`i County Council
25 Aupuni Street
Hilo, Hawai`i 96720
RE: Resolution No. 60-19 : RESOLUTION AUTHORIZING THE
ACCEPTANCE OF A GRANT AWARD OF $20,000 FROM THE CITIES FOR
FINANCIAL EMPOWERMENT FUND TO SUPPORT THE DEVELOPMENT OF A
PLAN TO STUDY THE FEASIBILITY OF ESTABLISHING A FINANCIAL
EMPOWERMENT CENTER
Bill No. 26 : AN ORDINANCE TO AMEND ORDINANCE NO.
18-68, AS AMENDED, THE OPERATING BUDGET FOR THE COUNTY OF
HAWAII FOR THE FISCAL YEAR ENDING JUNE 30, 2019.
Pursuant to Section 2(g) of Rule 4 of the Rules of Procedure of the Council of the County of
Hawai`i,this written request is submitted with my approval that the above-referenced matter be
waived from the Committee on Finance to the full Council for immediate action. In reviewing
this matter, timely approval is crucial. It is therefore advantageous that approval is granted and
the matter be placed onto the next Council agenda for review. However, in the event this request
is denied, for whatever reason, I understand the matter shall be referred to the Committee on
Finance for placement on its future agenda.
Sincere
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Maile David, Chairperson
1► Committee on Finance
A ro ate/Waive to Council: Disapproved/Date/Refer to FC:
IN Aaron S.Y. Chung, Council Clair Aaron S.Y. Chung, Council Chair
Hawai`i County Council 71-4414 Hawai`i County Council
Hawai`i County is an Equal Opportunity Provider and Employer