STAND. COM. REP. NO.  1093

 

Honolulu, Hawaii

                , 2017

 

RE:   H.B. No. 100

      H.D. 1

 

 

 

 

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Ninth State Legislature

Regular Session of 2017

State of Hawaii

 

Sir:

 

     Your Committee on Finance, to which was referred H.B. No. 100 entitled:

 

"A BILL FOR AN ACT RELATING TO THE STATE BUDGET,"

 

begs leave to report as follows:

 

     The purpose of this measure is to appropriate funds for the operating and capital improvement costs of the Executive Branch for fiscal year (FY) 2017-2018 and FY 2018-2019.

 

     The Administration submitted an operating budget that totaled:

 

                              FY 2018          FY 2019

General Funds             $7,377,874,492   $7,528,549,483

All Means of Financing   $14,254,325,043  $14,376,691,501

 

     Your Committee on Finance has amended this budget to appropriate:

 

                              FY 2018          FY 2019

General Funds             $7,086,630,318   $7,320,763,387

All Means of Financing   $13,904,411,388   $14,172,693,416

 

 

The Administration submitted a capital improvement budget that totaled:

 

                              FY 2018          FY 2019

General Obligation Bonds  $1,326,649,000     $148,926,000

All Means of Financing    $2,354,270,000     $779,043,000

 

     Your Committee on Finance has amended this budget to appropriate:

 

                              FY 2018          FY 2019

General Obligation Bonds    $784,940,000     $304,979,000

All Means of Financing    $1,997,847,000     $926,582,000

 

     As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 100, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 100, H.D. 1, and be placed on the calendar for Third Reading.

 

Respectfully submitted on behalf of the members of the Committee on Finance,

 

 

 

 

____________________________

SYLVIA LUKE, Chair