Budget, Finance, and Economic Development Committee (2025-2027) - 2025-12-16
Meeting Intelligence Preview
Meeting Summary
The Budget, Finance, and Economic Development Committee approved two routine items: a $220,000 internal fund transfer within the Department of Public Works to cover vehicle repairs and signal equipment replacements, and authorization for a $22.4 million state loan (with 100% principal forgiveness) for the Lahaina Wastewater Reclamation Facility sludge dewatering upgrades. Both items passed 7-0 with one member excused.
Key Decisions (2)
Fund Transfer for Public Works Vehicle Repairs and Signal Equipment
Resolution 25-221 authorizing transfer of $220,000 in unencumbered appropriation balances within Department of Public Works: $145,000 from roads, bridge, and drainage maintenance program (Highway Fund Category A) to traffic management program (Highway Fund Category B), and $75,000 from traffic management program Category A to Category B. Funds will cover unanticipated vehicle repair costs from accidents and end-of-life signal equipment replacements. Savings came from nine vacant positions (seven from road bridge drainage maintenance, two from traffic signs and markings).
Lahaina Wastewater Reclamation Facility Sludge Dewatering Upgrades Loan Authorization
Bills 177-2025 and 178-2025 authorizing the mayor to enter into an intergovernmental agreement for a $22,409,000 loan from the State Water Pollution Control Revolving Fund to finance the Lahaina Wastewater Reclamation Facility returned activated sludge and dewatering upgrades project. The loan is eligible for 100% principal forgiveness. Project involves replacing aging centrifuges and addressing concrete damage at the facility. Contract expected to be executed in January with 18-24 month construction timeline.
Development Activity (1)
Lahaina Wastewater Reclamation Facility Sludge Dewatering Upgrades
$22.4 million project to upgrade dewatering portion of treatment plant including replacement of aging centrifuges and concrete repairs. Project duration estimated at 18-24 months with notice to proceed expected January 2025.
Market Signals (2)
Infrastructure
Maui County is investing significantly in wastewater infrastructure upgrades in Lahaina, with $22.4 million in state funding secured for facility improvements.
Infrastructure
County experiencing staffing challenges with nine vacant positions in public works road maintenance and traffic management programs, affecting operational capacity.