RES26-222 Wastewater junior revenue bonds, Series 2026
At a glance
- What: Resolution 26-222 authorizes the Director of Budget and Fiscal Services to issue and sell up to $210 million in junior wastewater system revenue bonds, Series 2026.
- Where it stands: Reported out of the Budget Committee for adoption on Oct 20, 2026 (committee report 282(26)), 4-0: aye Kiaʻāina, Nishimoto, Okimoto, Tulba; Cordero and Waters absent. The official written summary logs the item from 9:08 to 9:11 a.m. with no testimony (related communication D-611(26)). Next step is the full Council.
- Key points: Environmental Services plans variable-rate bonds because of market conditions and estimated about $5 million in debt service savings this year if conditions hold. No testimony was offered. Companion measure: RES26-225 Wastewater senior revenue bonds, Series 2026.
Sources
- Committee on Budget written summary, October 20, 2026 (not formal minutes): https://hnldoc.ehawaii.gov/hnldoc/document-download?id=29424
- 2026-10-20 - Budget
Discussion time
About 3 minutes across 1 meeting (from transcript timestamps; approximate).
| Meeting | Minutes |
|---|---|
| 2026-10-20 - Budget | 3 |
Log
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2026-10-20 - 2026-10-20 - Budget (official written summary): vote recorded 4-0 as above.
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2026-10-20 - 2026-10-20 - Budget: Deputy Director Brick supported it; Kiaʻāina backed it (Kailua plant and Heʻeia pump station affected). Reported out for adoption.