The committee found $8 million on the revenue side of the budget ledger by using a short-term loan to refinance its debt for capital improvements.

That $8 million would help ease concerns raised by Council Chairman Gary Okino and the Harris administration about budget chairwoman Ann Kobayashi's plan to balance the budget. Kobayashi wanted to pencil-in $8 million in revenue from the expected sale of the Block J Municipal Lot on the corner of Beretania and Alakea streets.

Okino and Harris said that money had already been factored into the budget and that Kobayashi's plan amounted to "double counting."

Now, the council is expected to pass the budget when it meets June 4.