Civil Beat Topics

Council on Revenues

Experts: State Budget Hole Much Deeper Than Predicted Cory Lum/Civil Beat

Experts: State Budget Hole Much Deeper Than Predicted

The state panel of economic experts now says Hawaii will be short by hundreds of millions of dollars more than expected.

Coronavirus Forecast To Take $300 Million Bite Out Of Hawaii Tax Revenues Cory Lum/Civil Beat

Coronavirus Forecast To Take $300 Million Bite Out Of Hawaii Tax Revenues

The new projections by the state Council on Revenues mean the state has less money to spend in the years ahead.

State Tax Revenues Steady, For Now Cory Lum/Civil Beat

State Tax Revenues Steady, For Now

Hawaii lawmakers don’t anticipate making many budget changes in light of the latest forecast by the Council on Revenues.

Get Ready For An Economic Slowdown, State Economist Says Blaze Lovell/CivilBeat

Get Ready For An Economic Slowdown, State Economist Says

It’s not a recession yet but government should consider picking up some of the private sector’s slack as the construction industry wanes.

New Revenue Forecast Means $50 Million More For State Budget Nathan Eagle/Civil Beat

New Revenue Forecast Means $50 Million More For State Budget

The Council on Revenues projects 5.3 percent general fund growth for the current fiscal year and 4.5 percent next year.

Legislature Gets An Extra $13M To Spend This Session Nathan Eagle/Civil Beat

Legislature Gets An Extra $13M To Spend This Session

The Council on Revenues slightly upgraded its growth projection for this fiscal year to 4.5 percent.
State Tax Collections Still Predicted To Grow Slightly Nathan Eagle/Civil Beat

State Tax Collections Still Predicted To Grow Slightly

But the state’s top financial advisers decided not to try to predict what the Legislature might do with rail.

State Revenue Forecast Drops By $250 Million Cory Lum/Civil Beat

State Revenue Forecast Drops By $250 Million

The Hawaii Council on Revenues lowered its growth forecast for the general fund to 2.5 percent this fiscal year.

Cinch Up The Belt: State Budget Forecast Drops By $155 Million Nathan Eagle/Civil Beat

Cinch Up The Belt: State Budget Forecast Drops By $155 Million

The Council on Revenues lowered its growth projections after a debate that included speculation about Trump’s effects on tourism.