Civil Beat Topics

Council on Revenues

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.

Increase In Hawaii Revenue Forecast ‘Doesn’t Really Amount To That Much’ Chad Blair/Ciivl Beat

Increase In Hawaii Revenue Forecast ‘Doesn’t Really Amount To That Much’

The expected increase amounts to about $40 million more for the state budget, not enough to assuage the concerns of the Legislature's budget chairs.
More Money for 2016, But Hawaii’s Fiscal Forecast Less Certain Later Cory Lum/Civil Beat

More Money for 2016, But Hawaii’s Fiscal Forecast Less Certain Later

The Council on Revenues upgraded its general-fund growth projections for the current fiscal year, but predicts the fund will be less than anticipated in the next five years.
Hawaii Lawmakers Cautious Despite Rosier Economic Outlook Cory Lum/Civil Beat

Hawaii Lawmakers Cautious Despite Rosier Economic Outlook

Revenue projections are up almost $200 million over the next two years, but the state is still spending more than it takes in.
Tax Collections Lower Than Expected, But Governor Remains Positive PF Bentley/Civil Beat

Tax Collections Lower Than Expected, But Governor Remains Positive

Hawaii Council on Revenues forecasts economic growth for next five years.
State Panel Projects No Revenue Growth for Hawaii in 2014

State Panel Projects No Revenue Growth for Hawaii in 2014

Council on Revenues downgrades forecast, leaving lawmakers with almost $1 billion less than expected.
With Economy Improving, Council on Revenues Upgrades Forecast

With Economy Improving, Council on Revenues Upgrades Forecast

Higher projection creates cushion for Hawaii lawmakers finalizing budget plan.
Abercrombie’s Bigger Budget Still Doable With Lowered Revenue Forecast

Abercrombie’s Bigger Budget Still Doable With Lowered Revenue Forecast

Budget director says still no need for new taxes for 2012-2013 budget years.