Civil Beat Topics

Council on Revenues

Council On Revenues Downgrades Hawaii Forecast

Council On Revenues Downgrades Hawaii Forecast

UPDATED Some council members think the new 11 percent revenue growth projection is still too optimistic.

Can Legalized Gaming Fill Hawaii’s Budget Hole?

Gaming is not a tax, but it has tax implications: it will require additional public programs.
Hawaii Sees ‘Optimistic Financial Picture’ Ahead

Hawaii Sees ‘Optimistic Financial Picture’ Ahead

Deputy budget chief cites tax revenue growth, proceeds from billion-dollar bond sale.
New Tax Laws Boost Hawaii Revenue Forecast to 14.5%

New Tax Laws Boost Hawaii Revenue Forecast to 14.5%

Hawaii Council on Revenues upgrades its revenue forecast for the state's general fund.

Hawaii Tax Collections Could Best Forecast

Last year's delayed tax refunds still dragging down collections.
Abercrombie: Special Session Unlikely, Revenues Forecast Unchanged

Abercrombie: Special Session Unlikely, Revenues Forecast Unchanged

UPDATED 5 p.m. Council on Revenues keeps negative 1.6 percent revenue forecast.

Hawaii Lowers Revenue Forecast to -1.6 Percent

Decision by Council on Revenues takes into account impact of Japan disasters.

Hawaii’s New Budget Deficit: $1.3 Billion

State's budget director takes "prudent" approach to budget, predicting negative 2 percent revenue growth.

Council on Revenues: Rosy Growth Rate A Red Herring

Economists say growth prediction large due to last year's delayed tax refunds.
Senate Money Chairman: Hawaii House Budget ‘No Longer Valid’

Senate Money Chairman: Hawaii House Budget ‘No Longer Valid’

Ways and Means chair says the budget has to be redone after Japan disaster.
Hawaii Council on Revenues Can’t Regroup for Another Month

Hawaii Council on Revenues Can’t Regroup for Another Month

UPDATED Gov. Abercrombie said he's asked the council to produce a revised forecast, but the group never got the memo.
Bad News: Hawaii’s Budget Gap Nears $1 Billion

Bad News: Hawaii’s Budget Gap Nears $1 Billion

Revised Council on Revenues forecast means lawmakers have to make up another $125 million, including $66 million this year.