Managing state spending during hard times is, well, hard; but the Great Recession has clear lessons about what services are just too critical to cut.
The new budget totals $20.8 billion compared with $17.5 billion for 2019. The 19 percent budget increase represents an additional $3.3 billion, most of which will be spent on capital improvement projects.
The first of a two-part analysis of the results of the increasingly opaque state budget process this past legislative session, and what we can expect in terms of revenues, funding and expenditures for the upcoming 2020 fiscal year that begins July 1, 2019.
Recommendations on handling Hawai‘i’s public worker retirement commitments as the Baby Boomer generation prepares to enter retirement.
State budgets, particularly for the executive branch, showcase our government’s priorities when it comes to spending money on social programs, capital improvement projects, and operations for its various departments.
The proposed budget for the executive branch for the next two years is larger than during the previous fiscal biennium. Despite this, the governor says he is being conservative with the state's spending reflecting inconsistencies in revenues collected compared to projections. Here's what he wants to spend the money on.