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Wednesday, December 16, 2009

Council on Revenues General Fund Projection December 2009

The Hawaii Council on Revenues met today to, among other business, announce the latest general fund revenue projections for fiscal year 2010 and beyond.


For FY2010, the new projection is -2.5%, down from -1.5% forecast in August. For FY2011, the Council raised the forecast from 6.5% growth to 7.6% growth.

Here are the revenue projections through 2016. The percentages reflect the level of growth or decline from the previous year.


2010 - 2.5%

2011 - 7.6%

2012 - 6.0%

2013 - 6.0%

2014 - 6.0%

2015 - 5.0%

2016 - 5.0%

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