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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