Council on Revenues

Carl Bonham, a council member and economist, said Maui tourism will end the year strongly as it begins to recover from last year’s fires.

The boom in construction jobs and the ongoing Maui wildfire recovery could help drive up the total income earned in Hawaiʻi. A big part of the optimism has been the surge in construction jobs in the state.

The state Council on Revenues says Hawaiʻi’s economy is picking up speed. It's raising its growth forecast for the fiscal year 2023 from 5% to 6.5%.

The state Council on Revenues expects a strong end to this fiscal year. But there are concerns for fiscal year 2023, which starts in July. HPR's Casey Harlow has more.

The state Council on Revenues has more than doubled its forecast for Hawaiʻi's general fund tax revenue for this fiscal year. The council now expects that revenue to increase by 15% for the fiscal year ending in June — that’s up from its September forecast, where it predicted 6.3% growth.

Hawaii's Council on Revenues on Tuesday sharply increased its tax revenue forecast for the state to reflect rebounding spending by residents and a growing…

The group that projects state tax revenue is predicting sharp declines for the rest of this year and the following, on the back of massive declines in…

Tax revenue coming into Hawaii state coffers is now expected to be $48 million to $80 million less than previous estimates for the rest of 2020 due to the…

The Council on Revenues lowered its General Fund Forecast yesterday. The Council’s forecast is the basis for the Governor’s and Legislature’s budgets.…

The Council on Revenues tweaked its state revenue forecast downward today despite numerous economic indicators pointing to an upward trend. HPR’s Wayne…