Operator
Good day, and welcome to the Hawaiian Electric Industries, Inc. First Quarter 2021 Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded. I would now like to turn the conference over to Julie Smolinski, Vice President of Investor Relations. Please go ahead, ma am..
Julie R. Smolinski
Vice President, Investor Relations and Corporate Sustainability
Thank you, Rocco. Welcome, everyone, to Hawaiian Electric Industries First Quarter 2021 Earnings Call. Joining me today are Connie Lau, HEI President and CEO; Greg Hazelton, HEI Executive Vice President and CFO; Scott Seu, Hawaiian Electric President and CEO; Rich Wacker, American Savings Bank President and CEO; and other members of senior management. Our press release and presentation are posted in the Investor Relations section of our website. As a reminder, forward-looking statements will be made on today s call. Factors that could cause actual results to differ materially from expect
University Of Hawaii Officials Push Back Against Proposed Budget Cuts - Honolulu Civil Beat
University Of Hawaii Officials Push Back Against Proposed Budget Cuts
The system could still see about $90 million in federal relief funds, half of which must be distributed as grants to students. Reading time: 5 minutes.
Though the University of Hawaii is expected to get an influx of federal relief funds this year, officials still have concerns that cuts proposed by the Legislature could hurt higher education programs.
Lawmakers have proposed 10% cuts for UH in a state budget that also sees Hawaii government as a whole taking general fund reductions of about 7%. Many program cuts have been supplanted by federal relief funds thanks to the American Rescue Plan Act. UH is expected to get relief funds sent directly to each of the 10 campuses that comprise the state higher education system.
Operator
Good day and thank you for standing by. Welcome to the Bank of Hawaii Corporation First Quarter 2021 Earnings Conference Call. [Operator Instructions]
I would now like to hand the conference over to one of your speakers today, Janelle Higa, Manager, Investor Relations. Ma am, please go ahead.
Janelle Higa
Manager of Investor Relations
Thank you, Michelle and good morning, good afternoon, everyone. Thank you for joining us today. On the call with me this morning is our Chairman, President and CEO, Peter Ho; our Chief Financial Officer, Dean Shigemura; and our Chief Risk Officer, Mary Sellers. Before we get started, let me remind you that today s conference call will contain some forward-looking statements. And while we believe our assumptions are reasonable, there are a variety of reasons, the actual results may differ materially from those projected.
UHERO study says Hawaii could reach herd immunity by July Sydney Kurle | Apr 23, 2021
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As of April, the state reported an average of 13,800 doses were administered daily. The researchers believe if the state is able to maintain this average, Hawaii will vaccinate 75% of its population by the first week of July.
If the state reaches this milestone, the state would reach herd immunity. Scientists expect that taming COVID-19 will require between 70% and 85% of the population having immunity.
Currently the state has administered over 1 million shots, and 505,898 residents have received at least one dose of the COVID-19 vaccine.
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