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State Tax Collections Soared Back To Pre-Pandemic Levels In The Past Year civilbeat.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from civilbeat.org Daily Mail and Mail on Sunday newspapers.
Hawaii's amended budget heeds Treasury guidance on relief funds bondbuyer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bondbuyer.com Daily Mail and Mail on Sunday newspapers.
Hawaii governor's veto flurry would leave state budget holes bondbuyer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bondbuyer.com Daily Mail and Mail on Sunday newspapers.
(AP) Hawaiʻi’s Council on Revenues is sharply increasing its tax revenue forecast for the state, citing rebounding spending by residents and a growing number of tourists visiting the islands. The council estimates general fund tax revenue for the fiscal year ending June 30 will rise 5% compared to the previous 12 months. That’s up from a 2.5% decline estimated earlier. But revenue is still expected to come in below pre-pandemic levels. Hawaiʻi law requires lawmakers and the governor to base their budgets on the council’s predictions. It’s been a volatile year for Hawaiʻi tax revenue since the coronavirus pandemic nearly shut down the tourism industry. ....