Budget Calculator

Rainy day fund:$0.0M

The rainy day fund has $68 million that can be used to balance the budget, but once the money's spent, it won't be available for future years, which could be risky if another financial crisis should hit.

Do not use the rainy day fund.

Use all of the rainy day fund to balance the budget.

$0.0M
0
$0.0M

General excise tax:$3.4B

$3.4B
0
$3.4B

Individual income tax:$2.4B

$2.4B
0
$2.4B

Corporate income tax:$90.9M

$90.9M
0
$90.9M

Public service company tax:$139.1M

$139.1M
0
$139.1M

Tax on insurance premiums:$167.2M

$167.2M
0
$167.2M

Cigarette and tobacco tax:$74.7M

$74.7M
0
$74.7M

Liquor tax:$47.8M

$47.8M
0
$47.8M

Tax on banks and other financial corporations:$39.1M

$39.1M
0
$39.1M

Inheritance and estate tax:$48.3M

$48.3M
0
$48.3M

Conveyance tax:$23.1M

$23.1M
0
$23.1M

Miscellaneous taxes:$16.0M

$16.0M
0
$16.0M

Transient accommodations tax:$157.3M

$157.3M
0
$157.3M

Licenses and permits:$1.0M

$1.0M
0
$1.0M

Lease rents for state properties:$12.7M

$12.7M
0
$12.7M

Federal reimbursements:$11.4M

$11.4M
0
$11.4M

Unclaimed real and personal properties transferred to the state:$3.0M

$3.0M
0
$3.0M

Charges for current services:$347.4M

$347.4M
0
$347.4M

Fines, forfeits and penalties:$2.5M

$2.5M
0
$2.5M

Repayment of loans and advances:$4.7M

$4.7M
0
$4.7M

Non-revenue receipts:$281.5M

$281.5M
0
$281.5M

Judiciary:$27.2M

$27.2M
0
$27.2M

Surplus:$0.0M

This is unspent money from fiscal 2021.

Do not use the surplus.

Use $100 million of the surplus to balance the budget.

Use $200 million of the surplus to balance the budget.

Use $300 million of the surplus to balance the budget.

Use $400 million of the surplus to balance the budget.

Use $500 million of the surplus to balance the budget.

Use $600 million of the surplus to balance the budget.

Use $700 million of the surplus to balance the budget.

Use $805 million of the surplus to balance the budget.

$0.0M
0
$0.0M

"Other Revenues":$221.8M

$221.8M
0
$221.8M

Debt:$0.0M

Warning! Borrowing money to balance the budget would increase the debt service in the long-term.

Borrow $0

Borrow $250,000,000

Borrow $500,000,000

Borrow $750,000,000

Borrow $1,000,000,000

Borrow $1,250,000,000

Borrow $1,500,000,000

Borrow $1,750,000,000

Borrow $2,000,000,000

$0.0M
0
$0.0M

Accounting and General Services: $98.0M

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$98.0M
0
$98.0M

Agriculture: $12.8M

Cut spending?

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$12.8M
0
$12.8M

Attorney General: $31.5M

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$31.5M
0
$31.5M

Business, Econ. Dev. & Tourism: $12.5M

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$12.5M
0
$12.5M

Budget and Finance: $46.9M

$2.2 billion of this department's budget is spent on fringe benefits, such as public pension and health benefits. $845 million of this department's budget is spent on debt service. Fringe benefits and debt service are viewed as "fixed costs" that cannot be cut.

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$46.9M
0
$46.9M

Defense: $23.2M

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$23.2M
0
$23.2M

Education: $1.7B

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$1.7B
0
$1.7B

Governor: $4.2M

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$4.2M
0
$4.2M

Hawaiian HomeLands: $15.9M

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$15.9M
0
$15.9M

Human Resources Development: $20.5M

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$20.5M
0
$20.5M

Human Services: $175.0M

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$175.0M
0
$175.0M

Health: $637.4M

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$637.4M
0
$637.4M

Labor and Industrial Relations:: $14.9M

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$14.9M
0
$14.9M

Land and Natural Resources: $54.5M

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$54.5M
0
$54.5M

Lieutenant Governor: $1.0M

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$1.0M
0
$1.0M

Public Safety: $272.1M

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$272.1M
0
$272.1M

Taxation: $26.3M

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$26.3M
0
$26.3M

University of Hawaii: $472.2M

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$472.2M
0
$472.2M

Balance the Hawaii state budget

You are in deficit.

Where the Money Goes

Revenue

Rainy day fund $0.0M

Rainy day fund:$0.0M

The rainy day fund has $68 million that can be used to balance the budget, but once the money's spent, it won't be available for future years, which could be risky if another financial crisis should hit.

Tax revenue $6.6B

General excise tax:$3.4B

Individual income tax:$2.4B

Corporate income tax:$90.9M

Public service company tax:$139.1M

Tax on insurance premiums:$167.2M

Cigarette and tobacco tax:$74.7M

Liquor tax:$47.8M

Tax on banks and other financial corporations:$39.1M

Inheritance and estate tax:$48.3M

Conveyance tax:$23.1M

Miscellaneous taxes:$16.0M

Transient accommodations tax:$157.3M

Nontax revenues $664.3M

Licenses and permits:$1.0M

Lease rents for state properties:$12.7M

Federal reimbursements:$11.4M

Unclaimed real and personal properties transferred to the state:$3.0M

Charges for current services:$347.4M

Fines, forfeits and penalties:$2.5M

Repayment of loans and advances:$4.7M

Non-revenue receipts:$281.5M

Judiciary $27.2M

Judiciary:$27.2M

Surplus $0.0M

Surplus:$0.0M

This is unspent money from fiscal 2021.

"Other Revenues" $221.8M

"Other Revenues":$221.8M

Bond sales / borrowing $0.0M

Debt:$0.0M

Warning! Borrowing money to balance the budget would increase the debt service in the long-term.

Total: $7,548,497,000.0

Spending

Fixed Costs $4.1B

Medicaid: $1.2B

Warning! This area is considered politically difficult to cut. However, many states this year are considering Medicaid cuts.

Health fund: $829.3M

Warning! This is considered politically difficult to cut. Gov. David Ige is planning to skip $413 million of pre-funding payments in fiscal 2022. However, the state must still pay for $829 million of annual "normal costs" for public employee health benefits.

Retirement system: $1.1B

This spending category is protected by the Hawaii constitution and cannot be cut unless the constitutional protections were removed.

Debt service: $1.0B

This area cannot be cut without defaulting.

Accounting and General Services $98.0M

Accounting and General Services: $98.0M

Keep spending the same, or cut?

Agriculture $12.8M

Agriculture: $12.8M

Cut spending?

Attorney General $31.5M

Attorney General: $31.5M

Cut Spending?

Business, Econ. Dev. & Tourism $12.5M

Business, Econ. Dev. & Tourism: $12.5M

Cut spending?

Budget and Finance $46.9M

Budget and Finance: $46.9M

$2.2 billion of this department's budget is spent on fringe benefits, such as public pension and health benefits. $845 million of this department's budget is spent on debt service. Fringe benefits and debt service are viewed as "fixed costs" that cannot be cut.

Defense $23.2M

Defense: $23.2M

Cut spending?

Education $1.7B

Education: $1.7B

Cut spending?

Governor $4.2M

Governor: $4.2M

Cut spending?

Hawaiian HomeLands $15.9M

Hawaiian HomeLands: $15.9M

Human Resources Development $20.5M

Human Resources Development: $20.5M

Cut spending?

Human Services $175.0M