Hawaii House Agrees On $10.9 Billion Budget

The House Finance Committee advanced their version of a state budget on Wednesday, cutting funding for many of Gov. Neil Abercrombie's proposals and calling for $10.98 billion in spending in fiscal 2012 and $10.97 billion in fiscal 2013.

While the House version grows spending by 6 percent over the current year's budget, it's still 4 percent smaller than the $11.4 billion budget the governor proposed last month for the 2012 fiscal year.

Here's a look at House Bill 200's budget plan next to Abercrombie's budget:

Fiscal Year Abercrombie Budget House Finance Budget
2011 $10.24 billion $10.24 billion
2012 $11.4 billion ($5.7 billion general funds) $10.98 billion ($5.45 billion general funds)
2013 $11.3 billion ($5.9 billion general funds) $10.97 billion ($4.94 billion general funds)

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