Hawaii House Agrees On $10.9 Billion Budget
03/09/2011The 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) |


