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Budget & Spending

Akina gets fiscal with the Hawaii Society of CPAs

Keli’i Akina of the Grassroot Institute of Hawaii outlined the financial problems Hawaii is facing, and the “best practices” that could help it recover, during the 60th — and first virtual — annual conference of the Hawaii Society of CPAs. Other speakers at the Nov. 20, 2020, event included Tracey Golden,

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Hawaii debt increases $9 billion over past 8 months, to $97 billion

The following is a news release that was sent to all Hawaii media on Oct. 15, 2020. ______________ HONOLULU, Oct. 15, 2020 >> Hawaii’s unfunded liabilities for infrastructure and public health benefits have increased so far this year to $97 billion, according to the Grassroot Institute of Hawaii. That’s $9

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Ige’s EUTF funding dodge will come back to haunt us

This article was originally published by Honolulu Civil Beat on Sept. 21, 2020. ______________ Faced with a $2.3 billion budget shortfall caused by Hawaii’s coronavirus lockdowns, Gov. David Ige on July 17 suspended the state’s required fiscal 2021 payment of $388 million to the government employees’ health benefits fund. It was a desperate move

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Maui lawmakers deserve praise for cutting budget

The following is a letter to the editor that was published by Lahaina News on July 23, 2020. __________ Maui lawmakers should be congratulated for trimming this year’s county budget to $1 million less than the previous year. It was only a 0.1 percent cut, but still it demonstrates that

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Kent, Akina discuss ‘How to balance Hawaii’s budget’

“How to balance Hawaii’s budget” was the topic of Keli’i Akina’s “Hawaii Together” episode, Monday, June 22, 2020, on the ThinkTech Hawaii network. The special guest was Joe Kent, executive vice president of the Grassroot Institute of Hawaii. Akina is president and CEO of the institute, which that very day had submitted

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Akina discusses state budget on KITV4 Island News

Keli’i Akina was interviewed Monday, June 22, 2020, by reporter Paul Drewes of KITV4 Island News about the Legislature’s options for balancing the state budget. Drewes also mentioned the new online tool from the Grassroot Institute of Hawaii that lets individuals try to balance the budget themselves. The tool can

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Testimony on Legislature’s plan to breach the debt limit

The following is testimony submitted by the Grassroot Institute of Hawaii to the Hawaii Senate Committee on Means and Ways on Monday, June 22, 2020. ______________ To: Committee on Ways and Means Sen. Donovan M. Dela Cruz, Chair Sen. Gil S. C. Keith-Agaran, Vice chair From: Grassroot Institute of Hawaii

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How to balance the budget in just a few clicks

This morning I balanced the state budget. It didn’t even take that long; just a few quick clicks and Hawaii went from a $1.4 billion deficit to a modest surplus, with some rainy day money set aside in case of emergency. Of course, I had a few advantages that state

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New tool lets citizens balance Hawaii budget

The following is a news release that was issued by the Grassroot Institute of Hawaii on June 19, 2020. _______________ The Grassroot Institute of Hawaii tool shows 15% cuts across the board and delaying salary increases would be enough to erase the deficit   HONOLULU, June 19, 2020 >> Hawaii citizens now can try their hand

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‘New normal’ requires long-term budget thinking

Hawaii lawmakers are facing a “new normal” of significantly reduced tax revenues. In response, they should reduce long-term expenses, such as payroll expenses and department budgets, instead of only short-term expenses, such as one-time projects or more borrowing, if they wish to keep their spending in line with their new

Read More →

Akina gets fiscal with the Hawaii Society of CPAs

Keli’i Akina of the Grassroot Institute of Hawaii outlined the financial problems Hawaii is facing, and the “best practices” that could help it recover, during the 60th — and first virtual — annual conference of the Hawaii Society of CPAs. Other speakers at the Nov. 20, 2020, event included Tracey Golden,

Read More →

Hawaii debt increases $9 billion over past 8 months, to $97 billion

The following is a news release that was sent to all Hawaii media on Oct. 15, 2020. ______________ HONOLULU, Oct. 15, 2020 >> Hawaii’s unfunded liabilities for infrastructure and public health benefits have increased so far this year to $97 billion, according to the Grassroot Institute of Hawaii. That’s $9

Read More →

Ige’s EUTF funding dodge will come back to haunt us

This article was originally published by Honolulu Civil Beat on Sept. 21, 2020. ______________ Faced with a $2.3 billion budget shortfall caused by Hawaii’s coronavirus lockdowns, Gov. David Ige on July 17 suspended the state’s required fiscal 2021 payment of $388 million to the government employees’ health benefits fund. It was a desperate move

Read More →

Maui lawmakers deserve praise for cutting budget

The following is a letter to the editor that was published by Lahaina News on July 23, 2020. __________ Maui lawmakers should be congratulated for trimming this year’s county budget to $1 million less than the previous year. It was only a 0.1 percent cut, but still it demonstrates that

Read More →

Kent, Akina discuss ‘How to balance Hawaii’s budget’

“How to balance Hawaii’s budget” was the topic of Keli’i Akina’s “Hawaii Together” episode, Monday, June 22, 2020, on the ThinkTech Hawaii network. The special guest was Joe Kent, executive vice president of the Grassroot Institute of Hawaii. Akina is president and CEO of the institute, which that very day had submitted

Read More →

Akina discusses state budget on KITV4 Island News

Keli’i Akina was interviewed Monday, June 22, 2020, by reporter Paul Drewes of KITV4 Island News about the Legislature’s options for balancing the state budget. Drewes also mentioned the new online tool from the Grassroot Institute of Hawaii that lets individuals try to balance the budget themselves. The tool can

Read More →

Testimony on Legislature’s plan to breach the debt limit

The following is testimony submitted by the Grassroot Institute of Hawaii to the Hawaii Senate Committee on Means and Ways on Monday, June 22, 2020. ______________ To: Committee on Ways and Means Sen. Donovan M. Dela Cruz, Chair Sen. Gil S. C. Keith-Agaran, Vice chair From: Grassroot Institute of Hawaii

Read More →

How to balance the budget in just a few clicks

This morning I balanced the state budget. It didn’t even take that long; just a few quick clicks and Hawaii went from a $1.4 billion deficit to a modest surplus, with some rainy day money set aside in case of emergency. Of course, I had a few advantages that state

Read More →

New tool lets citizens balance Hawaii budget

The following is a news release that was issued by the Grassroot Institute of Hawaii on June 19, 2020. _______________ The Grassroot Institute of Hawaii tool shows 15% cuts across the board and delaying salary increases would be enough to erase the deficit   HONOLULU, June 19, 2020 >> Hawaii citizens now can try their hand

Read More →

‘New normal’ requires long-term budget thinking

Hawaii lawmakers are facing a “new normal” of significantly reduced tax revenues. In response, they should reduce long-term expenses, such as payroll expenses and department budgets, instead of only short-term expenses, such as one-time projects or more borrowing, if they wish to keep their spending in line with their new

Read More →