With slowing economic growth and revenue forecasts, the state of Hawaii could face a reappearance of fiscal pressures, which may be further exacerbated by its aging demographic trends. The downward revision in the general fund tax revenue forecast to 4.2% from 5.0% in January, and again to 3.0% in March 2019 by the state’s Council on Revenues (COR) indicates potentially subdued economic growth ahe
Apr. 22, 2019