HOUSE OF REPRESENTATIVES
THE TWENTY-SECOND LEGISLATURE
REGULAR SESSION OF 2003
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COMMITTEE ON FINANCE |
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Rep. Dwight Y. Takamine, Chair |
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Rep. Bertha C. Kawakami, Vice Chair |
NOTICE OF INFORMATIONAL BRIEFING
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DATE: |
Friday, January 31, 2003 |
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TIME: |
2:00 P.M. |
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PLACE: |
Conference Room 308 State Capitol 415 South Beretania Street |
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SUBJECT: |
State Financial Plan and Budget |
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G E N D A|
Financial Plan and Budget Overview Ms. Georgina Kawamura, Director Department of Budget and Finance The Constitution of the State of Hawaii and the Hawaii Revised Statutes requires the Governor of the State of Hawaii to submit to the Legislature a balanced six-year financial plan and budget at least 30 days prior (December 15, 2002) to the convening of the Regular Session. In transmitting the six-year program and financial plan, the current Governor indicated that significant modifications would be made. The new administration also indicated that additional time would be necessary to meet its constitutional and statutory obligations. Therefore, the Legislature delayed its normal timeline for budget briefings. On January 14, 2003, the Director of Finance presented a financial plan with "targeted" cost savings and budget cuts. Specific information regarding the magnitude of the budget cuts for each state department was unavailable because the Administration was still gathering information. As of January 28, 2003, the Committee on Finance received information regarding specific budget cuts for 6 of the 19 State departments and agencies. Ms. Kawamura, Director of Finance, has been invited and will present an update of the Administration's modified Financial Plan and Biennium Budget to the House Committee on Finance. |
IF YOU REQUIRE SPECIAL ASSISTANCE OR AUXILIARY AIDS AND/OR SERVICES TO PARTICIPATE IN THE PUBLIC HEARING PROCESS OF THE STATE HOUSE (I.E., SIGN LANGUAGE INTERPRETER, WHEELCHAIR ACCESSIBILITY, OR PARKING DESIGNATED FOR THE DISABLED), PLEASE CONTACT THE COMMITTEE CLERK AT LEAST 24 HOURS PRIOR TO THE HEARING SO ARRANGEMENTS CAN BE MADE.
FOR FURTHER INFORMATION, PLEASE CALL THE COMMITTEE CLERK AT 586-6200.
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________________________________________ Rep. Dwight Y. Takamine Chair |