HONOLULU (KHON2) — With the uncertainty taking place in Washington, D.C., the Hawaii House of Representatives said next year’s budget focuses on preparing for unforeseen circumstances.
Lawmakers passed the draft of the state’s $21.19 billion budget as they prep for what they call “difficult decisions ahead.”
The draft includes a $200 million appropriation set aside to strengthen reserves and withstand future funding pressures.
It also allocates billions for capital improvement projects to address critical housing needs as well as transportation, public safety and economic development.
House Finance Chair Kyle Yamashita (D) acknowledged the budget as a starting point and said the House is committed to investing in Hawaii’s core services and safety net.
“The key is uncertainty. We don’t know what the future holds for us, what may happen with travel, our tourism industry, the cost of goods or steel and other things we need for construction may affect that part of our economy that is doing well right now,” said Rep. Tamashita.
“We have the tools and options necessary to ensure a responsible budget that will take us into the interim and prepare for the 2026 Session,” Rep Yamashita added.
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The budget passed its third reading on the House floor on Wednesday, March 12 and will now move to the Senate for consideration.