STATE GOVERNMENT FINANCES
(Amounts are in thousands.  Per capita in dollars.)

                                                      Percent           Per
HAWAII                                       1993 Distribution       capita

Population (thousands)                      1,135           -             -
Total Revenue                           5,543,158       100.0%     4,883.84
  General revenue                       4,837,650        87.3%     4,262.25
    Intergovernmental revenue           1,011,419        18.2%       891.12
    Taxes                               2,748,134        49.6%     2,421.26
      General sales                     1,302,919        23.5%     1,147.95
      Selective sales                     381,251         6.9%       335.90
      License taxes                        72,393         1.3%        63.78
      Individual income                   922,912        16.6%       813.14
      Corporation net income               53,127         1.0%        46.81
      Other taxes                          15,532         0.3%        13.68
    Current charges                       772,075        13.9%       680.24
    Miscellaneous general revenue         306,022         5.5%       269.62
  Utility revenue                               0         0.0%         0.00
  Liquor stores revenue                         0         0.0%         0.00
  Insurance trust revenue                 705,508        12.7%       621.59

Total Expenditure                       5,605,688       100.0%     4,938.93
  Intergovernmental expenditure           132,570         2.4%       116.80
  Direct expenditure                    5,473,118        97.6%     4,822.13
    Current operation                   3,385,961        60.4%     2,983.23
    Capital outlay                      1,122,922        20.0%       989.36
    Insurance benefits and repayments     517,897         9.2%       456.30
    Assistance and subsidies              175,336         3.1%       154.48
    Interest on debt                      271,002         4.8%       238.77
Exhibit:  Salaries and wages            1,518,237        27.1%     1,337.65

Total expenditure                       5,605,688       100.0%     4,938.93
  General expenditure                   5,087,791        90.8%     4,482.64
        Intergovernmental expenditure     132,570         2.4%       116.80
        Direct expenditure              4,955,221        88.4%     4,365.83
  General expenditure, by function:
      Education                         1,446,756        25.8%     1,274.67
      Public welfare                      651,418        11.6%       573.94
      Hospitals                           203,306         3.6%       179.12
      Health                              275,777         4.9%       242.98
      Highways                            361,406         6.4%       318.42
      Police protection                    12,540         0.2%        11.05
      Correction                          112,541         2.0%        99.16
      Natural resources                   113,031         2.0%        99.59
      Parks and recreation                 80,430         1.4%        70.86
      Governmental administration         270,541         4.8%       238.36
      Interest on general debt            271,002         4.8%       238.77
      Other and unallocable             1,289,043        23.0%     1,135.72
  Utility expenditure                           0         0.0%         0.00
  Liquor stores expenditure                     0         0.0%         0.00
  Insurance trust expenditure             517,897         9.2%       456.30

Debt at end of fiscal year              5,023,176       100.0%     4,425.71

Cash and Security Holdings              8,948,024       100.0%     7,883.72