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

                                                      Percent           Per
HAWAII                                       1995 Distribution       capita

Population (thousands)                      1,187           -             -
Total Revenue                           5,777,523       100.0%     4,867.33
  General revenue                       5,098,822        88.3%     4,295.55
    Intergovernmental revenue           1,138,457        19.7%       959.10
    Taxes                               2,874,496        49.8%     2,421.65
      General sales                     1,363,262        23.6%     1,148.49
      Selective sales                     431,709         7.5%       363.70
      License taxes                        83,667         1.4%        70.49
      Individual income                   925,714        16.0%       779.88
      Corporation net income               47,296         0.8%        39.84
      Other taxes                          22,848         0.4%        19.25
    Current charges                       714,889        12.4%       602.27
    Miscellaneous general revenue         370,980         6.4%       312.54
  Utility revenue                               0         0.0%         0.00
  Liquor stores revenue                         0         0.0%         0.00
  Insurance trust revenue                 678,701        11.7%       571.78

Total Expenditure                       6,014,741       100.0%     5,067.18
  Intergovernmental expenditure           144,145         2.4%       121.44
  Direct expenditure                    5,870,596        97.6%     4,945.74
    Current operation                   3,737,202        62.1%     3,148.44
    Capital outlay                        967,244        16.1%       814.86
    Insurance benefits and repayments     642,665        10.7%       541.42
    Assistance and subsidies              224,694         3.7%       189.30
    Interest on debt                      298,791         5.0%       251.72
Exhibit:  Salaries and wages            1,694,894        28.2%     1,427.88

Total expenditure                       6,014,741       100.0%     5,067.18
  General expenditure                   5,371,517        89.3%     4,525.29
        Intergovernmental expenditure     144,145         2.4%       121.44
        Direct expenditure              5,227,372        86.9%     4,403.85
  General expenditure, by function:
      Education                         1,645,470        27.4%     1,386.24
      Public welfare                      893,511        14.9%       752.75
      Hospitals                           217,549         3.6%       183.28
      Health                              304,371         5.1%       256.42
      Highways                            282,239         4.7%       237.78
      Police protection                    19,863         0.3%        16.73
      Correction                          110,238         1.8%        92.87
      Natural resources                    94,712         1.6%        79.79
      Parks and recreation                126,543         2.1%       106.61
      Governmental administration         280,174         4.7%       236.04
      Interest on general debt            298,791         5.0%       251.72
      Other and unallocable             1,098,056        18.3%       925.07
  Utility expenditure                         559         0.0%         0.47
  Liquor stores expenditure                     0         0.0%         0.00
  Insurance trust expenditure             642,665        10.7%       541.42

Debt at end of fiscal year              5,195,820       100.0%     4,377.27

Cash and Security Holdings              8,948,617       100.0%     7,538.85