STATE GOVERNMENT FINANCES: 1997


                                                    Amount          Percent            Per
Hawaii                                      (in thousands)     Distribution         capita

Population (thousands)                               1,187                                
Total Revenue                                    6,700,545           100.00       5,644.94
  General revenue                                5,526,957            82.49       4,656.24
    Intergovernmental revenue                    1,302,690            19.44       1,097.46
    Taxes                                        3,087,946            46.08       2,601.47
      General sales                              1,457,274            21.75       1,227.70
      Selective sales                              468,697             6.99         394.86
      License taxes                                 89,876             1.34          75.72
      Individual income tax                        976,579            14.57         822.73
      Corporate income tax                          67,570             1.01          56.93
      Other taxes                                   27,950             0.42          23.55
    Current charges                                776,421            11.59         654.10
    Miscellaneous general revenue                  359,900             5.37         303.20
  Utility revenue                                        0             0.00           0.00
  Liquor stores revenue                                  0             0.00           0.00
  Insurance trust revenue                        1,173,588            17.51         988.70
                                                                                          
Total expenditure                                6,093,375           100.00       5,133.42
  Intergovernmental expenditure                    156,055             2.56         131.47
  Direct expenditure                             5,937,320            97.44       5,001.95
    Current operation                            3,902,225            64.04       3,287.47
    Capital outlay                                 833,357            13.68         702.07
    Insurance benefits and repayments              672,194            11.03         566.30
    Assistance and subsidies                       201,247             3.30         169.54
    Interest on debt                               328,297             5.39         276.58
Exhibit: Salaries and wages                      1,678,578            27.55       1,414.13
                                                                                          
Total expenditure                                6,093,375           100.00       5,133.42
  General expenditure                            5,420,946            88.96       4,566.93
    Intergovernmental expenditure                  156,055             2.56         131.47
    Direct expenditure                           5,264,891            86.40       4,435.46
  General expenditure, by function:                                                       
    Education                                    1,557,019            25.55       1,311.73
    Public welfare                                 983,336            16.14         828.42
    Hospitals                                      237,641             3.90         200.20
    Health                                         276,988             4.55         233.35
    Highways                                       321,658             5.28         270.98
    Police protection                                7,019             0.12           5.91
    Correction                                     127,535             2.09         107.44
    Natural resources                               71,097             1.17          59.90
    Parks and recreation                           144,309             2.37         121.57
    Governmental administration                    248,081             4.07         209.00
    Interest on general debt                       328,297             5.39         276.58
    Other and unallocable                        1,117,966            18.35         941.84
  Utility expenditure                                  235             0.00           0.20
  Liquor stores expenditure                              0             0.00           0.00
  Insurance trust expenditure                      672,194            11.03         566.30
                                                                                          
  Debt at end of fiscal year                     5,252,711           100.00       4,425.20
                                                                                          
  Cash and security holdings                    10,842,971           100.00       9,134.77