STATE GOVERNMENT FINANCES: 1998


                                                    Amount          Percent            Per
Hawaii                                      (in thousands)     Distribution         capita

Population (thousands)                               1,193                                
Total Revenue                                    6,760,740           100.00       5,667.00
  General revenue                                5,473,742            80.96       4,588.21
    Intergovernmental revenue                    1,175,599            17.39         985.41
    Taxes                                        3,176,246            46.98       2,662.40
      General sales                              1,425,352            21.08       1,194.76
      Selective sales                              486,399             7.19         407.71
      License taxes                                 92,647             1.37          77.66
      Individual income tax                      1,083,388            16.02         908.12
      Corporate income tax                          61,755             0.91          51.76
      Other taxes                                   26,705             0.40          22.38
    Current charges                                793,513            11.74         665.14
    Miscellaneous general revenue                  328,384             4.86         275.26
  Utility revenue                                        0             0.00           0.00
  Liquor stores revenue                                  0             0.00           0.00
  Insurance trust revenue                        1,286,998            19.04       1,078.79
                                                                                          
Total expenditure                                5,860,425           100.00       4,912.34
  Intergovernmental expenditure                    147,059             2.51         123.27
  Direct expenditure                             5,713,366            97.49       4,789.07
    Current operation                            3,926,361            67.00       3,291.16
    Capital outlay                                 650,864            11.11         545.57
    Insurance benefits and repayments              598,946            10.22         502.05
    Assistance and subsidies                       191,599             3.27         160.60
    Interest on debt                               345,596             5.90         289.69
Exhibit: Salaries and wages                      1,511,263            25.79       1,266.77
                                                                                          
Total expenditure                                5,860,425           100.00       4,912.34
  General expenditure                            5,261,479            89.78       4,410.29
    Intergovernmental expenditure                  147,059             2.51         123.27
    Direct expenditure                           5,114,420            87.27       4,287.02
  General expenditure, by function:                                                       
    Education                                    1,636,140            27.92       1,371.45
    Public welfare                                 919,329            15.69         770.60
    Hospitals                                      231,668             3.95         194.19
    Health                                         269,974             4.61         226.30
    Highways                                       248,700             4.24         208.47
    Police protection                                6,966             0.12           5.84
    Correction                                     120,854             2.06         101.30
    Natural resources                               87,103             1.49          73.01
    Parks and recreation                            49,939             0.85          41.86
    Governmental administration                    273,181             4.66         228.99
    Interest on general debt                       345,596             5.90         289.69
    Other and unallocable                        1,072,029            18.29         898.60
  Utility expenditure                                    0             0.00           0.00
  Liquor stores expenditure                              0             0.00           0.00
  Insurance trust expenditure                      598,946            10.22         502.05
                                                                                          
  Debt at end of fiscal year                     5,709,739           100.00       4,786.03
                                                                                          
  Cash and security holdings                    11,719,346           100.00       9,823.42