Hawaii Election Campaign Fund
StatThe Hawaii Election Campaign Fund was created during the 1978 Constitutional Convention as Article II, Section 5 of the Hawaii State Constitution. The legislature was directed to "establish a campaign fund to be used for partial public financing of campaigns of the State and its political subdivisions." The fund was established by the 1979 legislature under Hawaii Revised Statutes, Section 11-217.
HAWAII ELECTION CAMPAIGN FUND STATUS
Fiscal Year 2009
|
Beginning Balance as of July 1, 2008 |
$5,549,420.77 |
|
Receipts |
|
|
Revenue from the State Income Tax Check-Off |
|
| July - December 2008 |
$13,572.00 |
| January - June 2009 |
$191,468.00 |
|
Interest |
$99,100.00* |
|
Copies |
$13.07 |
|
Return of Public Funds |
$4,971.00 |
|
Reimburse Prior Period |
$278.67 |
|
Fines & Penalties |
$0 |
|
Excess, Surplus & Anonymous Contributions |
$5,828.31 |
|
Total Receipts |
$315,231.05 |
|
Balance with the addition of Total Receipts |
$5,864,651.82 |
| Expenditures | |
|
Administration |
$71,568.40 |
|
Payroll & Contracts |
$575,395.95 |
|
Public Funds |
$139,334.00 |
|
Total Expenditures |
$786,298.35 |
|
Closing Balance as of June 30, 2009 |
$5,078,353.47 |
| *Additional interest due in FY 2009 to be paid in FY 2010 |
The source of revenue for the fund is a state income tax check-off system which is similar to the federal income tax check-off for presidential campaigns. Tax filers can indicate on state tax forms whether they want $3 to go to the fund. Filers are informed that participation is voluntary and does not increase their tax or reduce their refund. Additional revenue to the fund are from fines, penalties, and other sources that are collected by the Commission.
Revenue from the State Income Tax Check-Off
State Income Tax Check-Off Revenue Graph (1991-2009)
Fiscal Year
| Year | Amount |
|
2009 2008 |
$205,040 $190,480 |
|
2007 |
$220,406 |
|
2006 |
$186,312 |
|
2005 |
$220,490 |
|
2004 |
$265,188 |
|
2003 |
$281,832 |
|
2002 |
$244,664 |
|
2001 |
$215,950 |
|
2000 |
$253,058 |
|
1999 |
$260,596 |
|
1998 |
$280,334 |
|
1997 |
$305,804 |
|
1996 |
$303,640 |
|
1995 |
$365,646 |
|
1994 |
$361,494 |
|
1993 |
$407,314 |
|
1992 |
$499,092 |
|
1991 |
$395,270 |
