Hawaii Election Campaign Fund

The 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.

Hawaii Election Campaign Fund

Fiscal Year 2014

Beginning Balance as of July 1, 2013

$2,936,143.80

Receipts

Revenue from the State Income Tax Check-Off

     December 16, 2012 – June 15, 2013 (FY 13)

$146,713.00*

     June 16, 2013 – December 15, 2013 (FY 14)

$31,619.00

     December 16, 2013 – June 15, 2014 (FY 14)

$158,573.00**

Interest

$7,810.27

Misc. Income – pCard Rebate & Copies

$341.41

Excess, False Name, Surplus & Anonymous Contributions

$38,137.13

Total Receipts

$224,620.81

Balance with the addition of Total Receipts

$3,160,764.61

Expenditures

Administration

$36,549.29

Payroll & Contracts

$581,499.14

Partial Public Funding

$2,160.00

Total Expenditures

$620,208.43

Closing Balance as of June 30, 2014

$2,540,556.18

*This amount represents additional FY 13 tax check-off revenue for the period 12/16/12 through 6/15/13.

**Additional tax check-off revenue incurred in FY 14 to be realized in FY 15.

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

Fiscal Year

Year Amount

2014

$190,192

2013

$163,143

2012

$197,321

2011

$223,380

2010

$216,561

2009

$205,040

2008

$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