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 2013

Beginning Balance as of July 1, 2012

$3,424,708.55

Receipts

 

Revenue from the State Income Tax Check-Off

 

     June 2011 – December 2011

$7,884.00*

     December 2011 – June 2012

$173,620.00*

     June 2012 – December 2012

$16,430.00**

Interest

$8,935.88

Comprehensive Public Funding – Qualifying Contributions

$115.00

Return of Comprehensive Public Funds

$1,040.39

Misc. Income – pCard Rebate

$314.57

Excess, Surplus & Anonymous Contributions

$48,842.77

Total Receipts

$257,182.61

Balance with the addition of Total Receipts

$3,681,891.16

Expenditures  

Administration

$48,626.15

Payroll & Contracts

$537,844.21

Partial Public Funding

$139,361.00

Comprehensive Public Funding

$19,916.00

Total Expenditures

$745,747.36

Closing Balance as of June 30, 2013

$2,936,143.80

*This amount represents additional FY 12 tax check-off revenue for the periods 6/16/11 through 12/15/11 and 12/16/11 through 6/15/12.

**Additional tax check-off revenue due in FY 13 to be paid in FY 14.

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

2013

     $16,430**

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