Hawaii Budget Would Bolster Reserves, Reduce Bond Issuance.

The article offers information Neil Abercrombie, governor of Hawaii, has presented a supplemental budget for fiscal biennium 2013-2015 in December 2013. It states the budget will limit the expenditures and use of 844 million U.S. dollars from the reserves. It mentions that Kalbert Young, financial director of Hawaii, has reported that the reserves will help the state during economic downturns and mitigate against cyclical public service cutbacks.