The state’s $11 billion operating budget and $3 billion capital improvements budget — both housed in House Bill 2012 — have passed final votes in the Senate.

The vote was 24-1 with the Senate’s lone Republican, Sam Slom, opposed.

Ways and Means Chair David Ige noted that if iron sharpens iron, then the Hawaii Legislature has two very sharp finance chairs, referring to the lengthy budget negotiations with House Finance Chair Marcus Oshiro.

The bill calls for an $11 billion operating budget — with $5.4 billion in general funds — for the current fiscal year. And it calls for $11.2 billion for operations — $5.6 billion in general funds — for the fiscal year that begins July 1.

It also includes $3.2 billion for capital improvements projects for fiscal 2013, of which $825 million would be financed with general obligation bonds. That’s an extra $430 million in bond financing for CIP projects, on top of what had previously been appropriated for the year.

— Nanea Kalani