Tax Revenues Up 11 Percent in 1st 4 Months of the Year

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Pacific Business News has this report: 

The state of Hawaii collected total of $1.76 billion in tax revenue during the first four months of the fiscal year, 11 percent more than the $1.58 billion collected during the same period last year, according to the state Department of Taxation.

The state collected $412.7 million in tax revenue October, bringing the total, to-date, for the fiscal year that began July 1 to $1.76 billion, state tax officials said in a preliminary statement.

Correspondingly, both the GET and hotel tax collections were up 10+ percent. Read the full story.

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