Hawaii Director of Finance

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Hawaii Director of Finance

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General information
Office Type:  Nonpartisan
Office website:  Official Link
Compensation:  $162,552
2024 FY Budget:  $4,438,863,843
Term limits:  None
Structure
Length of term:   4 years coterminous with the governor
Authority:  Hawaii Revised Statutes, 26-8
Selection Method:  Appointed by the governor
Current Officeholder

Hawaii Director of Finance Luis Salaveria
Nonpartisan
Assumed office: April 28, 2023

Other Hawaii Executive Offices
GovernorLieutenant GovernorAttorney GeneralDirector of FinanceAuditorSuperintendent of EducationAgriculture CommissionerDirector of Commerce and Consumer AffairsChairperson of Land and Natural ResourcesDirector of Labor and Industrial RelationsPublic Utilities Commission

The Director of Finance is a state executive position in the Hawaii state government. The director heads the Hawaii Department of Budget and Finance, which handles the state's cash management, investments and bond financing functions, among other duties. The director is appointed by the governor and serves a term that lasts as long as the appointing governor's.[1]

Current officeholder

The current Hawaii Director of Finance is Luis Salaveria (nonpartisan). Salaveria assumed office in 2023.

Authority

The office of director of finance is established by state law.[2]

Hawaii Revised Statutes, 26-8

(a) The department of budget and finance shall be headed by a single executive to be known as the director of finance.

Qualifications

Like all state "principal department" heads, the director of the Department of Budget and Finance must be a U.S. citizen and a resident of Hawaii for at least a year before his appointment.

Hawaii Constitution, Article V, Section 6

Every officer appointed under the provisions of this section shall be a citizen of the United States and shall have been a resident of this State for at least one year immediately preceding that person's appointment, except that this residency requirement shall not apply to the president of the University of Hawaii.

Appointments

Hawaii state government organizational chart

As the head of a principal executive department, the director of finance is appointed by the governor with the consent of the Hawaii Senate. The appointee holds office for a term concurrent with that of the governor, who may also remove him from office at any time.

Hawaii Constitution, Article V, Section 6

Each principal department shall be under the supervision of the governor and, unless otherwise provided in this constitution or by law, shall be headed by a single executive. Such single executive shall be nominated and, by and with the advice and consent of the senate, appointed by the governor. That person shall hold office for a term to expire at the end of the term for which the governor was elected, unless sooner removed by the governor; except that the removal of the chief legal officer of the State shall be subject to the advice and consent of the senate.

Term limits

There are no term limits associated with the office of director of finance.

Vacancies

If a vacancy occurs, the governor appoints a replacement with the consent of the state Senate. If the Senate is out of session when the vacancy occurs, the governor may appoint a temporary replacement to exercise the powers of attorney general until the legislature reconvenes. Details of vacancy appointments for cabinet-level state executive officers are laid out in Article V, Section 6 of the Hawaii Constitution.

Duties

The director of finance heads the Hawaii Department of Budget and Finance, which handles the state's cash management, investments and bond financing functions, and also evaluates the operational effectiveness of the state agency's budget and program planning processes. Additionally, the department coordinates the state's capital improvement program, handles state collective bargaining negotiations and prepares the annual executive budget that is submitted to the Hawaii Legislature.[1]

Divisions

Click here to view a larger-scale image of the Hawaii Department of Budget and Finance Organizational Chart as of 2007.

As of January 17, 2021, the Hawaii Department of Budget and Finance contains the following divisions:

  • Administrative and Research Office
  • Financial Administration Division
  • Budget, Program Planning, and Management[3]

State budget

See also: Hawaii state budget and finances

The Department of Budget and Finance's budget for fiscal year 2024 was $4,438,863,843.[4]

Compensation

See also: Compensation of state executive officers

The salaries of elected and appointed executives in Hawaii are determined by the Hawaii Commission on Salaries, which was established by constitutional amendment in 2006. Passage of this amendment by the public added the following language to Article XVI of the state constitution:

Article XVI, Section 3.5 of the Hawaii Constitution

Text of Section 3.5:

There shall be a commission on salaries as provided by law, which shall review and recommend salaries for the justices and judges of all state courts, members of the legislature, department heads or executive officers of the executive departments and the deputies or assistants to department heads of the executive departments as provided by law, excluding the University of Hawaii and the department of education. The commission shall also review and make recommendations for the salary of the administrative director of the State or equivalent position and the salary of the governor and the lieutenant governor.

Any salary established pursuant to this section shall not be decreased during a term of office, unless by general law applying to all salaried officers of the State.

Not later than the fortieth legislative day of the 2007 regular legislative session and every six years thereafter, the commission shall submit to the legislature its recommendations and then dissolve.

The recommended salaries submitted shall become effective as provided in the recommendation, unless the legislature disapproves the entire recommendation as a whole by adoption of a concurrent resolution prior to adjournment sine die of the legislative session in which the recommendation is submitted; provided that any change in salary which becomes effective shall not apply to the legislature to which the recommendation for the change in salary was submitted.

The commission consists of seven members selected by the governor (two seats), the President of the Hawaii State Senate (two seats), Speaker of the Hawaii House of Representatives (two seats) and the Chief Justice of the state Supreme Court (one seat). Commissioners meet every six years to evaluate salaries for executive, judicial and legislative officials. Their recommendations go into effect unless the Hawaii State Legislature votes to reject the entirety of the commission's final report. The commission last met in November 2012 and made recommendations for official salaries between 2013 and 2018.[5]

2022

In 2022, the officer's salary was $162,552, according to the Council of State Governments.[6]

2021

In 2021, the director received a salary of $162,552, according to the Council of State Governments.[7]

2020

In 2020, the director received a salary of $162,552, according to the Council of State Governments.[8]

2019

In 2019, the director received a salary of $154,812, according to the Council of State Governments.[9]

2018

In 2018, the director received a salary of $151,776, according to the Council of State Governments.[10]

2017

In 2017, the director received a salary of $148,800, according to the Council of State Governments.[11]

2016

In 2016, the director received a salary of $145,884, according to the Council of State Governments.[12]

2015

In 2015, the director received a salary of $143,028, according to the Council of State Governments.[13]

2014

In 2014, the director received a salary of $140,220, according to the Council of State Governments.[14]

2013

In 2013, the director received a salary of $108,972, according to the Council of State Governments.[15]

2010

In 2010, the director received a salary of $108,972.

Historical officeholders

Note: Ballotpedia's state executive officials project researches state official websites for chronological lists of historical officeholders; information for the Hawaii Director of Finance has not yet been added because the information was unavailable on the relevant state official websites, or we are currently in the process of formatting the list for this office. If you have any additional information about this office for inclusion on this section and/or page, please email us.

Contact info

Mailing address:
P.O. Box 150
Honolulu, HI 96810
E-mail: HI.BudgetandFinance@hawaii.gov

See also

Hawaii State Executive Elections News and Analysis
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External links

Footnotes

  1. 1.0 1.1 Hawaii Department of Budget and Finance, "About," accessed January 17, 2021
  2. Hawaii Revised Statutes, "26-8," accessed January 17, 2021
  3. Hawaii Department of Budget and Finance, "Contact Department of Budget and Finance," accessed January 17, 2021
  4. Department of Budget and Finance, "The FB 2023-25 Executive Biennium Budget," accessed December 8, 2023
  5. Commission on Salaries, "Report and Recommendations to the 2013 Legislature," March 18, 2013
  6. Council of State Governments, "Book of the States 2022 Table 4.11: Selected State Administrative Officials: Annual Salaries," provided to Ballotpedia by CSG personnel
  7. Issuu, "The Book of the States 2021," accessed September 22, 2022
  8. Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2020," accessed January 17, 2021
  9. Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2019," accessed January 17, 2021
  10. Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2018," accessed January 17, 2021
  11. Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2017," accessed January 17, 2021
  12. Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2016," accessed August 27, 2016
  13. Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2015," accessed August 27, 2016
  14. Council of State Governments, "Selected State Administrative Officials: Annual Salaries," accessed November 14, 2014
  15. The Council of State Governments, "Book of the States 2013, Table 4.11," accessed February 2, 2014