Budget, Finance, and Economic Development Committee (2025-2027), March 25, 2026
Votes on Administration and Management of Grants
What happened
The Budget, Finance, and Economic Development Committee met on March 25, 2026, receiving the mayor's proposed FY27 budget and hearing from UHERO's Dr. Carl Bonham on economic conditions affecting Maui County.
- Jurisdiction
- Maui County, HI
- Governing body
- Advisory (makes a recommendation)
- Date
- March 25, 2026
- Decisions
- 3 zoning decisions
- Outcome
- Deferred
Free sample: decision 1 of 3
Economic Outlook Discussion with UHERO
Committee received presentation from Dr. Carl Bonham of UHERO on economic conditions affecting Maui County, including impacts of Iran war on oil prices, tourism dependency on US visitors, and long-term economic challenges. Item deferred for follow-up questions to be submitted in writing.
The other decisions are listed below by title. The full write-up, verbatim conditions, and the audio at each vote are in Pro.
Meeting Summary
The Budget, Finance, and Economic Development Committee met on March 25, 2026, receiving the mayor's proposed FY27 budget and hearing from UHERO's Dr. Carl Bonham on economic conditions affecting Maui County.
Key Decisions (3)
Economic Outlook Discussion with UHERO
Administration and Management of Grants
BFED-1 Proposed FY27 Budget Procedures
Development Activity (1)
Grants Division Creation
Other
Market Signals (5)
Housing Demand
UHERO reports median condo prices on Maui fell 23% from…
Sentiment
UHERO forecasts continued population decline on Maui through the rest…
Commercial Demand
High-end visitor spending is sustaining Maui's tourism economy, with only…
Meeting Intelligence Preview
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