Hawaii Director of Finance
|Hawaii Director of Finance|
|Office website:||Official Link|
|Length of term:||4 years coterminous with the governor|
|Authority:||Hawaii Revised Statutes, 26-8|
|Selection Method:||Appointed by the governor|
|Name:||Kalbert K. Young|
|Assumed office:||February 15, 2011|
|Other Hawaii Executive Offices|
|Governor•Lieutenant Governor•Attorney General•Director of Finance•Auditor•Superintendent of Education•Agriculture Commissioner•Director of Commerce and Consumer Affairs•Chairperson of Land and Natural Resources•Director of Labor and Industrial Relations•Public Utilities Commission|
The current director is Kalbert K. Young, who assumed office on February 15, 2011, following his appointment by Governor Neil Abercrombie. Young's term will end in December 2014, along with Abercrombie's.
Before becoming director of finance, Young was director of finance for the County of Maui. He previously worked in government affairs and budget & financial planning for Kamehameha Schools Bishop Estate.
The office of director of finance is established by state law.
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.
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.
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.
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.
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.
There are no term limits associated with the office of director of finance.
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.
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.
- Administrative and Research Office
- Financial Administration Division
- Budget, Program Planning, and Management
In 2010, the director received a salary of $108,972.
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P.O. Box 150
Honolulu, HI 96810