General Fund Forecast Council on Revenues General Fund Forecast: $250M Cut By Wayne Yoshioka • Mar 14, 2017 The Council on Revenues lowered its General Fund Forecast yesterday. The Council’s forecast is the basis for the Governor’s and Legislature’s budgets. HPR’s Wayne Yoshioka reports. Council on Revenues Lowers General Fund Forecast by $34M By Wayne Yoshioka • May 24, 2016 The Council on Revenues tweaked its state revenue forecast downward today despite numerous economic indicators pointing to an upward trend. HPR’s Wayne Yoshioka reports.