The Abercrombie administration and state House and Senate leaders are awaiting today’s forecast from the state Council on Revenues to see if projected revenue growth holds.

In September, the council predicted 14.5 percent growth for the fiscal year that ends in June.

The Abercrombie administration based its supplemental budget request on the forecast, but left a cushion that anticipates a surplus even if the forecast drops to 13 percent.

At an informational briefing Wednesday at the state Capitol, state Rep. Isaac Choy (D, Manoa) asked state Budget Director Kalbert Young what would happen if the forecast drops to 10 percent or even 8 percent growth.

Young, who described the council’s previous forecast as "overly optimistic," said the administration would have to make adjustments and provide lawmakers with an updated budget plan.

"But until the council meets, I won’t know if our contingency is aggressive enough to match up with what their advisement would be," Young told the state Senate Ways and Means Committee and the state House Finance Committee.