Rail

Honolulu lawmakers discuss funding options to complete light rail project

Posted on August 16, 2017

Rendering of HART railcar.
Rendering of HART railcar.

HONOLULU — Two weeks before the legislature is set to meet in a special session to provide a method of funding for Honolulu’s beleaguered light rail project, state lawmakers conducted a joint legislative hearing, resulting in no consensus for any one of the possible solutions suggested, Hawai’i Public Radio reports.

Mayor Kirk Caldwell and the City suggest extending the General Excise Tax surcharge to raise the approximately $2.5 billion needed to complete the project, however, the House Finance Committee Chair said a 10-year extension would result in a cash surplus, before suggesting using a hotel room tax, Transient Accommodations Tax, or both, could save taxpayers billions in finance charges.

The Honolulu Authority for Rapid Transportation has a September 15 deadline to submit its financial plan to the Federal Transit Administration. During the hearing, Interim HART Executive Director/CEO Krishniah Murthy said the agency is not looking at any other sources of funding, besides those already suggested, to be complete the project at this time. For the full story, click here.

View comments or post a comment on this story. (0 Comments)

More News

Sound Transit adding 5 more Brookville Equipment Corp. LRVs

The new cars will begin arriving in the third quarter of 2020 and complete delivery by the first quarter of 2021.

San Francisco rolls out first of new Siemens light rail vehicles

The trains for SFMTA include features informed by public input including a new seating configuration, new interior color schemes, and new exterior design.

STV lands 2 NY consulting contracts

Contracted by the Westchester County Department of Public Works and Transportation to develop specifications for the procurement of hybrid-electric articulated buses and was tasked by the County of Rockland Department of Public Transportation to provide technical support for its Transport of Rockland bus procurements.

Metra breaks ground on 136-year-old bridge replacement

The bridge is situated over the Fox River along the Milwaukee District West Lake in Elgin, Ill.

Japanese rail line apologizes for train leaving early

In the statement, the company noted that it hadn't actually received any complaints regarding the incident.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close