Honolulu $500 Million Short for Rail Project
The city of Honolulu is $500 million short of what it will need to fund the $5.3 billion commuter rail system voters approved last fall.
The budget shortfall was know as early as May, but was not revealed until recently, upsetting many in the city. Now officials are trying to figure out how to close the budget shortfall.
"The report and a follow-up July 15 e-mail outlined several options the city could pursue to make up for the lost revenue, including asking for more money from the state, the federal government, the military, private developers and the Honolulu International Airport.
The city also considered, but has since rejected, diverting federal funds intended for TheBus to pay for the rail project and extending the half a percentage point general excise tax surcharge beyond its original 2022 expiration date."
Published on Friday, August 21, 2009 in
- Surprising Ridership Data on Los Angeles Metro's New Expo Line Extension
- Inclusionary Zoning and Unintended Consequences
- The Cute and The Iconic
- The ASLA's New Guide to Resilient Design
- A Message to Suburban Counties: Invest in Transit or Get Left Behind
- The Days of 'Uber-for-X' May Be Over
- Redefining Success for Younger Generations
- CIAM's Third Way
- A First Look at New Migration Data
- The Value of Garbage Has Changed Dramatically
- Memphis Bus Riders Union Scoring Victories
- How to Manage Retreat in the Face of Sea-Level Rise and Nuisance Floods
- Op-Ed: Parking Concerns Can't Outweigh Affordable Housing
- Safety Gets Top Priority in San Francisco Street Reconfiguration
- Planetizen Week in Review: September 24, 2016
- Denver to Offer New Transit Oriented Height Bonuses for Affordable Housing
- California Transit Agencies Bring Affordable Housing to Scale
- 'Project Sidewalk' App Rates Accessibility
- JetBlue to Reduce Carbon Footprint with Large Purchase of Renewable Jet Fuel
- Roboboats, err...Roboats May Soon Navigate Amsterdam's Canals
