UPDATE: City Council Demands More Financial Details About Rail Plan
The City Council’s transportation committee is demanding more detail about the city’s financial plan for the Honolulu High-Capacity Transit Corridor Project, a topic we’ll be exploring in a story tomorrow.
“We want to know the financials,” explained Council member Romy Cachola. “What’s the funding for the first, second and third segments? What are the timelines? If they have $5 and spent $2, what did they spend it on?” The committee suspects revenues may fall short, and believes information from the city has been insufficient.
As of Wednesday morning, nobody had signed up to testify. But the public is invited to comment on the , which asks for specific explanations regarding the rail project’s revenues and expenditures. The meeting takes place at 9 a.m. Thursday at Honolulu Hale. .
Meanwhile, we invite you to join the ongoing discussion about rail.
