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July 24, 2009

Rail Cost Estimate Higher

The cost estimate of the Honolulu elevated mass-transit public rail system has risen from the previously estimated $5.17 billion to the current estimate of $5.29 billion. It is a result of high-than-expected inflation, which was 2.3% higher than expected. Still, Honolulu Mayor Mufi Hannemann says that this is considerably less than the $5.4 billion presented in last year's Mayoral ballot. I personally won't use the transit system... I would have placed the question on the ballot if voters would use the transit system, rather than if they supported it.

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