Quantcast
  

Wednesday, April 23, 2014         

 Print   Email   Comment | View 57 Comments   Most Popular   Save   Post   Retweet

Rail project loses $14 million in sequestration cuts

By Star Advertiser staff

POSTED:
LAST UPDATED: 11:32 a.m. HST, Apr 11, 2013


Honolulu's rail project will receive $14 million less in federal dollars this year than anticipated due to budget sequestration cuts, officials announced today.

The project will get $236.2 million for 2013 instead of the agreed-upon $250 million — a 5.6 percent reduction, Honolulu Authority for Rail Transportation CEO Dan Grabauskas said during a joint HART-Oahu Transit Services board meeting.

Federal Transit Administration officials had signaled there could be some sort of sequestration-related cut in the 2013 funding, but that it would be made up in subsequent years of its six-year, 1.55-billion funding agreement with HART.  Grabauskas said it's not clear yet when that $14 million will be made up.

“Cuts are never good news,” Grabauskas said, but the 5.6 percent reduction is "one we can absolutely live with in terms of cash flow this year.”







 Print   Email   Comment | View 57 Comments   Most Popular   Save   Post   Retweet

COMMENTS
(57)
You must be subscribed to participate in discussions
By participating in online discussions you acknowledge that you have agreed to the TERMS OF SERVICE. An insightful discussion of ideas and viewpoints is encouraged, but comments must be civil and in good taste, with no personal attacks. Because only subscribers are allowed to comment, we have your personal information and are able to contact you. If your comments are inappropriate, you may receive a warning, and if you persist with such comments you may be banned from posting. To report comments that you believe do not follow our guidelines, email commentfeedback@staradvertiser.com.
Leave a comment

Please login to leave a comment.
iansuen wrote:
YES! Make the rial bankroupt!!!
on April 11,2013 | 11:43AM
cojef wrote:
The big squeeze is yet to come, with heavy weight Dan gone, the current contingent of representatives/snators do not wield enough power to deliver the bacon for the Rail.
on April 11,2013 | 11:51AM
OldDiver wrote:
This is completely expected. The rail construction is not affected and will still be built on time. This won't stop the anti-rail folks from spreading their nonsense.
on April 11,2013 | 11:57AM
pakeheat wrote:
Yeah right OD, was this expected or unexpected when rail was approved back in 2008? So how are we going to make up for the loss and if we get less and less each time? Stop the smoke and screen, get real.
on April 11,2013 | 12:18PM
al_kiqaeda wrote:
Yeah, we totally expected it too. We also expect that you are going to spin us until this boondoggle ends up unused after a short run. Then we expect you to tell us that it was the fault of the economy, the President, Congress, the Mayor, the past City Council...ad nauseam. The Rail was a good idea run by a bunch of people that have hidden agendas.
on April 11,2013 | 02:04PM
false wrote:
You're funny.
on April 11,2013 | 12:23PM
Kahu Matu wrote:
Will you also tell us later that it is completely expected when this boondogle costs billions more than expected, ridership is lower than anticipated, unions & politicians will continue to skim money and jobs off of it, and the entire thing fails to be fully completed? Wake up OldDiver and stop being so blinded by politics.
on April 11,2013 | 12:57PM
inlanikai wrote:
Of course not. He gets paid to tow the company line.
on April 11,2013 | 01:28PM
NanakuliBoss wrote:
Most anti said Rail will get nothing? It's coming.
on April 11,2013 | 02:21PM
inlanikai wrote:
Don't give me this c#%^. You and BB have been telling us since day one the money has been approved with all sorts of assurances and disparaging remarks to all of us who always said that nothing was certain until the money was in the bank. Now you want to tell us that "this was expected"? What, you have a hotline to the White House? Are you clairvouient? This is indicative of a lengthy, politically influenced, multi-year, multi-billion dollar project where nothing is either certain nor "expected".
on April 11,2013 | 01:19PM
livinginhawaii wrote:
Agreed. He is a pro rail blogger who, based on previous comments, is clearly not from Hawaii. He may be one of the paid bloggers...
on April 11,2013 | 02:52PM
localguy wrote:
OldDiver and BluesBreaker are one in the same. Grabby Boy. Yes, leader of HART minions himself is a paid blogger for HART. Uses to names to hide his true identity. Didn't work, we all saw right through him.
on April 11,2013 | 03:11PM
frontman wrote:
For the 48% of Hawaii people that pay taxes, HOLD on to your wallet, they are going to ask for more.
on April 11,2013 | 01:29PM
Wazdat wrote:
you live in FANTASY LAND. WAKE UP OD
on April 11,2013 | 01:58PM
Kalaheo1 wrote:
OldDiver wrote: "This is completely expected."

Wait?! You knew all along that the GET collections weren't going to generate what they were supposed to and that the Feds would start shortchanging and backing away from this mess?

If you knew that, you should have said something! It's almost like you guys are trying to create a false impression of financial solidity


on April 11,2013 | 02:15PM
livinginhawaii wrote:
Agreed. He is a pro rail blogger who, based on previous comments, is clearly not from Hawaii. He may be one of the paid bloggers...
on April 11,2013 | 02:55PM
localguy wrote:
OldDiver - Really? Where is that rail swagger you had? So confident it would be untouched. Looks like someone kicked you in the shins, giving you a dose of financial reality. Hang on, more cuts will come. Rail cannot compare to Medicare, Airport Control Towers, Federal Worker's Salaries. Yes, rail will be cut to make up for these and other shortages. Rail is not a core government service. More like Alaska's bridge to nowhere.
on April 11,2013 | 03:10PM
false wrote:
OD: Where's the beef?
on April 11,2013 | 05:07PM
allie wrote:
I told you all this would happen over a year ago. Kiss of the rail.
on April 11,2013 | 11:58AM
NanakuliBoss wrote:
I say Slater run for Mayor, once and for all!
on April 11,2013 | 02:57PM
1local wrote:
why not just cut the entire $1.5 billion? Caldwell can just tax and borrow the entire amount of rail - Oahu taxpayers and businesses are still eating and bathing...
on April 11,2013 | 12:05PM
false wrote:
Take of the road, sewers, parks etc. That not going to work since a lot of pay back is expected I guess. Ah well build the dang thing.
on April 11,2013 | 12:25PM
frontman wrote:
For the 48% of Hawaii people that pay taxes, HOLD on to your wallet, they are going to ask for more.
on April 11,2013 | 01:28PM
NanakuliBoss wrote:
The antis hui is getting a new name from the past to run against Caldwell. Remember Rod Tam?
on April 11,2013 | 02:59PM
MakaniKai wrote:
Eh, where is MalamaKaAina????? Good rail news for him/her. Aloha.
on April 11,2013 | 11:50AM
false wrote:
Is that one of the reasons for going after The Bus?
on April 11,2013 | 12:23PM
Kahu Matu wrote:
I think the Bus management is so that they will have something to fall back on when the rail fails or at least to give them more power in "CREATIVE BUDGETING". End result is that our Bus will go down with the mismanagement of rail.
on April 11,2013 | 12:59PM
ponowai wrote:
Not surprised. Expect the same in the following years. What's Grabasskas gonna say then?
on April 11,2013 | 12:33PM
sailfish1 wrote:
If HART controlled the Bus, they can take money from the Bus budget and put it toward the Rail. Oh, wait, the Dept. of Transportation did that before didn't they? Yeah, but if HART controlled the Bus, they can do it and keep it hidden.
on April 11,2013 | 12:34PM
ponowai wrote:
I wonder what the Mayor will want to increase taxes on next, spam & rice?
on April 11,2013 | 12:37PM
false wrote:
ponowai: Maybe they'll tax rail tickets.
on April 11,2013 | 05:10PM
steveoctober wrote:
It'll be made up with new taxes. Already on the proposal book for the mayor is the "Sandwich tax" - anyone eating a sandwich will be imposed an additional tax to help pay for rail.
on April 11,2013 | 12:45PM
Galajr wrote:
Here we go again, I expect the taxpayers to pick up the tab.
on April 11,2013 | 12:59PM
inlanikai wrote:
Count on it. Now you know what the $400 million credit line from the City Council is for.
on April 11,2013 | 01:21PM
frontman wrote:
For the 48% of Hawaii people that pay taxes, HOLD on to your wallet, they are going to ask for more.
on April 11,2013 | 01:29PM
Kalaheo1 wrote:
Let's see. The pre-rail cheerleaders were wrong about the GET collections and now they're wrong about the Feds "promise" of money.

It's not taking this house of cards long to blow down.

Do they really think that sequestration is a withholding and all the cutbacks this year will reappear as "bonuses" next year?


on April 11,2013 | 01:05PM
inlanikai wrote:
Sequestration is a10 year plan. It only gets worse.
on April 11,2013 | 01:23PM
NanakuliBoss wrote:
I see Doom,it only gets worst.
on April 11,2013 | 02:24PM
NanakuliBoss wrote:
Record stocks? Tourist records? Huh?tea party doom and gloom.
on April 11,2013 | 02:24PM
markat wrote:
Newsflash....Mayor Caldwell proposes new Air tax. You breathe, you pay....unless you pay off somebody to get an exemption. Then, everybody else pays your share. Business as usual.
on April 11,2013 | 01:10PM
allie wrote:
giggle....
on April 11,2013 | 01:29PM
false wrote:
markat: "The problem with Socialism is that you eventually run out of other people's money." Margaret Thatcher.
on April 11,2013 | 05:12PM
frontman wrote:
For the 48% of Hawaii people that pay taxes, HOLD on to your wallet, they are going to ask for more.
on April 11,2013 | 01:28PM
Mythman wrote:
"cash flow"?
on April 11,2013 | 01:33PM
OldEnoughToRemember wrote:
No worries, they have an unlimited source of funding...your wallet!
on April 11,2013 | 01:49PM
al_kiqaeda wrote:
Love that screen name!
on April 11,2013 | 01:59PM
OldEnoughToRemember wrote:
THX! \o0o/ 's
on April 11,2013 | 04:30PM
saveparadise wrote:
We told you so. Bad omens everywhere.
on April 11,2013 | 01:53PM
Wazdat wrote:
When this ABSURD rail project is done (if it ever is) the cost will be WAY MORE and we will look back and say. THAT WAS A DUMB IDEA and a HUGE WASTE OF MONEY. Since rail will NOT HELP TRAFFIC.
on April 11,2013 | 01:57PM
kennie1933 wrote:
Here we go! Reduction of 5.6% this year, a little more the next, and the next. In the meantime, the price of everything else related to rail goes UP. Guess what Oahu people? The "temporary" 4.7% tax is going to be PERMANENT if not higher!
on April 11,2013 | 02:45PM
localguy wrote:
Grabby Boy was so confident HNL Rail would survive with no financial cuts. Was he ever wrong. Now it looks like everyone at HART will have to tighten their belt to make up for the shortage. They might want to find cheaper work space and no, do not even think about a pay raise for anyone. Also might want to look at all recent hires. If they are not really doing their job, as in they cannot until rail is built, fire them all. Taxpayers will not give you any more money to waste.
on April 11,2013 | 03:08PM
jusjoking wrote:
grabby was referring to cuts in his personal funding. all is well at HART, or he wouldn't have received his performance raise today.
on April 11,2013 | 05:13PM
false wrote:
The Rail is a City Solution to a State crisis. How did the City get involved in this?
on April 11,2013 | 03:11PM
false wrote:
Last i heard, it was the H-1 and H-2 that were getting bogged down, and both are Federal Highway systems run by the State. How does the City fit into all this?
on April 11,2013 | 03:13PM
false wrote:
Somebody that looked like one of us promised TheTrain, so that an election guarantee victory. Now where is that politician?
on April 11,2013 | 03:13PM
localguy wrote:
The Nei is short over $5 billion in the retirement fund and $16 billion in the medical fund for a total of $21 billion shortfall. How can we even think of rail with that debt hanging over our heads? Truth is the $21b will never be made up, there is no money to do it and provide all core government services. And Neil thought iPads for kids and pre kindergarten were "Core government services" No wonder we will never get out of debt.
on April 11,2013 | 03:14PM
awiki wrote:
Ben was correct, rail is going to be in financial trouble and the only way to get out of this mess is raise our taxes .
on April 11,2013 | 09:25PM
IN OTHER NEWS
Breaking News
Blogs
Political Radar
Reversal

Political Radar
Yield

Political Radar
`Plagued’

Political Radar
`Plagued’

Wassup Wit Dat!
Da Chicken Or Da Egg?

Warrior Beat
Depth perception

Political Radar
HB 1700 — Day 3