Cayetano sees shifting rail revenue to bus system

The mayoral candidate says the law on the tax surcharge allows for his BRT proposal

By Kevin Dayton / kdayton@staradvertiser.com

POSTED: 01:30 a.m. HST, Oct 16, 2012

~~<p>Mayoral candidate Ben Cayetano says he would use revenue from the state general excise tax surcharge currently designated for rail to fund a new Bus Rapid Transit system, and do it without seeking special permission from the state Legislature.</p>
<p>The excise tax surcharge is expected to raise nearly $3.36 billion, which the city intends to spend on the planned 20-mile rail system.</p>
~~

Mayoral candidate Ben Cayetano says he would use revenue from the state general excise tax surcharge currently designated for rail to fund a new Bus Rapid Transit system, and do it without seeking special permission from the state Legislature.

The excise tax surcharge is expected to raise nearly $3.36 billion, which the city intends to spend on the planned 20-mile rail system. Login for more...