comscore Price of rail could reach $9.5 billion | Honolulu Star-Advertiser
Hawaii News

Price of rail could reach $9.5 billion

  • CRAIG T. KOJIMA / NOV. 17

    Honolulu’s rail system could end up costing $9.5 billion, based on a scenario in which state and city elected leaders extend rail’s general excise tax surcharge another 10 years at the same 0.5 percent rate, according to a draft update of the rail system’s financial plan.

Rail officials disclosed Friday that the transit project’s financing costs could be dramatically greater than previously reported and drive the final price tag to around $9.5 billion. Read more

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