Fix Oahu Now! Panos Prevedouros for Mayor of Honolulu

Let's get to work and Fix Oahu. Now!

Do We Need a Transit Authority? How Much Will Rail Cost?

Please vote NO on the City Charter Amendment for Transit Authority. Here is why:

PURPOSE OF AUTHORITY -- To manage a complex multi-city or multi-county transit system with multiple bus systems and rail lines.

IS IT GOOD FOR OAHU? -- We are one city and county. We have TheBus and one possible rail line. We have a very simple structure for our transit. The proposed Transit Authority is totally NOT needed...

... Unless you want the following "advantages":

PURPOSE OF AUTHORITY -- To circumvent procurement process including independent bond floats
IS IT GOOD FOR OAHU? -- NO

PURPOSE OF AUTHORITY -- To protect politicians from the failures and costs of rail
IS IT GOOD FOR OAHU? -- NO

PURPOSE OF AUTHORITY -- To divert taxpayer money from TheBus and TheHandivan to TheRail
IS IT GOOD FOR OAHU? -- NO

PURPOSE OF AUTHORITY -- To protect politicians from cuts to TheBus and TheHandivan
IS IT GOOD FOR OAHU? -- NO

PURPOSE OF AUTHORITY -- To provide senior City bureaucrats with higher salary positions
IS IT GOOD FOR OAHU? -- NO

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How Much Will Rail Cost Us?

HOW MUCH extra tax did the H-1, H-2 and H-3 Freeway cost Oahu taxpayers? Zero. They used 80% to 90% federal funds and our local gas tax.

HOW MUCH of the local gas tax went to build the entire H-3 Freeway? About 500 million in today's money.

HOW MUCH of local taxes will go to pay for rail? $3,000 million, or SIX TIMES more than we paid locally for the H-3 Freeway.

HOW MUCH will rail cost if you believe the City's numbers? $5,400 million.

HOW MUCH will rail cost if the cost overruns of Puerto Rico's rail happen to Honolulu? $9,700 million or about FOUR H-3 Freeways. Remember Puerto Rico is the only island that built a heavy rail like ours. They too had FTA oversight and Parsons Brinkerhoff as the lead planner and engineer. So our conditions are perfect for a 100% cost overrun like San Juan, Puerto Rico.

HOW MUCH of a mistake did they make for ridership? In San Juan (which is about two million people) they forecasted 80,000 daily rides for the opening year but actual was under 25,000. For Honolulu (which is 900,000 people) they forecast 97,000 rides in the opening year :)

HOW MUCH surplus money does Honolulu have available to pay for the rail? Honolulu today is in budget deficit (it balanced past budget shortfalls by borrowing money) and faces huge liabilities with sewer and road repairs, secondary sewage treatment and the employee retirement fund. It is estimated that property taxes will need to go up 40% to finish building the rail, with no cost overruns.

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