Oops–We Forgot About the Operating Costs
12th June 2015
The city and state officials who promoted construction of Honolulu’s rail transit line now admit that they don’t know how they are going to pay for the cost of operating that line. Between 2019, when the first part of the line is expected to open for business, and 2031, those costs are expected to be $1.7 billion, or about $140 million per year. In 2011, the annual operating cost was estimated to be $126 million a year.
Honolulu has about a hundred bus routes, which cost about $183 million to operate in 2013, or less than $2 million per route. The rail line will therefore cost about 70 times as much to operate as the average bus route.
What is mere money when we have a chance to make Hawaii look like 19th-century New York?