ATI The Alliance for Traffic Improvement

Seeking cost effective ways to reduce traffic congestion on Oahu

 

 

In the 1992 Final Environmental Impact Statement (1992 FEIS), the City forecast the following for operating costs and revenues, ALL in $millions. Remember, these are their numbers.

In 1991 $'s

Operating expenses

Fares

Net subsidy

No Build (buses)

$104.6

$25.6

$79.0

Amended LPA (rail)

$149.2

$30.4

$118.8

Between 1991 and 2005 there has been a 29.6 percent increase in the cost of living (Honolulu CPI-U) and therefore we need to increase the 1991 forecasts by this amount to get to today's dollars.

In 2005 $'s

Operating expenses

Fares

Net subsidy

No Build (buses)

$135.7

$33.2

$102.5

Amended LPA (rail)

$193.5

$39.4

$154.1

 

 

Difference

$51.6

To get to the difference between buses and rail we merely have to deduct the bus subsidy from the rail subsidy to see what the impact would be according to the City and we know  that this is understated.

When you hear the number they have been bandying around lately of $22 million subsidy for rail, ask them how they got their numbers.

 

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