HBR News

$55M in GET collected for rail construction

The Honolulu Authority for Rapid Transportation (HART) received $55.1 million in General Excise and Use Tax (GET) surcharge revenue for the third quarter of calendar year 2016. The quarterly installment of GET surcharge revenue covers the months of July, August and September, and is about $4 million dollars less than was estimated for the quarter based on the project’s current financial plan. HART is presently updating the financial plan and project budget

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Matrix Updates

Beginning in late October 2016, you'll be able to edit your MLS listings on the go--using your mobile device. Other updates to Matrix, which will be effective Thur., Oct. 13, include:

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Condemnation Policy Passed by Budget Chair Kobayashi

Resolution 169, introduced by councilmember Ann Kobayashi, would establish a council policy to suspend any council approval for acquisition of real property along the rail transit line. According to the resolution, a June 6, 2016, Federal Transit Administration (FTA) letter sent to the Honolulu Authority for Rapid Transportation (HART) and the administration criticized the lack of cost containment on the rail project, which has increased from an original project cost of $5.2B to $8.3B.

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First Hawaiian Bank

First Hawaiian Bank