$55M in GET collected for rail construction
- Details
- Published: November 16, 2016
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