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Final Report - Honolulu Rail Transit Financial Plan Assessment

Final Report - Honolulu Rail Transit Financial Plan Assessment

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Published by Craig Gima
Complete final report of the Honolulu Rail Transit Financial Assessment ordered by Gov. Linda LIngle.
Complete final report of the Honolulu Rail Transit Financial Assessment ordered by Gov. Linda LIngle.

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Published by: Craig Gima on Dec 03, 2010
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11/08/2011

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Capital expenditure, operations and maintenance expense, and ridership forecasting have been of
particular interest to the FTA in their reviews of past rail projects because of persistent differences
between plan estimates and actual results. An accurate understanding of what costs and revenues
will be into the foreseeable future allows a transit authority to know what level of subsidies will be
required to operate and maintain the system over the ensuing decades. Following are summaries
of lessons learned from past projects on these three metrics as well as a few others.1 Following the
discussion, there are several tables that attempt to summarize the capital expenditure forecasts
while showing risk factors for each project included.

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