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The Honolulu Authority for Rapid Transportation's (HART) finance committee recently approved proposed operating and capital budgets for fiscal-year 2013. The budgets now will be reviewed by the mayor and City Council.
 
The committee approved a $22.8 million operating budget and $491.5 million capital budget. Prior to adopting the FY2013 budgets, HART’s board plans to conduct another public hearing. HART governs the $5.5 billion Honolulu Transit Rail project, which calls for building a 20-mile, 21-station elevated rail system connecting East Kapolei with Ala Moana Center.
 
Board members also approved a recruitment plan and position description for a permanent executive director and chief executive officer. The city of Honolulu selected Krauthamer & Associates Inc. as the search firm; the board plans to hire a permanent executive director/CEO in the first quarter. Krauthamer & Associates recently helped Bay Area Rapid Transit’s board search for general manager candidates.