Kobayashi Reinstates Rail Construction Money

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Budget Committee Chair has indeed agreed to reinstate nearly $300 million of bond-financed construction money on the condition that HART doesn’t encumber any of that money until an FFGA is complete.

There’s still a small discrepancy between the $274 million Kobayashi wants to give and the $292 million is requesting. It’s a function of which bonds are used to pay for construction.

UPDATE: Staffers from HART and the Budget Committee huddled and apparently determined the capital budget balances with the $292 million of bond construction.

Testimony on Bill 32 now.

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