Honolulu Authority for Rapid Transportation Executive Director and CEO Dan Grabauskas said sequestration will mean the city will get $236.2 million for the project this year as opposed to the $250 million that was anticipated.

The $14 million hit, however, shouldn’t impact the cash flow for the project as construction has been stalled due to a lawsuit involving archaeological inventories along the proposed 20 mile rail line.

Grabauskas said the expectation is that Honolulu will be able to recoup the sequestration cuts in future years as the rail system is built and the city gets reimbursed by the federal government for its expenses.

Honolulu has a $1.55 billion grant from the feds to build the $5.2 billion rail system.

—Nick Grube