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How did we get here ? <br /> Hawaii State Legislature <br /> ► 2006 - Act 247, SLH 2005 granted county surcharge up to 0.5% on the GET to <br /> fund county public transportation systems. <br /> ► Projected cost: $3.6B <br /> ► 2015 - Legislature and City Council approved an extension of the surcharge <br /> through 2027. <br /> ► Projected costs: $6.57B <br /> ► Five-year extension of the GET (2022-2027) was anticipated to yield $12B in <br /> additional funds. <br /> ► 2017 - the City sought an GET extension via SB 1 183 <br /> 10. Projected costs: $8.2B <br /> tA- Includes contingency funds <br /> Excludes debt service ($lOB projected cost with rail financing) <br />