Honolulu’s City Council on Monday voted to urge the city to dump its decades‑old farebox recovery policy, the rule that sets automatic revenue targets for transit. The resolution, numbered 262, passed 8‑0 during the full council meeting. Councilmember Scott Nishimoto was absent for that portion of the session.
What the resolution would change
The measure takes aim at the farebox recovery ratio — the share of operating costs covered by rider fares — calling it outdated and unmet. The original 2000 rule set a target of 27–33%, and a 2019 update lowered it to 25–30%. The resolution states, “It is anticipated that the city will not comply with the farebox recovery ratio policy for fiscal years 2025 and 2026,” as reported by the Honolulu…..