Summary
Testifiers Albert Perez and Dick Mayer insisted the code requires a fiscally sound financial program, not just a spending wish list. Deputy Corp Counsel Hopper said the draft meets minimum requirements but the council can demand more precision — including revisiting a CPAC-deleted transportation funding policy (impact fees, rental surcharges).
At a glance
- Total mentions
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- Last 30 days
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Impact analysis
Member Cook estimated ~$600M in CIP bonds would cost ~$34.5M/year in debt service, and noted Tier 3 non-owner-occupied South Maui property taxes generate ~$162M/year.
Ratepayers and taxpayers if revenue sources are identified before infrastructure is promised.
Future councils and residents if unfunded infrastructure commitments strain the budget.
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