Committee Considers Ferry Subsidy
Possible financial aid is in sight for the Molokai ferry, whose recent losses in ridership and funds have forced company president David Jung to consider a shutdown as early as June.
On May 15, the county’s Budget and Finance Committee will discuss a bill in which Mayor Alan Arakawa has proposed a $105,000 subsidy for the ferry. The money would come from the county’s Economic Development Revolving Fund (EDRF) and apply to the 2015 fiscal year, which ends June 30.
“The ferry throughout the year has seen a decrease in ridership as hard times have come to Molokai,” said Jung, testifying at the county council’s May 7 meeting.…