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What wrong with this picture? (Hint: Everything!) |
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Monday, 30 August 2010 08:29 |
Looking at the total income at HRT, 22% is from fares, 19.5% from the federal government (us), 12.4% from the State (us) and 24.5% from the localities (us). So, we not only pay locally, but we pay from our federal and state taxes.
This is even more alarming in that in over the last 5 years, the costs have increased an average of 8% per year with fares remaining flat and service increasing only minimally. Has everyone in Virginia Beach had an average income increase of 8% annually over the last 5 years? The cost increases were mainly due to salaries and benefits (they are union workers), 53% of the cost increases.
Add to this a CEO whose salary is more than the President of the United States ($480,000), the mindset that permitted the previous COE was allowed to stay at home for a year and do nothing for over $100,000 annually and not prosecuting two employees who are accused of stealing from the fare boxes (Virginia Beach finally had to press charges).
Also, HRT had major cost overruns on the Norfolk Light Rail, has huge legal bills to improper taking of land, etc. and cannot provide a decent bus system for Virginia Beach.
Being a monopoly, HRT is not forced to be effective and efficient, as we have seen in SPSA (monopoly) that has some of the highest rates in the nation.
All this is very important because if Virginia Beach approves light rail, HRT will be managing the system. Do you see any problem with this picture?
Ben Krause - Virginia Beach
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