Doubled overhead 5x the debt service (interest on all these bonds we take out) 25% increase in pensions (fringe)
200M increase in expenditures. I'm glad to see the capital investment (if that's what "overlay" means) go up, but you can see the money spent on materials (buses, LRV's, trackets, etc.) has basically stayed static.
What is "operating transfers out"? That has gone up 10x.
As far as salaries go, I know my salary hasn't increased by 21% since 2010.
Yes, and all that money has only fed the bureaucracy in City Hall, not provided a better Muni system. And they want city voters to give them another $500 million in November!
2 Comments:
Let's see...
Doubled overhead
5x the debt service (interest on all these bonds we take out)
25% increase in pensions (fringe)
200M increase in expenditures. I'm glad to see the capital investment (if that's what "overlay" means) go up, but you can see the money spent on materials (buses, LRV's, trackets, etc.) has basically stayed static.
What is "operating transfers out"? That has gone up 10x.
As far as salaries go, I know my salary hasn't increased by 21% since 2010.
Yes, and all that money has only fed the bureaucracy in City Hall, not provided a better Muni system. And they want city voters to give them another $500 million in November!
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