Saturday, October 11, 2014

The MTA: Revenue and Overtime

A reader sends this in:

Rob,

Each month MTA posts a Strategic Plan Progress Report that you can search for on their website. I've extracted the Sept. 2014 report with revenues and overtime tables, 2 pages long.

Notice on Parking Fees and Fines MTA already collected year to date $312 million, $24 million above their budgeted numbers.

Their total surplus year to date is $83 million.

On the second page is overtime. Numbers inside ( ) mean they are in a deficit. So far they are in a $15 million deficit.

All together they are in a $83 - $15 = $68 million surplus. Why then do they need an extra $500 million in Prop. A?




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2 Comments:

At 5:21 PM, Anonymous Anonymous said...

These MTA costs remind me of an article I still have bookmarked regarding all of SFGov spending....

"Despite its spending more money per capita on homelessness than any comparable city, its homeless problem is worse than any comparable city's. Despite its spending more money per capita, period, than almost any city in the nation, San Francisco has poorly managed, budget-busting capital projects, overlapping social programs no one is certain are working, and a transportation system where the only thing running ahead of schedule is the size of its deficit.

It's time to face facts: San Francisco is spectacularly mismanaged and arguably the worst-run big city in America. "

http://www.sfweekly.com/sanfrancisco/the-worst-run-big-city-in-the-us/Content?oid=2175354

 
At 9:18 PM, Anonymous Vince said...

"San Francisco is spectacularly mismanaged and arguably the worst-run big city in America."

San Francisco is also, arguably, the most politically correct big city in America. One would expect affairs to be run poorly where ideology trumps practicality. Been that way throughout all of history, left or right.

 

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