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San Fran Transit only works when the unions allow it. The government transit system is deep in debt and the poor and middle class are keeping it alive for the unions to continue taking bribes from workers.
Now the system has run out of money--how will the union keep it alive?
"Facing mammoth budget deficits for 20 years to come, the San Francisco Municipal Transportation Agency may ask city voters to increase vehicle registration fees, raise parcel and sales taxes, hike off-street parking rates or create a new “transportation utility fee.”
With salaries and benefits growing faster than agency revenues, the SFMTA must generate an extra $50 million each year, while also reducing annual expenditures by $30 million, according to Chief Financial Officer Sonali Bose.
Agency officials are investigating five revenue initiatives, one or more of which they plan to take before voters in November 2012."
The good news is that it will take a 2/3 votes to approve the bankrupting of the citizens of San Fran--even here that will not pass.
Sell the system, stop the bailout and allow folks to keep the money they earn.
More...
Now the system has run out of money--how will the union keep it alive?
"Facing mammoth budget deficits for 20 years to come, the San Francisco Municipal Transportation Agency may ask city voters to increase vehicle registration fees, raise parcel and sales taxes, hike off-street parking rates or create a new “transportation utility fee.”
With salaries and benefits growing faster than agency revenues, the SFMTA must generate an extra $50 million each year, while also reducing annual expenditures by $30 million, according to Chief Financial Officer Sonali Bose.
Agency officials are investigating five revenue initiatives, one or more of which they plan to take before voters in November 2012."
The good news is that it will take a 2/3 votes to approve the bankrupting of the citizens of San Fran--even here that will not pass.
Sell the system, stop the bailout and allow folks to keep the money they earn.
More...