Connect Transit: Planning losses

By:  Diane Benjamin

https://drive.google.com/file/d/0B4zAZemF_qQuTWpzaE1qbUt2Wk0/view

Connect Transit held a Budget Work Session on May 2nd.  The documentation shows the massive operating losses will continue.  They want to increase advertising revenue, but that will have a minor effect on the loss.

The link above has some budget scenarios based on changing budget conditions.   Many of them contain this note without any explanation:

Knowing why Connect Transit may be expecting a 41% decrease from Heartland would be interesting, but the amount  barely makes a dent in the planned loses.

I found this statement interesting – PDF page 29:

How many surfaces got fixed?  What did get fixed?

Below is the first scenario showing the massive expected losses.  Below that is where the funding comes from.  Local governments are now up to $1,000,000.  The heavily in debt Federal Government and State of Illinois are making this redistribution of wealth possible.  Obviously neither have any intention of stopping.  Keep in mind – this is happening nationwide.



.
.
.

Advertisements

Comments

  1. The to be formed Transportation Commission is to have someone with “interest and experience” in mass transit. Wonder how this commission will have any impact. Wonder who will be appointed to represent the interests of CT.

    Like

  2. Black hole money sucking vortex!
    Tax paying lives MATTER!!

    Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

. .

wordpress stats plugin
%d bloggers like this: