Monday, June 6, 2016

DC Metro Transit in Trouble

The Washington (DC) Metro Area Transit Authority is in trouble. Its equipment is in disrepair and it is broke. Why? Well, consider this.

The most common WMATA job, a bus operator, requires a driver’s license and a high school diploma or equivalent. The job pays an average of $63,000, with extensive benefits and overtime pay. This salary is 57 percent higher than the national average for transit system bus drivers ($40,160) and 66 percent higher than the average salary of a non-transit bus driver in the area ($38,000). With overtime, WMATA bus drivers can earn more than $100,000 a year. Wages and benefits consume nearly 78 percent of its operating budget, and the share would be larger still if Metro properly funded its employee pension liabilities. Metro spends $3.10 in labor costs for each passenger trip, compared with $1.92 in New York’s Metropolitan Transportation Authority and $1.88 in Boston’s Massachusetts Bay Transportation Authority.

Anyone have an idea about how they might save some money? Anyone? Buehler? Anyone?

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