METRO CEO and President George Greanias announced today that METRO’s budget for the 2011 fiscal year will be down by 31.2 percent (to just under $1 billion). Greanias said that he is not going to spend money he does not know for sure METRO will have. They have not received federal money ($600 million) they were expecting to expand.
The budget neither calls for an increase in fares nor layoffs. You can see the full budget here, but here are the highlights:
– A push for more use out of Park and Ride lots.
– A reduction in office supplies and perks for executives.
– A requirement for senior managers to ride public transportation 40 times a month. Greanias said that they can only be successful if they use their own product and believe in it.
– Cutbacks in METRO’s car allowances and staff take-home cars.
– Advertising on the buses.
– Canceling its $28,000 annual contact with a company that cares for potted plants in its offices.
Finally! These are real changes that will make a real difference. Thank you, George Greanias. It sounds like you actually get it!