Posts Tagged ‘Regional Transit’


Deprecated: Function get_the_author_description is deprecated since version 2.8.0! Use get_the_author_meta('description') instead. in /nas/content/live/mygovcost/wp-includes/functions.php on line 5383

Feds Foil California Pension Reform


Wednesday August 31st, 2016   •   Posted by K. Lloyd Billingsley at 9:50am PDT   •   0 Comments

Shortly after signing a contract with general manager Mike Wiley, Sacramento’s Sacramento Regional Transit “slipped into financial duress from which it has yet to recover,” wrote Tony Bizjak of the Sacramento Bee. “The agency has tapped reserve accounts in the last three years to balance its budget, leaving it with virtually no emergency funds…
Read More »

Whopper Government Pension Raids Operating Budget


Monday June 27th, 2016   •   Posted by K. Lloyd Billingsley at 9:34am PDT   •   1 Comment

As we recently noted, the Regional Transit authority in California’s capital of Sacramento cut 20 administrative positions, saving taxpayers $1.5 million. In similar style, the salary of incoming business manager Henry Li is $14,000 less than that of outgoing boss Mike Wiley. Those reductions set a good example, but all is not well at…
Read More »

Facebook Twitter Youtube

Search MyGovCost