Screwing our retirees is HOW WE ROLL

Screwing our retirees is HOW WE ROLL

Friday, December 28, 2012

SOMEBODY SHOW ME-WHERE IS THE BUDGET DEFICIT?

I must be doing something or not understanding something with this chart:
Most recent Trimet figures from Trimet dashboard
When I read the chart I see a total of $348.9 million in ACTUAL revenue.
And furthermore I see the budget called for  revenues  of $329.2 million.
I see they have a surplus of $10.7 million dollars.

What am I doing wrong?


2 comments:

Michael, Portland Afoot said...

I don't think anybody claimed there was a short-term deficit during the last fiscal year, did they? This was after several years in which they did draw down cash balances, though. And of course if you count the $80 million in additional retiree medical obligations, it's a deficit.

Al M said...

OK forget about FY 12
FY 13 shows $1,000,000 surplus.
Where is the $80 million you speak of accounted for?
AND, where did you get that number?
Has that been revised since the first arbitration decision or is that an old figure?
Additionally Where are your figures for Trimet management retirement?