“People don’t understand the transit system is so close to collapse,” said one advocate.
. In the coming five years, the Bay Area’s seven largest operators face a cumulative $2 billion operating deficit, according to the MTC, which oversees regional transit financing.
“You add up all these problems, and for them to step forward and say ‘there is a doomsday scenario, give us your taxes’ – it’s a hard pill to swallow,” said state Sen. Steve Glazer from Orinda. “Now they want to basically ignore the meal and have taxpayers pay the check.” “The cost of the service has increased,” said Jonathan Rewer, the chief financial officer at SFMTA, which runs Muni. He cited a labor contract that increased wages by 11% over three years starting in 2019, rising fuel costs and other inflationary pressures., when the billions of dollars in federal assistance they received over the pandemic run dry.
“You’re cutting service until people can’t get on the train,” said Michael Eiseman, BART’s financial planning director.
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