BART officials get pay hikes as fares go up 5%
- Published Thursday, January 9, 2003, in the Oakland Tribune
Officials get pay hikes as BART fares go up
By Sean Holstege
As BART passengers adjust to paying 5 percent more to ride trains,
the transit agency's boss is getting a 5 percent pay hike, and a
complete compensation package that boosts his income 21 percent.
BART General Manager Tom Margro now earns $275,473, up from $228,620
In addition to a 5 percent raise voted on by the BART Board at its
last meeting of 2002, Margro got $18,300 from a spot bonus and an
additional scheme of BART's $363 million operating budget, it comes
after BART's toughest year in its 30-year history.
Patronage fell from an all-time high of close to 340,000 riders a day
to a current figure of around 305,000.
In the fall of 2001, the transit district narrowly averted a strike
by awarding its train operators, mechanics, station agents and office
workers 22 percent raises over four years.
Rising labor costs and sharp drops in ridership and sales tax
revenues have forced BART to raise fares for the first time since
1995, establish parking charges and cut the number and length of
Seismic repair bill
Last fall, voters in Alameda, Contra Costa and San Francisco counties
narrowly defeated BART's request for property taxes to pay a $1
billion seismic repair bill.
Contact Sean Holstege at sholstege@...