Thursday, July 27, 2023

PSTA HeadsTowards Fiscal Cliff Again As Big Pay Raises Funded with 1-time COVID Money & Escalating Operating Expenses Comes Home to Roost

Pinellas County Transit agency PSTA is heading towards insolvency. They used one-time COVID dollars to hand out large raises now baked into PSTA's budget. PSTA depleted almost $100M of COVID dollars over the last few years.

PSTA knew they were heading towards a fiscal cliff last year. The then governing PSTA board approved huge pay raises, implemented "free to the rider" SunRunner rides and did nothing to alleviate PSTA's fiscal hemorrhaging.