The SOS distress signal on PSTA is out.
PSTA ridership has declined 20% over the last 5 years. PSTA has been fiscally mismanaged for years and is currently bleeding its own reserves to keep operating.
But PSTA CEO Brad Miller, his staff and the governing PSTA Board have refused to responsibly address PSTA's failing financial position.
While PSTA is on its way to insolvency, PSTA is pursuing transit grants for a proposed $42 million Central Avenue BRT (CA BRT) that removes lanes of vehicle traffic and parking along its route for bus only lanes. This costly and unnecessary project duplicates existing routes and is a boondoggle and a bailout to financially distressed PSTA.
