Posts Tagged ‘Cal Marsella’
Broken record: FasTracks financial situation gets worse
Like a broken record that gets stuck and keeps repeating the same thing over and over again, RTD once again delivered dire news to taxpayers about the FasTracks boondoggle. RTD now says that the project which has seen ballooning costs and budget shortfalls only has enough funding to build two of the six new rail [...]
Mayors chicken out – Now recommend FasTracks increase for the 2010 ballot
The Denver Metro Mayors Caucus has seen the writing on the wall and decided to recommend that RTD put off asking for a doubling of the FasTracks boondoggle tax until 2010. Previously the mayors recommended proceeding with the measure this year. The FasTracks project has become Colorado’s version of Boston’s ‘Big Dig’ with ballooning costs [...]
Reports: RTD Chief Cal Marsella to resign
Embattled Regional Transportation District (RTD) General Manager Cal Marsella is resigning his post according to a report on the Denver Post’s website. Marsella has overseen the district since 1995 and is the state’s highest paid official. In 2004 he oversaw voter approval of the FasTracks project which has quickly grown into a boondoggle with funding [...]
Only with RTD is a pay cut actually a pay raise
In the wake of RTD forcing salaried employees to forego their scheduled 3 percent pay raise, the ever magnanimous and generous RTD chief Cal Marsella told the RTD board yesterday, “I am willing to take the same hit as everyone else.” Just last month Marsella generously agreed to give up 3 percent of his $50,423 [...]
RTD General Manager Cal Marsella gets raise and bonus despite failures
The man who is already Colorado’s highest paid public official is getting a nice raise and bonus despite the fact the agency he oversees is besieged by major problems. Cal Marsella, RTD General Manager, whose base salary is already $290,286 will receive a 4.87 percent raise of $14,137 and a 12.5 percent bonus of $36,286. [...]
Mayors tell RTD to go for the FasTracks tax increase
Yesterday the FasTracks working group of the Metro Mayors Caucus came to the conclusion that it is better to ask for a tax increase now than wait. The FasTracks boondoggle is in dire straits with in excess of a $2 billion funding shortfall and the mayors have come to the obvious conclusion the project can’t be [...]
FasTracks – Comedy or Tragedy?
I really do try to limit my postings about the FasTracks boondoggle but with so much good ammunition out there, it is hard to resist. This past week has seen a flurry of stories about the project and how a bad situation is getting worse. Somehow though, local politicos continue to try to push the [...]
Taxpayers open your wallets – Mayors want RTD to ask for more money
The Rocky Mountain News is reporting that the metro mayors that are part of the North Area Transportation Alliance are backing giving RTD an opportunity to come at taxpayers for more money to fund the FasTracks / TaxTracks boondoggle. This is hardly shocking news as local politicos and much of the metro area continue to [...]
RTD says you want to pay more for FasTracks
Yesterday RTD released the results of a survey in which it said that a majority of respondents are willing to pay up to double the current tax for TaxTracks / FasTracks. Of 700 likely voters, the district survey claims that 64% either strongly support or somewhat support the tax increase that would allow RTD to [...]
RTD freezes staff pay while board gets a raise
Friday it was reported that the Regional Transportation District was introducing a salary freeze on its staff in the wake of a report showing a 9.6% decline in revenues. Certainly like all businesses, RTD is going to be forced to make some tough choices and freezing salaries is better than being on the street hunting [...]