Facing declining ridership and a $20 million annual deficit, San Jose’s Valley Transportation Authority (VTA) needs to be “right-sized,” says San Jose Mayor Sam Liccardo. Liccardo was recently made chair of VTA’s board of directors, and in some recent remarks to the board, he offered some ominous warnings about the agency’s future.
Despite the fact that Silicon Valley is in a period of “unprecedented prosperity” and the region’s population is steadily growing, he noted, ridership is declining, the agency had to do some one-time only budgetary hocus-pocus to meet last year’s payroll, and it is facing $100 million of annual capital needs including replacement of worn-out rail cars.
The good news, he said, is VTA has “2,1000 smart people” who “have solutions.” Unfortunately, those solutions so far have proven not to work. In fact, some have worked so poorly that it is reasonable to question just how smart those people are. Continue reading