His Share of the Take

The CEO of Valley Metro, Steve Banta, “went golfing on workdays, took 50 days off that did not count as vacation time, flew first class and failed to provide documentation for his expense reports,” says the Arizona Republic. Banta and his wife spent $26,000 of taxpayer money flying 56 times between Portland and Phoenix for “relocation-related trips.” A city auditor found $272,449 in “unallowable or questionable” expenses.

After the Republic revealed these excessive expenses, Banta, who previously worked for Portland’s TriMet, resigned. But then he changed his mind and, when Valley Metro’s board wouldn’t give him his job back, hesued Valley Metro for “wrongful termination and breach of contract,” asking for $1.65 million. The case was settled last week: without either side admitting any wrongdoing, Valley Metro will give him $125,000 severance pay.

Strangely, the Republic blames Banta’s behavior on Valley Metro, which “created a system that allowed him to” do these things. But that’s not really fair. On one hand, the public has a right to expect that any public official who is paid $265,000 a year will be honest in their use of taxpayer money. On the other hand, the real problem is that Valley Metro, like TriMet and so many other rail transit agencies, has become a giant scheme for transferring billions of dollars of taxpayers’ money to the pockets of rail contractors, manufacturers, and operators. It is only natural that agency officials seeing all that money going out the door for truly trivial transportation benefits would want to get their fair share of the take.

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