Seattle Moronorail Project Executive Director Joel Horn is up for a $8,789 raise in his annual salary from $175,784 to $184,573.
On Horn's watch, the Moronorail has experienced a serious revenue shortfall. Only one bidder is still interested and the details of its proposal are still secret. The longstanding promise to break ground in 2004 and open a segment in 2007 has long fallen by the wayside. Is this man undercompensated at $175,784 a year? I'll let you decide.
But think for a moment about the financial consequences of giving Horn a $8,789 raise. In the grand scheme of a multibillion dollar project that doesn't make any sense to begin with, a measly nine grand is nothing. But the money still has to come from somewhere. The Moronorail is financed solely by a 1.4% motor vehicle excise tax. In order pay Horn's raise alone, Seattle would have to import an additional $628,000 worth of automobiles whose owners are willing to pay the MVET. That's the equivalent of 27 new Honda Accords.
Can I see a show of hands from any Honda owners on the Eastside who might volunteer to move to Seattle for the privilege of paying the Monorail tax so Joel Horn can get his a raise?
Posted by Stefan Sharkansky at December 16, 2004 02:27 PM | Email ThisHe got a two month pay severance package... of $720,000.
Posted by: Al on December 16, 2004 05:09 PMThose ST bozos, including the dude whose job was sacrificed to save the unaccountable Board members, deliberately avoided the normal public works procedure of soliciting competitive bids on a clearly defined design. Instead, a cartoon design with a politically correct lowball cost estimate was floated.
The Sound Transit Board then attempted in their secret 'negotiations' (no public bid opening for those commissars) to beat down the contractor's real-world price for the overambitious cartoon. The contractor laughed, the negotiations collapsed, and Sound Transit had to admit to the public that their 'conservative' cost estimate (yes, they called it that during the election) was grossly low, and that light rail of the length they'd promised couldn't happen for the dollars they could raise.
Then they dumped their Administrator and blithely proceeded with the project. Be very afraid.
Posted by: Insufficiently Sensitive on December 16, 2004 06:09 PM