Fact Sheet: Mounting Cost of CAT Mismanagement
•Fixed route service that costs $5 million, or 40%-50% more than other transit providers in this region
•Double pensions, publicly funded, for executives; $84,000 cost in 2016
•Executive severance; $51,000 estimated cost excluding the following:
•Promise to not challenge a UC claim filed after severance payments cease (indeterminate cost to CAT/taxpayers)
•Allowed to file claim if exec. pension is not fully funded (indeterminate cost to CAT/taxpayers)
•Interim general manager cost approximates an annualized $250,000
•$228,000 base fee + reimbursement of “all living expenses”
•2015 expansion of 11 allowable “no shows” policy to cover CAT management
•Forgone transit subsidy relief/abatement of $900,000+ annually or $5M over 5 years
•This forgone savings represents an ongoing, and recurring, cost borne by Dauphin, Cumberland and City of Harrisburg taxpayers
•Forgone regional transit benefits, borne by riders, businesses and communities:
•Seamless regional travel,
•Cost savings can be used to reduce or delay fare increases,
•Elimination and productive redeployment of current redundant service throughout the region, etc.