Recent Stories with tag st2

Joni Earl

When Sound Transit CEO Joni Earl presented her Proposed 2011 Budget of nearly $1.1 billion to the Sound Transit Board on Thursday afternoon, she had a sobering message: Faced with a 25-percent revenue shortfall since 2008 (amounting to $3.9 billion), Sound Transit will not be able to meet all the objectives in the planned 15-year time frame for Sound Transit 2 approved by voters in 2008.

The good news is that Sound Transit's project management toolbox no longer includes hiding under the bed and waiting for bad news to go away.

"No organization can confront an expected 25 percent reduction in revenues without asking--and answering--hard questions about priorities," Sound Transit Board Chair and Snohomish County Executive Aaron Reardon was quoted as saying in a Sound Transit release. "It is important that we address these issues now and continue to move forward with expanding the region's mass transit system as rapidly as we can."

Earl outlined a series of program realignments designed to keep Sound Transit moving forward, albeit in a trimmer, adaptable way. In a PowerPoint presentation given to the board, she broke down the projects in the ST2 15-year plan into five categories: Design & Construct, Keep Moving, Retain Only Limited Funding, Suspend, and Delete.... (more)