Translink says it added more than a 100-million-dollars in savings to its bottom line last year.
Not only is the bottom line much improved, Translink says executive compensation is down by just over five-per cent.
Spokesperson Colleen Brennan says some of the savings come from smarter purchasing.
“One of the things we looked at in particular are things around procurement so are we able to be smarter about our buying practices so that’s certainly been an area where we’ve made some gains.”
Brennan says another big savings came from re-aligning some bus routes.
“So what we do there is look at routes that are really, really busy and then we re-allocate service hours and we re-allocate them to routes that are not as busy.”
Interim CEO Doug Allen’s tenure comes to an end in mid-August and recruiting continues to fill the vacancy.
Translink’s most vocal critic, Jordan Bateman with the Canadian Taxpayers Federation, says the company’s playing shell games when it says executive compensation is down….
“They’re playing with Doug Kelsey’s number, Kelsey was demoted from Translink COO to Skytrain president, they claim he took a pay cut yet he still made 33-thousand-dollars more than the last skytrain president.”
Bateman says it doesn’t end there.
“Ian Jarvis, the CEO who just won’t go away, he was paid 15-thousand-dollars more last year than the year before. He had total compensation of 483-thousand-dollars, a ridiculous amount of money for a CEO who was basically fired this year.”
Bateman also says Transit Police finished up the year more than two-million-dollars over budget.