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SMART BUSES WILL CONTINUE TO ROLL

 SMART BUSES WILL CONTINUE TO ROLL
 DETROIT, March 12 /PRNewswire/ -- Today, Michael Duggan, interim


general manager of the Suburban Mobility Authority for Regional Transportation (SMART), presented a Fiscal Integrity Plan (FY 1992- FY 1993) at a meeting of the SMART board of directors, which will allow SMART linehaul buses to continue to operate through June 1993 and revoke 600 layoff notices to SMART employees.
 By the hard work of the interim general manager, staff and union leaders, and board approval of the Fiscal Integrity Plan, over 13,000 daily linehaul riders can continue to depend on SMART services for transportation to employment sites, medical appointments, shopping centers and recreational facilities.
 The SMART board approved the Plan that identified savings of over $12 million through June 30, 1993. The following is an overview of the proposal to erase the $12 million deficit:
 Specified Operational Costs (10 percent)
 Linehaul Committee $1,403,500
 Maintenance Committee $1,247,200
 Small Bus Committee 326,500
 Administrative Committee 567,404
 Fringe benefits/insurance 807,600
 Subtotal $4,352,204
 90-Day Standing Committee Cuts
 Early retirement $400,000
 Small bus revenue 233,000
 Worker & vehicle safety 450,000
 Personnel practice reform 150,000
 Health care costs 430,000
 Subtotal $1,663,000
 Total Operational Cost $6,015,204
 Elimination of unnecessary
 workers' compensation and
 self-insurance cash
 reserves 4,450,000
 Deferral of ATE new bus
 purchase (negotiated
 with ATE) 802,000
 Sale of property 650,000
 Resolution of disputed
 municipal credit audit with
 State of Michigan 300,000
 Total Savings Through
 June 30, 1993 $12,217,204
 Duggan, union leaders and employees of SMART worked cooperatively during the last two weeks to cut cost of transit operations that will allow SMART linehaul buses to continue to operate after March 27. SMART was faced with a $12 million deficit and layoff notices were set to go out on March 27.
 -0- 3/12/92
 /CONTACT: Melissa V. Hightower of SMART, 313-256-8501/ CO: Suburban Mobility Authority for Regional Transportation ST: Michigan IN: TRN SU:


SM -- DE029 -- 7602 03/12/92 17:58 EST
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Publication:PR Newswire
Date:Mar 12, 1992
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