Tuesday, July 2, 2019

Can we afford to keep charging fares?

Most of the costs of public transit are paid by taxes. Percent of revenue applied to costs is usually stated something like this:
  • 40% stated percent of revenue from fares
but the actual numbers are more like this:
  • 20% actual percent when capital costs are included
  • 10% percent remaining after fare-collection costs are considered
  • 00% percent remaining after fare-enforcement/fare-security
So fares are not needed for revenue. Then, can they be justified for rationing?
Fares, or user-fees, ration use to prevent misuse. But public transit is a part of your city that makes things better when used more, whereas cars are a consumer product that make your city worse when used more.

So, we cannot afford to ration public transit.