just in time, as my city (Seattle) is suddenly ramping up its fare enforcement.
btw one thing about public entities is that it’s often easier to access their financials. i searched “Sound Transit Quarterly Report” and found this.
fun numbers: $59M of Sound Transit’s $2.9B annual budget comes from fares, i.e. 2%. in order to cover operating expenses solely with fares, the fare would have to be set to $10.43. and that’s assuming 100% of riders pay fares, v.s. the 56% of riders who pay fares today.
just in time, as my city (Seattle) is suddenly ramping up its fare enforcement.
btw one thing about public entities is that it’s often easier to access their financials. i searched “Sound Transit Quarterly Report” and found this.
fun numbers: $59M of Sound Transit’s $2.9B annual budget comes from fares, i.e. 2%. in order to cover operating expenses solely with fares, the fare would have to be set to $10.43. and that’s assuming 100% of riders pay fares, v.s. the 56% of riders who pay fares today.