Quote:
Trip > 5 Stations: $2.75
Trip < 5 Stations: $1.25
Single Bus Trip: $1.00
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There is a simple problem with your fees. Bus trips cost the city in the neighborhood of $6 whereas LRT trips cost the city around $.39 (or at least they did last time Calgary Transit broke down numbers in 2006).
Any policy that reduces fares from what we have now on any part of the system would have to increase fares somewhere else or increase subsidy (unless the fares caused no marginal costs and lead to usage going up by the percentage lost in fares, an unlikely proposition).
I know the system you proposed has transfer penalties, leading to a higher differential fare for bus-->LRT commuters, which could be seen as a good thing. But just think there will be some people who decide to take a much slower bus --> bus trip instead, absorbing much more subsidy because of price incentives.
Differential fares also punish people taking the longest LRT trips, which is the opposite of what you want to do. People that free up the most road km travelled are the people you want to move to transit first. In no way do you want to incent people that could be biking instead, or walking to take transit in preference because it is way too cheap.
A good change would be a super cheap family day pass like exists in Toronto for weekend days, when the system is operating way below capacity and building transit habits is important. Outside of peak otherwise a system that punishes long distance users is the worst kind - not everyone that travels from suburb-suburb/outlieing industrial park is going home to a McMansion, there are plenty of economic battlers that gain a huge economic surplus by being able to move to the best job for them in the city for a fixed price. Changing the system too much could lead to perverse social outcomes as people respond to economic incentives.