SEPTA has high firebox recovery?
I'll admit I don't know, but what do you consider high? 25%, 50%, 75%, or 100% ?
SEPTA farebox recovery can be found looking at its financials reports.
FY2010
http://www.septa.org/reports/pdf/opbudget10.pdf
Suggest looking at page 23 Consolidated data.
Passenger Fares = $414,326,000
Expenses = $1,131,844,000
Subsidy = $664,979,000
They even break down the revenues by sources.....
Federal = $32,200,000
State = $554,622,000
Local = $75,457,000
Other =$2,700,000
Note how much the entire State subsidizes SEPTA every year. I suppose citizens in Harrisburg, Pittsburgh, and Allentown gets their fare share? Ha!
By the way, here's the math:
414/1131 = 36.6% ; Slightly more than a third.
Even a worse statistic, the Local funding sources of (414 + 75) $489 million is less than the entire State funding sources = $554 million
Farebox recovery of 36% is relatively high compared to other transit agencies in America, but I wouldn't be bragging about it..
When State governments are being asked to provide more funding than locals transit users, why are we so surprised to read that States are wanting to reduce subsidies by reducing services?
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