Quote:
Originally Posted by Jelly Roll
What is the average fare-box recovery for other systems? Without providing any context we can not really analyze these numbers. If most federally or state funded public transit projects return a lower percentage then your statements about SEPTA not being worthy of subsidies is not really accurate.
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Which other transit agency would you like to compare with SEPTA?
Would MBTA from Boston suffice?
http://www.mbta.com/uploadedfiles/Documents/Financials/SORE%20History%20FY12%20budget.pdf
Operating Expenses = $1,176,964,653
Total Expenses = $1,611,471,329
Total Revenues = $1,612,672,394
Fares = $439,322,438
Other Dedicated = $35,963,995 (includes State and Federal grants)
Fares for MBTA provide 37% subsidy (operating expenses)
Fares for MBTA provide 27% subsidy (total expenses)
Non Local revenues account for 2% of total revenues. Local revenues; via local ales taxes, other local taxes, and fares account for over 97% of MBTA's revenues. MBTA doesn't rely on areas outside its service area for much funding.
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