Quote:
Originally Posted by atxsnail
CapMetro board meeting today. The documents include a pretty hefty quadrennial perfomance audit. It's complicated a bit due to the fact that it spans the remap process. Fare increases were among the recommendations.
https://www.capmetro.org/docs/defaul...rsn=25f7a3a6_2
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Yeah, though I wouldn't read too much into that. The legislature requires that Fare Recovery Ratio (FRR) be one of the audited measures.
https://texas.public.law/statutes/te...ection_451.454
So the recommendation is _always_ going to be "raise fares to increase FRR". And capmetro will usually (like this time) push back against the counterproductive nature of raising fares
"Management's Response:
While Management makes
recommendations with regards to
fares, fares policy is under the purview
of the Board of Directors. Fare
revenues are regularly evaluated as
one of the agency's funding sources
and in terms of the long term financial
sustainability of the agency. The
impacts of fare increases on the
community and customer
demographics are also important
factors to be considered."