Quote:
Originally Posted by swimmer_spe
What if they took that road toll to downtown and used to to fund transit. Prices could come down.
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Should Public Transit Be Free?
Freakonomics Radio published this interesting episode about free transit back in August. Stephen Dubner spoke to the mayor of Boston (who wants some transit to be free) and the former president and CEO of Kansas City's transit authority (which has already made transit free). They both made compelling points in favour of free transit.
But some other interviewees spoke about how transit has a finite source of money. Yes, transit could always be allocated more funding if the government cut expenditures from elsewhere in its budget or generated more income through new or increased taxes, but at some point you will reach the ceiling of the spending capacity.
So assuming that funding is finite, you should spend that funding on the things which will generate the most return. Some options include lower or free fares, capital expenditures such as Skytrain extensions, operational improvements such as increased frequency, or improved customer experience such as adding cleaning staff to stations or improving transit apps.
When it comes to evaluating the return, I don't believe a publicly funded transit authority should only look at farebox revenues. Public entities should be subsidized if the service they provide is beneficial to all of society, which transit is. So the transit authority should also consider customer satisfaction, safety incidents, breakdowns, regional coverage, accessibility, etc. So perhaps cutting fares would be more valuable than a Skytrain extension to Whiterock because cutting fares would improve accessibility for low income passengers, while Whiterock's ridership would never justify a mass transit option. But there are a lot of other improvements and investments that should take preeminence before cutting fares such as:
- Skytrain extensions to UBC and the North Shore and along King George and Hastings / Willingdon
- Upgrading all existing Rapid Bus routes to true BRT and adding new Rapid Bus routes
- Replacing aging Skytrain rolling stock and busses
- Increasing bus frequencies on several well-used routes
- Increasing the wages of underpaid drivers
And while you, swimmer, may cry "Why not do all of them?" because you get off on transit fever dreams, Translink has limited funds and the already piss-poor farebox recovery does help to provide a higher level of service than Vancouver could otherwise afford. I also realize that capital and operational funds come from different buckets, but I can promise you that if Translink wiped $400 million (transit-related revenues in FY21) off the table and the provincial government had to cover that loss, funding for capital projects would be tighter.