Comment by joshuamorton

8 hours ago

It's worth noting that, at least for bart, the reason that it is facing bankruptcy is precisely because it was mostly rider supported and profitable, and not government supported.

When ridership plummeted by >50% during the pandemic, fixed costs stayed the same, but income dropped. Last time I checked, if Bart ridership returned to 2019 levels, with no other changes, it would be profitable again.

You can't say that BART "is facing bankruptcy is precisely because it was mostly rider supported and profitable, and not government supported" when it is very obvious that BART would be in a much worse situation if it had had more government support... because all those governments are facing massive budget deficits right now.

BART has already been bailed out by the state, twice. It has already failed, twice. It very much needs to reduce the level service it provides if it wants to be sustainable, or seek other forms of revenues while we wait to see if ridership returns. Many have suggested BART explore the SE Asian model of generating revenues by developing residential housing, which seems fairly straightforward.

If ridership never returns, then we ought not continue throwing good money after bad, and we ought to adjust the level of service to meet the level of revenues. Obviously the main problem here is that it's literally illegal to just build high density corridors directly adjacent to the transit stations... which is what we ultimately need to prioritize.

  • The government facing a budget deficit doesn't mean BART would be worse off with more subsidies.

    • Where does the extra money come from in a deficit period?

      > BART, Muni, Caltrain, AC Transit — which an independent analysis confirmed face annual deficits of more than $800 million annually starting in fiscal year 2027-28

      https://www.usatoday.com/story/news/california/2026/01/06/ba...

      Nearly a billion dollar shortfall per year going forward. That’s nontrivial, and the state has lost patience with the systems after providing two bailouts already.

      4 replies →

  • > You can't say that BART "is facing bankruptcy is precisely because it was mostly rider supported and profitable, and not government supported" when it is very obvious that BART would be in a much worse situation if it had had more government support... because all those governments are facing massive budget deficits right now.

    I don't think this follows. Government budgeting isn't zero based. A hypothetical Bart with 2x the government funding in 2019 would have faced cutbacks, but likely has more money today than what we have now!

    > or seek other forms of revenues while we wait to see if ridership returns.

    Yes, this is called "taxes".

    > If ridership never returns, then we ought not continue throwing good money after bad

    Agreed if it was stagnant, but ridership is up more than 10% y/y and that was also true last year. It's on track to be revenue neutral again in a few years. Gutting services today would be exactly opposite of what you'd do for something like a startup showing clear path toward profitability.

    > Obviously the main problem here is that it's literally illegal to just build high density corridors directly adjacent to the transit stations... which is what we ultimately need to prioritize

    While sure it's hard, there's lots of these that exist. There's new stuff in oakland basically constantly, and were even seeing midrise stuff along Bart in SF, but it's units being built now, so they won't be available until 2027, which is when your proposed service cuts would hit.

    • >Government budgeting isn't zero based. A hypothetical Bart with 2x the government funding in 2019 would have faced cutbacks, but likely has more money today than what we have now!

      A hypothetical BART with 2x the government funding wouldn't have existed... because it didn't exist.

      >Agreed if it was stagnant, but ridership is up more than 10% y/y and that was also true last year. It's on track to be revenue neutral again in a few years. Gutting services today would be exactly opposite of what you'd do for something like a startup showing clear path toward profitability.

      You're mistaking what I'm saying. I want BART to flourish, but I want it to be sustainable. The choice isn't "keep it open" or "close it." How it is operated matters significantly. I'm very obviously going to vote to increase funding, my point is that it shouldn't have to come to a vote. If service is reduced to a more sustainable rate, the system could recover organically. The revenue jump that has happened at stations immediately after the gates were installed, for example, shouldn't surprise anyone. I'm a transit advocate, BART is mostly irrelevant to this discussion anyway, because we're talking about situations where Waymo is a viable alternative, which really doesn't apply to BART.