Comment by djsjajah
16 days ago
Go have a look what percentage of the operating costs are covered by fares in your city. I wouldn't be surprised if the costs relating to fare enforcement were more than the revenue from fares.
16 days ago
Go have a look what percentage of the operating costs are covered by fares in your city. I wouldn't be surprised if the costs relating to fare enforcement were more than the revenue from fares.
You aren't taking into account that transport agencies can raise a lot of funding based on yearly revenue so multiplying fares out in terms of the debt that can be serviced yearly can easily reach billions which can be used for capital investment.
So additional costs to taxpayers and/or users of the system to cover interest repayable to lenders? How does this justify anything?
I can't tell what you're saying; are you saying that "yearly revenue from fares is big", even when someone says "fares aren't the major revenue source, and sometimes doesn't even exceed the cost to implement"?