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Issue 393 November 25, 2002
While
there are several ways to calculate “farebox recovery ratios” for transit
agencies – the amount of system operating costs covered by fares – the
most convenient way to make a comparison across several agencies is to
use data compiled and reported by the Federal Transit Administration.The
table below is from FTA agency profiles for 2000. NYC
Transit enjoys the least government operating support of any big-city bus
and subway based transit systems (BART being more of a subway/commuter
rail hybrid that covers long distances and charges distance-based fares).
Likewise, the LIRR is near the top of the list for commuter rail operations
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