this post was submitted on 14 Feb 2024
1578 points (97.1% liked)
tumblr
3454 readers
8 users here now
Welcome to /c/tumblr, a place for all your tumblr screenshots and news.
Our Rules:
-
Keep it civil. We're all people here. Be respectful to one another.
-
No sexism, racism, homophobia, transphobia or any other flavor of bigotry. I should not need to explain this one.
-
Must be tumblr related. This one is kind of a given.
-
Try not to repost anything posted within the past month. Beyond that, go for it. Not everyone is on every site all the time.
-
No unnecessary negativity. Just because you don't like a thing doesn't mean that you need to spend the entire comment section complaining about said thing. Just downvote and move on.
Sister Communities:
-
/c/[email protected] - Star Trek chat, memes and shitposts
-
/c/[email protected] - General memes
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Not sure where you get that from. Most systems operate at a major loss and are propped up by grants/government funding. Typical targets for operating are ~1/3 of costs are covered by rider fares with the rest coming from grants or government funding.
Since the thread talks about NYC, I pulled this - MTA Budget. In it they state:
Thank you for getting those numbers. I appreciate knowing that fairs are far larger than the $150 million spent in enforcement (3 had wondered.)
Do those numbers include advertising revenue? My city including ad revenue makes a small profit and they're thinking of doing the free fair thing.
Appendix A in the report does.
All told, their total operating revenue was 9.9bil, operating expenses were 13.1bil without including depreciation and pensions,etc which brought it to 16.1bil. that doesn't include any improvements (capital) works or their debt servicing.