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by cturitzin
4017 days ago
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I believe the "farebox recovery ratio" of Muni in San Francisco is ~20%. Which means, the actual cost of a bus ride is $11.25 ($2.25/0.2). So, the government is paying $9 subsidy for each rider. Looking at how municipalities subsidized dial-a-ride, are any subsidizing ride-sharing (uber, lyft) systems? Many uber/lyft rides inside of SF are cheaper than the cost of a muni trip. |
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Terminology "fare capture" refers to the % of rides that are paid (vs "stowaways"), not the $ of expenses that are paid by fares.
> So, the government is paying $9 subsidy for each rider.
This isn't quite right. A proper analysis needs to separate marginal cost from overhead. If the system is not running at capacity, adding more rides would decrease the subsidy per ride.