A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
The Cost-Revenue Squeeze in American Public Transit
Each year, public transit companies seem to recover a smaller proportion of their operating expenses from fare-box revenues. Subsidy programs involving federal, state, and local governments have become the major source of financial support for public transportation but show no sign of reversing declines in ridership or efficiency. This article reviews the history of financial difficulties in the transit industry and finds that they are not of recent vintage, nor are they simply attributable to the increasing popularity of the automobile. Case studies of four large transit operators are employed to illustrate recent patterns of cost escalation, effectiveness, and efficiency in public transportation. Broad conclusions are drawn regarding potential areas for improvement in transit subsidy policy.
The Cost-Revenue Squeeze in American Public Transit
Each year, public transit companies seem to recover a smaller proportion of their operating expenses from fare-box revenues. Subsidy programs involving federal, state, and local governments have become the major source of financial support for public transportation but show no sign of reversing declines in ridership or efficiency. This article reviews the history of financial difficulties in the transit industry and finds that they are not of recent vintage, nor are they simply attributable to the increasing popularity of the automobile. Case studies of four large transit operators are employed to illustrate recent patterns of cost escalation, effectiveness, and efficiency in public transportation. Broad conclusions are drawn regarding potential areas for improvement in transit subsidy policy.
The Cost-Revenue Squeeze in American Public Transit
Ortner, James (author) / Wachs, Martin (author)
Journal of the American Planning Association ; 45 ; 10-21
1979-01-01
12 pages
Article (Journal)
Electronic Resource
Unknown
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