In previous posts, I had looked at how transit agencies’ goals can impact their financial performance, which agencies had the highest (and lowest) farebox recovery ratios, and what drove those farebox recovery ratios. This will be the last post in the series on farebox recovery ratios where I’ll show the differences in farebox recovery between…… Continue reading Rail vs. Bus and What Farebox Recovery Is/Isn’t
In the last post I highlighted the agencies that had the highest farebox recovery ratios and showed that many of them are either rail-only agencies and/or are located in the Northeast. In the last post I included the table below showing the farebox recovery ratios of various agencies. This post will explore what goes into…… Continue reading Breaking Down Farebox Recovery Ratios
In the last blog post I wrote about the different objectives of transit agencies and how that impacts their financial performance. However, after taking all of that into account, it is still valuable to see which transit agencies the most financially efficient and what we can learn from them. There are many ways to analyze financial…… Continue reading What’s the most financially efficient transit agency?
This seems like an easy question on the surface. Public transit is there to provide transportation options that are available to everybody. However, there are many ways to do this and the exact goals that public transit agencies try to address will be different depending on their policies and priorities. For example, some might strive…… Continue reading What are public transit agencies’ goals?