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[quote user="K. P. Harrier"] From your figures, that San Diego MTS operating loss is astounding!   I would venture to say the books are balanced and there is no shortfall.  Federal grants and operating subsidies often make up the difference. [/quote]   The figures for MTS and SD&AE show the relative importance of SD&AE for its owner. MTS bought the SD&AE in 1979.   The MTS books are balanced by inflows from the federal, state and local governments.     The MTS has a relatively high fare box recovery rate.  In FY14 the system recovered 41.1 per cent of its operating costs from the fares.  The SD Trolley recovered 56.5 per cent of its operating costs in FY14.   Several years ago I did a comparison of the light rail farebox recovery rate for the Dallas, Charlotte, and Portland light rail systems.  If I remember correctly San Diego had the highest farebox recover rate of the bunch.
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