Instresting that track leases are not the most expensve part of there budget. But Passengers fare dont contribute much to the bottom line at all.
https://www.riometro.org/images/pdf/rmrtd-fy16-rail-budget.pdf
The low percentage of fares as part of revenue is a bit unusual although it should be remembered that the RailRunner is pretty much a rush-hour-only operation, the service is still relatively new, and the passenger base is still in the process of being developed.
Yes its near the bottom but its unfair to compair to other systems that have multible lines I would assume that development around the stations may help pay for it
CandOforProgress2 (4-29):
Why would “track leases” there be of concern to anyone?
Matter of fact, your whole thread baffles me. What are you trying to say?
Best,
K.P.
----------------------------------------------------------------------------------------------------------------------------------- K.P.’s absolute “theorem” from early, early childhood that he has seen over and over and over again: Those that CAUSE a problem in the first place will act the most violently if questioned or exposed.
Some lines are built early in anticipation of urban development and because they want the land before rapid urbanization makes it impossible. I know that Santa Fe and Albquerque both were heavily in demand as retirement communities and were growing as fast as some of the nicer areas of Phoenix at one point. I don't know if that is still the case.
I believe much of the DART system was built 15-20 years ahead of the real projected need because of rapid urbanization of the DFW metroplex and the annual population growth. So while it is nice to get the ridership figures now, you really have to look at the forecasts and if they are meeting ridership forecasts.
As for paying for the system from the farebox. Was that the goal before the system was built? A lot of these light rail systems and Amtrak as well holds fares below market because they want to encourage ridership and they see their mission more as pulling in new riders than self-sufficiency. Additionally, the more riders they pull out of cars the more they can show the Feds they are conforming to anti-pollution laws which also might be a higher goal than self-sufficiency. So you also have to see what the goals were when building the light rail system. Was it to placate the Feds and pull people out of automobiles? Was it to lead development and urban sprawl by a decade or more? What was the intent or goal? Is the goal being met using actuals vs forecast?
Actually, I am confused on Amtrak's goal because I have heard from Amtrak management that they want to encourage ridership using low fares and not really charging what they can for onboard meals in the diner. Yet, when the opportunity arises during peak times and demand is there, not a huge increase in pricing to match demand.....as there might be if it was completely privately run.
Just took a look at the fares:
https://www.riometro.org/fares/train-fares/fares
IMO those Day and Monthly passes seem a little too generous. For instance, a one way five zone fare is $9 and a Day Pass is $10. Hmmm. I'll bet that most daily riders are two trips only, as this is not a city area light rail line.
For comparison, SoCal Metrolink regular fare from LAUS to Fullerton is $8.50, round trip $17 and 7 day pass $59.50 (say 11.90/day for weekday commuters). Also a pretty generous pass discount, but comparible.
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