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Operating subsidies are a real issue, especially for cash strapped states, that must balance their budgets.  Only one state is allowed to run budget deficits.  And unlike the federal government, the states cannot print their way out of debt.  Even in Texas, where the government runs a pretty tight ship, we are looking at a $17 to $24 billion shortfall in revenues for 2011-12.    The annual operating subsidy for Capital Metro's Red Line, which runs from Leander to Austin, a distance of approximately 32 miles, is approximately $6.6 million for 2010.  The current net operating subsidy is approximately $60 per passenger per day.  Although the red line, which is a commuter line, is not an apple to apples comparison with an intercity line, it illustrates how operating subsidies can be a real financial burden.  Capital Metro is scrambling to find ways to increase revenues or reduce costs.
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