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Old Posted Jun 29, 2009, 12:48 PM
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ryan_mcgreal ryan_mcgreal is offline
Raising the Hammer
 
Join Date: Apr 2008
Location: Hamilton
Posts: 527
Quote:
Originally Posted by omro View Post
Which seems like faulty logic to me. You get more successful, you increase your revenue, you have more money to invest in new stock.
A bit more than half the HSR's revenue comes from fares, and the rest comes from the city's transit budget. If the HSR's ridership goes up significantly, that means the city will have to spend more public money on transit - but council still regards transit as a subsidy to be minimized rather than an investment to be leveraged. Factor in the city's bizarre area rating system, in which residents of different parts of the city pay different tax rates toward transit, and you end up with a situation in which it's remarkably difficult to get more revenue into our transit system to expand service.
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