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Metropolitan DC Local Politics
Reply to "Riders refuse to pay on more than one-third of all Metrobus trips"
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[quote=Anonymous][quote=Anonymous]How much does it cost WMATA to collect fares for bus service? Including the technology, security, accounting, auditing and financial controls to ensure that those funds are not stolen?[/quote] It's actually quite expensive. My references come from here: https://www.wmata.com/about/records/upload/Proposed-FY2022-Budget.pdf Of the 3.1 billion in annual revenue WMATA receives, 222 million is from operating activities (rider fares and parking). Fare revenue is 66 percent of that 222 million, (146 million) See page 20 for a nice chart. The expense of collecting the fares and maintaining its infrastructure is currently approx 106 million across metrorail and metrobus. This not only includes the labor and supplies associated with the physical maintenance of machines (turnstyles, fare collectors/card machines, etc, this also includes the entire system of labor and delivery accountants, accounting software, crosswalks between software, distribution, replacement, and disposal, and production of cards etc) WMATA's largest expense has always been human capital. Removing station and bus fares from the budget would not substantially harm the budget which is primarily subsidized in this region. [/quote]
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