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Chronicle: Fare Collection is up

Old cable car transferImproved fare enforcement and more people deciding to save money and stress by taking transit has boosted Muni’s bottom line, with cable cars raising the biggest slice, bringing in a whopping $14.5M, or 21% more over the last 6 months. Muni could really use the money too, with a projected $90M shortfall over the next 18 months.

Rescue Muni is monitoring the budget situation and will publish how the numbers will add up to in a future posting.

This entry was posted on Monday, January 19th, 2009 at 5:35 pm and is filed under Fares, Budget. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Responses to “Chronicle: Fare Collection is up”

  1. david vartanoff Says:
    January 20th, 2009 at 12:59 pm

    So despite all door proto POP boarding farebox is up. If I read the article correctly, cash fares system wide are less than a thitrd of the take. Hooray for paper passes!!!.

  2. markballew Says:
    January 21st, 2009 at 4:49 pm

    I think that more POP use and more POP cops will keep boosting revenue capture. If the Translink beta finishes with reasonable bugs, quicker boarding will attract even more riders, both cash, fast pass, and TL.

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