Wednesday, December 1, 2010

More proof: transit fares are not for revenue

The following article gives good reason for not installing turnstiles or using smartcards. First, turnstiles and smartcards do not deter fare evasion; secondly, the estimated $5 million revenue loss due to fare evasion is less than the estimated $12 million to $15 million annual operating costs of the turnstile/smartcard operation.

Paying $15 million annually to recover $5 million in evaded fares is just plain stupid!

Read more on Rail for the Valley...

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