Variable Fare Structures
Most systems aren't self-supporting, so advertising revenue and government subsidies are usually required to cover costs. However, a combination of more flexible fare structures and annual ridership figures play a big role in fare box ratios as outlined in the table below. Transit agencies that have instituted a more variable fare structure depending on distances or zones traveled have higher fare box ratios over those that rely on a flat rate model. The downside is however, variable rate fares need heavy investment in ticketing technologies and are far more complicated to implement for the transit operator and to decipher the fare for the transit rider.
Read more about this topic: Farebox Recovery Ratio
Famous quotes containing the words variable, fare and/or structures:
“Walked forth to ease my pain
Along the shore of silver streaming Thames,
Whose rutty bank, the which his river hems,
Was painted all with variable flowers,”
—Edmund Spenser (1552?–1599)
“Let those talk of poverty and hard times who will in the towns and cities; cannot the emigrant who can pay his fare to New York or Boston pay five dollars more to get here ... and be as rich as he pleases, where land virtually costs nothing, and houses only the labor of building, and he may begin life as Adam did? If he will still remember the distinction of poor and rich, let him bespeak him a narrower house forthwith.”
—Henry David Thoreau (1817–1862)
“It is clear that all verbal structures with meaning are verbal imitations of that elusive psychological and physiological process known as thought, a process stumbling through emotional entanglements, sudden irrational convictions, involuntary gleams of insight, rationalized prejudices, and blocks of panic and inertia, finally to reach a completely incommunicable intuition.”
—Northrop Frye (b. 1912)