Hampton Roads Transit - Funding

Funding

Hampton Roads Transit has no dedicated revenue source. Funding for service is provided with federal, state and local funding provided by member jurisdictions and farebox revenues. Local funding is provided based on the Cost Allocation Agreement - each city establishes how much service will be provided within its borders based on how much it is willing to pay for those services after all federal, state, and farebox revenues are applied. This means that the numbers of routes, service frequency, and service coverage areas as operated by Hampton Roads Transit are determined in each city during the annual budgetary cycle.

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