Public transit never turns a profit, not because it’s bad business but simply down to the economics of providing affordable transit. In fact, fares recover such a small percentage of a public transit agency’s budget that there’s good arguments being made for making public transit fare free. Public transit is a net good for communities so making it as accessible to those who want or need it is important
Public transit never turns a profit, not because it’s bad business but simply down to the economics of providing affordable transit. In fact, fares recover such a small percentage of a public transit agency’s budget that there’s good arguments being made for making public transit fare free. Public transit is a net good for communities so making it as accessible to those who want or need it is important