That's why it's crucial that new tax revenues--be it from the state or from a local half cent sales tax--be raised to fund MTS
That's why it's crucial that new tax revenues--be it from the state or from a local half cent sales tax--be raised to fund MTS
Farebox recovery = fare revenues/operating expenses
MTS fare revenues cover only 20% of operating expenses.
That's completely fine. As long as tax subsidies cover the remaining 80%, revenues and expenses are balanced. No deficit.
Farebox recovery = fare revenues/operating expenses
MTS fare revenues cover only 20% of operating expenses.
That's completely fine. As long as tax subsidies cover the remaining 80%, revenues and expenses are balanced. No deficit.
Secondly, MTS' looming annual $100M deficit is not about whether MTS is profitable or not.
Secondly, MTS' looming annual $100M deficit is not about whether MTS is profitable or not.
The result? Skytrain gets 4x the Trolley's ridership, despite Greater Vancouver having less people than SD County.
The result? Skytrain gets 4x the Trolley's ridership, despite Greater Vancouver having less people than SD County.
cal.streetsblog.org/2025/07/08/m...
cal.streetsblog.org/2025/07/08/m...
Even so, MTS is tragically broke, because unfortunately there are not enough tax dollars subsidizing MTS.
Even so, MTS is tragically broke, because unfortunately there are not enough tax dollars subsidizing MTS.
Safest bet would still be Measure G 2.0. Here's suggestions for revising it: cal.streetsblog.org/2025/05/06/o...
Safest bet would still be Measure G 2.0. Here's suggestions for revising it: cal.streetsblog.org/2025/05/06/o...
- MTS paid $9 million in for traction power (Trolley wires) in 2017
- MTS is paying $24 million for power this fiscal year
- Charging MTS $0 for power would lower SDGE *profits* (not revenue) only 2%.
SDGE are parasites.