Farebox Recovery Ratio - Revision history

Jmatute at 20:40, 18 January 2018

2018-01-18T20:40:35Z

Jmatute at 20:39, 18 January 2018

2018-01-18T20:39:52Z

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Jordanfraade at 02:06, 12 January 2018

2018-01-12T02:06:17Z

Jordanfraade: Created page with "The '''farebox recovery ratio''' of a transit system is the percentage of total operating expenses that are made up by passenger fares. The figure is calculated by dividing to..."

2018-01-12T02:04:25Z

Created page with "The '''farebox recovery ratio''' of a transit system is the percentage of total operating expenses that are made up by passenger fares. The figure is calculated by dividing to..."

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The '''farebox recovery ratio''' of a transit system is the percentage of total operating expenses that are made up by passenger fares. The figure is calculated by dividing total passenger-fare revenue by total operating expenses. Farebox-recovery ratio is a key metric used to judge the financial health of transit systems, and varies heavily based on geography, fare structure, and ridership patterns.

Because farebox recovery ratio deals with operating expenses alone rather than total (capital + operating) expenses, the following types of transit systems tend to have higher overall farebox-recovery ratios:
* Rail-Based (particularly commuter or high-capacity rail)
* Distance or Zone-Based Fares
* Asian and European systems

Few major transit systems throughout the world have a farebox-recovery ratio of 100%. Within California, BART has the highest farebox-recovery ratio, and a variety of state laws use this metric to evaluate transit-system performance. For example, in order to qualify for funding under the state Transportation Development Act (TDA), urban transit agencies must maintain a farebox ratio of 20% and rural agencies must maintain a ratio of 10%. Exceptions are sometimes made for new routes or routes that serve disadvantaged populations. In the United States, California ranks seventh for farebox-recovery ratio, at 27.9% (behind New Jersey, New York, Washington D.C., Pennsylvania, Illinois, and Massachusetts). (Baselines 174-5). Within California, the Bay Area has the highest farebox-recovery ratio (60.9% within the MTC MPO area), while the Los Angeles area has among the lowest (21.4%).

[Insert Wikipedia table here re: Farebox Ratios of major transit systems around the world]

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-=== Wikipedia Table of Farebox Ratios of Major Transit Systems around the world  ===
+== Wikipedia Table of Farebox Ratios of Major Transit Systems around the world  ==
 [https://en.wikipedia.org/wiki/Farebox_recovery_ratio Source:Wikipedia]
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← Older revision		Revision as of 02:06, 12 January 2018
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	Few major transit systems throughout the world have a farebox-recovery ratio of 100%. Within California, BART has the highest farebox-recovery ratio, and a variety of state laws use this metric to evaluate transit-system performance. For example, in order to qualify for funding under the state Transportation Development Act (TDA), urban transit agencies must maintain a farebox ratio of 20% and rural agencies must maintain a ratio of 10%. Exceptions are sometimes made for new routes or routes that serve disadvantaged populations. In the United States, California ranks seventh for farebox-recovery ratio, at 27.9% (behind New Jersey, New York, Washington D.C., Pennsylvania, Illinois, and Massachusetts). (Baselines 174-5). Within California, the Bay Area has the highest farebox-recovery ratio (60.9% within the MTC MPO area), while the Los Angeles area has among the lowest (21.4%).		Few major transit systems throughout the world have a farebox-recovery ratio of 100%. Within California, BART has the highest farebox-recovery ratio, and a variety of state laws use this metric to evaluate transit-system performance. For example, in order to qualify for funding under the state Transportation Development Act (TDA), urban transit agencies must maintain a farebox ratio of 20% and rural agencies must maintain a ratio of 10%. Exceptions are sometimes made for new routes or routes that serve disadvantaged populations. In the United States, California ranks seventh for farebox-recovery ratio, at 27.9% (behind New Jersey, New York, Washington D.C., Pennsylvania, Illinois, and Massachusetts). (Baselines 174-5). Within California, the Bay Area has the highest farebox-recovery ratio (60.9% within the MTC MPO area), while the Los Angeles area has among the lowest (21.4%).

−	[Insert Wikipedia table here re: Farebox Ratios of major transit systems around the world]	+	[https://en.wikipedia.org/wiki/Farebox_recovery_ratio <nowiki>[Insert Wikipedia table here re: Farebox Ratios of major transit systems around the world]</nowiki>]