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By Anonysquirrel (anonymous) | Posted November 28, 2007 at 14:29:06
Anonymous, raising the transit levy to raise the same amount of money as the fare increase would cost $12 per year for a $200,000 house in Hamilton, and $3 or $4 per year for a $200,000 house in the suburbs (which pay a lower area rated transit levy).
The only difference between the two options, other than the fact that raising fares will slow ridership growth (in the city's rosy assessment), is that raising fares will offend fewer voters than raising levies.
It's the lazy way out for councillors who keep demonstrating that they would rather make the expedient choice than the right choice.
Longer term, council needs to end area rating. That would put another $8 million a year into transit.
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