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By A Smith (anonymous) | Posted November 09, 2009 at 16:07:43
>> Cost recovery is stable and predictable (farebox ratio has averaged 55% since 2000)
HSR losses are stable (taxpayer subsidies to bail out the failed HSR have averaged 45% since 2000)
>> Rapid transit could be a key economic driver, but will require a supportive transit network
Any new small business could be a key economic driver, but because we only get paid to promote public transit, we won't talk about that.
>> Paradigm shift needed in City thinking and decision making to make transit a priority
Otherwise, we won't be able to keep billing the taxpayers for these "unbiased", wink-wink, consultant reports.
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