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The farebox recovery ratio (also called fare recovery ratio, fare recovery rate or other terms) of a passenger transportation system is the fraction of operating expenses which are met by the fares paid by passengers. It is computed by dividing the system's total fare revenue by its total operating expenses. [1]
The Regional Transportation Agency of Central Maryland, locally referred to as the RTA, is a transit organization providing fixed-route and paratransit services across Central Maryland. The RTA is made up of multiple jurisdictions including Anne Arundel County , Howard County , the City of Laurel , Northern Prince George's County , and ...
However, RTA no longer provides service directly, as the Service Boards have the authority to determine the level, nature, and kind of public transportation to be provided, [15] and to establish fares. [16] Originally, RTA entered into purchase of service agreements with carriers, but the 1983 amendment gives the Service Boards the power to ...
A group tasked with making recommendations about the future of public transit is weighing changes to fares, sales taxes and the very concept of maintaining the CTA, Metra and Pace as separate ...
Taxi fares are set by the state and city where they are permitted to operate. The fare includes the 'drop', a set amount that is tallied for getting into the taxi plus the 'per kilometer' rate as has been set by the city. The taxi meters track time as well as distance in an average taxi fare.
A reduced fare program refers to special programs providing particular passengers with a discounted fare option for travel on a public transport system. In the United States, public transportation systems that receive federal funding are required to offer, at minimum, half fares to the elderly and handicapped persons during off peak travel. [ 1 ]
It was discontinued after finding that fare evasion and vandalism increased and little productivity was added through drivers waiting for fares to be paid. [2] San Francisco's MUNI system became the first North American system-wide adopter of the proof-of-payment system on July 1, 2012 across its buses, light rail and heritage streetcars, with ...
The Regional Transit Authority of Southeast Michigan (RTA) is a public transit agency serving Metro Detroit and the Ann Arbor area in the U.S. state of Michigan. It operates the QLINE streetcar in Detroit , [ 1 ] and coordinates and oversees the public transit services operated by DDOT , SMART , TheRide , and the Detroit People Mover .