chrisw
Active Member
From Budget 2024,
Fare revenues are forecast to rise to $75m in 2024 from $53m in 2023 (+42%). Projected to reach $84m in 2026 (+12%).
Transit Services is expected to have a cost recovery of 30% in 2024 compared to 25% in 2023.
(Unrelated) Interesting mention of signal pre-emption for snowplows. Lengthens advance left turn and green lights to clear rapidway corridors to allow more efficient snowplow fleets (called an echelon). I think it's been implemented for awhile.
Ridership in August 2023 was +31% YoY.
York Region will implement fare capping in 2024. Fares will increase by 3% annually.
Gross transit budget is $306m (+5.7%, +$16.5m) for 2024, +5.6% for 2025, +4.5% for 2026.
Fare revenues are forecast to rise to $75m in 2024 from $53m in 2023 (+42%). Projected to reach $84m in 2026 (+12%).
Transit Services is expected to have a cost recovery of 30% in 2024 compared to 25% in 2023.
(Unrelated) Interesting mention of signal pre-emption for snowplows. Lengthens advance left turn and green lights to clear rapidway corridors to allow more efficient snowplow fleets (called an echelon). I think it's been implemented for awhile.
Ridership in August 2023 was +31% YoY.
York Region will implement fare capping in 2024. Fares will increase by 3% annually.
Gross transit budget is $306m (+5.7%, +$16.5m) for 2024, +5.6% for 2025, +4.5% for 2026.