Points To Consider
Reality Check: The Cost Of Subsidized Transit: A transit system that has low costs and is sufficiently attractive (i.e. effective) that travelers are willing to pay most or all of its operating costs doesn’t have to worry nearly as much about budget cuts or which party is in power. Our Bus and Light rail lines have high operating cost and low ridership for large parts of the day. That means they need major tax subsidies and are grievously harmed by budget cuts. Expanding and modernizing transit with PRT lets us take advantage of much lower operating cost and offer a much faster and more attractive service. PRT vehicles are automated and don’t consume energy unless a passenger gets in and actually goes somewhere. This makes the PRT portion of a transit system much less vulnerable to budget cuts because it needs less (or possibly no) operating subsidy. Because of the non-stop nature of PRT, it is faster and more effective for the traveler and therefore offers greater value, justifying a fare that pays more of the operating cost of the system.