Light Rail ridership up, fares up; Taxpayers still lose
Even though Light Rail ridership is up and even though the fares recently went up to $2, the taxpayers are still getting soaked. This is because the total cost of building and operating the light rail adds up to about $13 per passenger. That means the recent fare increase will only reduce the taxpayer subsidy from $11.25 to $11.00. What a great deal.
For those of you who have difficulty with higher math, this means that taxpayers would come out ahead if we took our losses now and shut down the line. We should rather be making the Valley of the Sun the most auto friendly city in the world.
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