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The transit agency’s proposed policy would allow more bars and restaurants to advertise on transit vehicles, which could be lucrative for the financially struggling bus agency.
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Board chair Jay Schenirer said last week that the agency needs to prove that it really is providing a cleaner, friendlier and safer service before major sponsors are likely to sign on.
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On the New Brunswick campus, the school issues about 5.5 tickets per driver on average — a total of about 90,000, according to parking records from the last three years. From June 2014 to June 2015, the school brought in $4,907,220 from parking citations.
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Keolis, which has operated the commuter rail since 2014, said it conducted a first-of-its-kind study to examine the system’s “long-standing” problem of riders either not paying or using sometimes elaborate ways to not pay full price on trains.
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Transit projects, including construction of rail lines, subway extensions and building bus rapid transit lanes, will generate $40.1 billion in total combined labor income and business revenues for the Southern California regional economy.
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Under the plan, schools would provide every student with a pass, potentially making up the cost by charging for the monthly pass as part of students’ tuition and fees.
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For transit agencies in San Diego and Denver seeking additional funding, recently completed naming rights agreements with local universities promise a consistent source of income.
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The state-of-good-repair project includes ticket vending machines, add fare machines, fare gates and parking validator devices to extend the equipment life while providing new payment functionality that can be used in the future.
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The amount of the fee was not specified but could be in the $3 to $5 range. Existing cardholders would not be charged, and if the agency adopts a fee, those without ConnectCards would be encouraged to obtain them before the fee takes effect.
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Detroit-based Quicken is owned by Dan Gilbert, who has been the $137 million streetcar project's co-chairman (with Roger Penske) nearly since its 2008 inception.
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