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The agency reported that customers took 264 million trips, a 9% increase over FY24 and 16% above budget projections, generating $462 million in passenger revenue.
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Over the last two years, the MTA has implemented a series of strategic measures to reduce fare evasion centered around equity, education, enforcement, and environment.
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Customers riding streetcars and entering subway stations through fare gates are already subject to random fare inspections, however, adding the bus network is another step in the TTC’s enhanced efforts to protect some of the $140 million lost to fare evasion yearly.
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NVTC provided guidance as the region works toward long-term, sustainable funding solutions for transit.
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The recommendation to pause the CONNECT 2 project will be considered by the board’s Transportation and Transit Committee in early September.
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If passed in November, the proposed ballot question would extend the current voter authorization for RTD to retain and spend all revenue without further voter approval.
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The budget gap is a result of several factors, including lower ridership revenue that is still recovering from the pandemic, the depletion of federal pandemic relief funds, a subsidy credit provided to jurisdictions in 2020, and historic inflation.
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