reports

Fare increases from 5 cents to 10 cents

  • Date: July 1, 1948
  • $37.5mil increase in fare revenue during last 6 months of 1948 [2]
    • But 12% drop in ridership (25.5mil less)
  • Average fare paid was 9.53 cents
    • Less than the actual fare of 10 cents because a combined subway and surface line fare was 12 cents
    • Rather than 10 cents plus 7 cents
  • Other interesting items:
    • Board of Transportation added 1272 staff, 940 which "were permanent under civil service"
    • 14 deoderizing and germ-killing lamps were installed in IRT stations at Times Square and Grand Central
  • Historically, transit was not required to be self-supporting because a fare increase would benefit private owners of "traction securities" [3]
    • No longer relevant since city now owned system
    • "Some of the cars in use are nearly forty years old"
    • City was providing $30mil annual subsidy to keep 5-cent fare using real estate taxes
    • Committee of Fifteen contained business, real estate, and industrial representatives
      • They proposed fare of 7.5 cents (2 for 15) to produce $45mil
        • Would cover $30mil current operational deficit
        • Allow $8mil for maintenance
        • And $7mil to replace old rolling stock
        • Allow for 6% cut in tax rate
        • And increase city's borrowing power, as the transit system would be operationally self-supporting ("making the transit debt self-liquidating"), which would allow for new subway construction
  • In first 28 days of 10 cent fare (a 100% increase), rapid transit revenues only rose 69.77% [4]
    • Partly due to the 12 cent transit fares with transfer sold above
    • But also the institution of 16 free transfers between divisions
  • Surface lines (bus and street car) fare increased from 5 to 7 cents, but only saw 18.96% rise in revenue [4]
    • All surface fare zones eliminated in Staten Island, Brooklyn, and Queens
    • 2-cent transfer charge for Brooklyn surface lines eliminated
    • On 12 cent fare with transfer to rapid transit, surface lines only collecting share of 5 cents
      • seems like an internal NYCTA policy
  • Source: "Report for the three and one-half years ending June 30, 1949.," The City of New York Board of Transportation, 82, 1949. link
  • Source: Paul Crowell, "City Gains $37,520,822 in 6 Months Under New Fares, but Fewer Ride," The New York Times, February 17, 1949. link
  • Source: "THE FIVE-CENT FARE," The New York Times, January 13, 1942. link
  • Source: "TRANSIT REVENUES UP 56.77% IN JULY," The New York Times, August 14, 1948. link
  • Tags: fare-increases mta reports

From Rescue to Renaissance: The Achievements of the MTA Capital Program 1982 - 2004

The Road Back - History of MTA capital plan

Regional Transportation Program

  • Date: August 1969
  • Highlights expansions and improvements as part of Mayor John Lindsay's "Program for Action"
  • Source: "Regional Transportation Program," Metropolitan Transportation Authority, August 1969. link
  • Tags: expansion mta program-for-action reports

Governance Assessment of MTA Capital Program Mega Projects

  • Date: November 2010
  • Capital Program Oversight Committee (CPOC) consists of MTA board members
  • Independent Engineering Consultant (IEC) exists to help CPOC understand technical parts of capital projects
  • MTAHQ Office of Construction Oversight (OCO) manages the IEC
  • IEC is presently (2010) under a $7mil annual contract with MTAHQ
  • MTA created MTA Capital Construction (MTACC) to oversee SAS, EAS, Fulton Center, 7 line extension
  • Source: mtaoig
  • Tags: mta reports

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