This paper presents a new funding model for urban transit systems. The model is performance driven in that it captures the performance of transit systems in attracting riders in a cost-effective manner and recognizes that transit system funding needs vary with transit systems’ scale of operations. The model also allocates funding on a weighted per capita basis and thereby addresses equity concerns. Recent data for Canadian transit systems are used to illustrate the application of this funding model to real-world operations.
Performance-Driven Transit Funding Model
Transportation Research Record
Transportation Research Record: Journal of the Transportation Research Board ; 1927 , 1 ; 72-81
2005-01-01
Article (Journal)
Electronic Resource
English
Performance-Driven Transit Funding Model
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