Quote:
Originally Posted by 3de14eec6a
Flip that around. Everyone should ride for free. I'd happily pay the extra in taxes and almost never use it.
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100% agree. Transit usage at U of M is so high because the U-pass is just so ridiculously cheap compared to a transit pass that it would be foolish not to use it. I save about $600 every year compared to using the normal pass and god knows how much money I save utilizing the U-Pass instead of driving and paying $75/month for parking.
But it does seem in 2021 that fares only accounted for 32% of transit’s funding while 66% of transit’s funding came from property tax revenue (46%) and provincial grants (20%). The TTC for comparison gets 38% of funding from revenue and 38% from the municipal level with about 20% of funding from other streams of government primarily the provincial government. Calgary gets about 44% of its operating budget from transit revenue as another comparison. However, with the increased ridership Winnipeg is expected to have approximately 43% of transit funding come from revenue by the end of this year or 2023.
Anyways, to make up for the 32% we would need to find about $68 million in funding to offset any revenue streams for transit. If it was done primarily through property tax each household would need to pay an extra $226 a year. However, if you consider that a transit pass is $1200 yearly that would save the average Winnipegger nearly $1000 if they decide to use transit going forward. Of course there’s the other option of the provincial government providing more grants considering 60% of the population of Manitoba lives in Winnipeg. So there’s alternatives to funding transit to make more accessible for lower income residents through taxes but I don’t think any of the candidates appear to have the political will to implement such a system.