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The last RTS bus in circulation makes its final run

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1 hour ago, Missabassie said:

Somma these ignorant folks need to stop wit this. The (MTA) don't need any more money, period. The need to get their current finances under control, thankfully more & more people are realising this. They get funding left, right and center & its never enough.

When you're losing $225 million annually on fare beating alone, there's a management problem... A big one...

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7 hours ago, Missabassie said:

Somma these ignorant folks need to stop wit this. The (MTA) don't need any more money, period. The need to get their current finances under control, thankfully more & more people are realising this. They get funding left, right and center & its never enough.

Funny, because the catalyst for the current financial situation can be traced back to certain politicians defunding the MTA while in the middle of recovery.

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3 hours ago, Lex said:

Funny, because the catalyst for the current financial situation can be traced back to certain politicians defunding the MTA while in the middle of recovery.

Guess I missed something (probably because I'm so "far detached" by being a few hundred miles away), but just when exactly was the MTA in some sort of "recovery"? In tracing history, they've been trying to catch-up for past wrongs pretty much since the 1970s.

So when exactly was the MTA "just on the cusp" of having everything righted, and somehow their "success" was thwarted by outside forces, leading to what's happening today?

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On 5/14/2019 at 6:41 PM, DetSMART45 said:

Guess I missed something (probably because I'm so "far detached" by being a few hundred miles away), but just when exactly was the MTA in some sort of "recovery"? In tracing history, they've been trying to catch-up for past wrongs pretty much since the 1970s.

So when exactly was the MTA "just on the cusp" of having everything righted, and somehow their "success" was thwarted by outside forces, leading to what's happening today?

Late '90s - early 2000s.

Quote

Gov. George Pataki first announced unlimited ride cards in early December 1997. Original plans called for a $63 30-day card, a $17 seven-day card and a $4 one-day fun pass. In a twist of history, the MTA could afford to offer these discount cards because of a surplus of tax revenue in 1997. The agency was expected to lose over $230 million on the per-ride discounts, and as riders today pay an inflation-adjusted fare that is 36 cents lower than the average fare was in 1996, this loss is still haunting the MTA today.

 

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1 hour ago, bobtehpanda said:

Gov. George Pataki first announced unlimited ride cards in early December 1997. Original plans called for a $63 30-day card, a $17 seven-day card and a $4 one-day fun pass. In a twist of history, the MTA could afford to offer these discount cards because of a surplus of tax revenue in 1997. The agency was expected to lose over $230 million on the per-ride discounts, and as riders today pay an inflation-adjusted fare that is 36 cents lower than the average fare was in 1996, this loss is still haunting the MTA today.

In 22 years the fare has only doubled, but the loss/deficit has projected to treble.

The mismanagement from Pataki to now is staggering.

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1 hour ago, Deucey said:

In 22 years the fare has only doubled, but the loss/deficit has projected to treble.

The mismanagement from Pataki to now is staggering.

IIRC the number of people paying the actual base fare is only around half. And the free transfer post-tokens was a 50% fare cut if you were in the outer boroughs. 

The fare in 1997 paid for a lot less than it does now. But of course everyone wants their cake and to eat it too.

*Note: I'm not advocating for a return to the two fare policy, but the fact of the matter is we made the MTA give out a lot more and didn't give anything much in return.

Edited by bobtehpanda

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3 hours ago, bobtehpanda said:

Don't forget that Giuliani wanted express bus fares to be decreased while cutting general funding (clearly a stroke of genius...).

Edited by Lex
  • LMAO! 1

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