A transit agency staffer emails:
I always keep up to date with your blog, and I was wondering if you have any information on revenue/cost ratio calculations on an individual route basis?
I am hoping to conduct revenue/cost calculations on individual routes at [our agency], however we have never embarked on such an exercise on a route by route basis, and I have a general idea of how such calculations are done. But I still have some lingering questions.
Also, what is your opinion on such calculations? Do you feel they are a helpful tool? Coming from [City x], I have had them drilled into me from when I first got interested in transit, as cost recovery is a big topic [there]. But I notice other areas don't seem to be as interested in it.
I was hoping it would be a good tool to show which routes have high recovery ratios and therefore may not only a small amount if any government funding for improved services.