Toronto: Fares, per token (cheaper than cash, the same as Metropass if you travel 10 times per week) are $2.00, going up to $2.10. Start stocking up! Revenues from fares are 80% (this is generally known and stated in many places, but according to my calculations from the TTC’s 2004 Annual Report, it’s 92.8%, unless you factor in their separate operating subsidy, which makes it 69.2% — can I just say the TTC’s annual report is the most amateurish piss-poor document I’ve seen.) . The city and advertising pays the rest of the TTC’s revenues. This year we will receive $132 million in gas tax from the province. That’s 13.3% of total expenses, zero percent of capital expenses. Wow!
New York City: This comprehensive transit system, the most equivalent to Toronto’s as it’s the biggest system in the US and ours is in Canada, gets 57% of operating expenses from fares, 17% from local, 20% from state; 71% and 29% of capital expenses from local and federal respectively.
The blogger goes through percentages that the farebox contributes to the overall operating and capital costs in operating the respective transit system as well as a bunch of other figures. Looking at each transit system in terms of an accountant is all well and good.
However what this blogger fails to note is value for money. A businessman and customer understands the concept of value for money. A good businessman will provide a very good product or service at a highly competitive price. Customers see this everyday when they shop. Duracell is a well known company that provides well made batteries that a customer knows will last a respectable time length for the amount a customer pays for it. The customer could choose another battery, but Duracell has proven to be good value.
In terms of transit lets take a look at the two transit systems noted above.
TTC: Two main subway lines (Bloor-Danforth-Scarborough RT and Yonge-University-Spadina line) and one stub line (Sheppard Subway) that provides local service only. This system is complimented by overcrowded buses and streetcars running within mostly mixed traffic. Cash fare $2.50 Canadian (as of today).
Distance Travelled: Finch Subway to Union Station via Yonge-University-Spadina Line local service 30 minutes.
MTA New York City Transit: Several subway lines with both express and local service during the day. Also at least some local service operates 24 hours a day. This system has more trackage than all other transit systems in North America combined! This service is complimented by many buses that operate in mixed traffic. These buses, depending on their route, can be overcrowded in some areas depending on the time of day. Cash fare is $2.00 U.S. (far less than $2.50).
Distance travelled: Borough Hall (Brooklyn) to Times Square-42nd Street (Manhatten) via 2 Express Train (approx 20 kilometres) in 15 minutes.
As a transit rider that has experienced both Toronto’s and New York City’s transit systems, I much prefer New York’s for a couple of reasons:
1. New York system moves over 10 million people a day and makes it look effortlessly in most cases. This is probably perhaps you can go practically anywhere in the 5 boroughs (Manhattan, The Bronx, Brooklyn, Queens & Staten Island) on one single ticket. Toronto, in contrast, requires you too walk for a couple of blocks in order find a bus or streetcar. Most of Toronto’s transit system tends to be servicing the downtown core with only a few routes, mainly on arterial roads, operating in the outer areas of the city.
2. New York’s train cars and buses are newer than Toronto’s. New York’s train cars, on some routes, even announce upcoming stops and other transit lines you can transfer too automatically in both audible and visual forms. Toronto’s transit cars now has conductors who announce upcoming stops. Toronto’s buses date from the late 1980s mostly while the New York buses date from the 1990s and onwards.
The value for money points towards New York’s system as being far superior in terms of miles of track (and thus speed to get to and more areas of the city served) in comparison to Toronto’s. Yet Toronto’s cash fare keeps increasing. New York’s fare does too but at least their is value for money being seen by the transit user in New York City in terms of renewal of infrastructure (e.g. track replacement, new train cars, etc.) which is in sharp contrast to Toronto. In Toronto, the TTC on a yearly basis cries out for more money just to maintain services it already has. The TTC is crying for money in order to keep the lumbering streetcars in mixed traffic and older overcrowded buses struggeling to stay on the road. Value for money? Sorry TTC you lose!