THE SUBSIDY ISSUE REDEFINED
The preceding papers made no mention of the portion of the population that is transit dependent - those people who rely on the existence of a decent transit system at a reasonable cost. A more rounded perspective on the issues is needed since public transit subsidies are a necessity to the maintenance of the urban organism. The choice for the present is not whether to subsidize public transportation but whether to have it at all. The answer is that it must be maintained for the transit dependent groups (i.e. urban poor, elderly, etc.), and it must be maintained at a price they can afford. The issue addressed here, and the one that most profitably could have been addressed in the previous papers, is how to design a subsidy program that will maximize the return on the investment.
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Supplemental Notes:
- Publication of this paper sponsored by Committee on Taxation, Finance, and Pricing. Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved.
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Authors:
- GOLDSTEIN, HAROLD
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Conference:
- 54th Annual Meeting of the Transportation Research Board
- Location: Washington District of Columbia
- Date: 1975-1-13 to 1975-1-17
- Publication Date: 1976
Media Info
- Media Type: Print
- Pagination: pp 37-39
- Monograph Title: Transit Operating Subsidies
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Serial:
- Transportation Research Record
- Issue Number: 573
- Publisher: Transportation Research Board
- ISSN: 0361-1981
Subject/Index Terms
- TRT Terms: Aged; Captive riders; Finance; Low income groups; Public transit; Subsidies; Transportation; Urban transportation
- Subject Areas: Administration and Management; Finance; Transportation (General);
Filing Info
- Accession Number: 00138144
- Record Type: Publication
- ISBN: 0309024862
- Files: TRIS, TRB
- Created Date: Sep 16 1981 12:00AM