BUS TRANSIT SUBSIDIES IN CONNECTICUT (ABRIDGMENT)

This paper traces the development of state transit operating subsidies in Connecticut and analyzes various operating subsidy options. From these analyses, an efficiency incentive formula was recommended to the Connecticut Public Transportation Commission in 1985. Under this formula, the state's share of operating costs increased as the farebox recovery ratio increased. Because this approach would increase state aide to some independent transit districts and reduce it to others, it was not acceptable to the state legislature. A revised "constant state share" formula, in which the state pays the operating deficit up to 67 percent of the total operating costs subsequently was implemented by the state Department of Transportation and legislature.

• Record URL:
  http://onlinepubs.trb.org/Onlinepubs/trr/1988/1202/1202-011.pdf
• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/isbn/030904801X
• Supplemental Notes:
  • This paper appears in Transportation Research Record No. 1202, Transit Issues and Recent Advances in Planning and Operations Techniques. 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
• Authors:
  • Levinson, Herbert S
• Publication Date: 1988

Media Info

• Features: References;
• Pagination: p. 84-87
• Monograph Title: Transit issues and recent advances in planning and operations techniques
• Serial:
  • Transportation Research Record
  • Issue Number: 1202
  • Publisher: Transportation Research Board
  • ISSN: 0361-1981

Subject/Index Terms

• TRT Terms: Alternatives analysis; Bus transportation; Economic efficiency; Fares; Formulas; Incentives; Intercity bus lines; Operating costs; State aid; Subsidies
• Uncontrolled Terms: Efficiency
• Geographic Terms: Connecticut
• Old TRIS Terms: Option; Recovery ratio
• Subject Areas: Economics; Finance; Highways; Motor Carriers; Public Transportation; I10: Economics and Administration;

Filing Info

• Accession Number: 00489718
• Record Type: Publication
• ISBN: 030904801X
• Files: TRIS, TRB
• Created Date: Nov 30 1989 12:00AM