How does BART make money?
How does BART make money? The operating budget funds the annual operation and maintenance of the BART system. Operating budget sources include passenger and parking revenue, taxes, and financial assistance from local, state and federal sources.
Is BART in financial trouble?
Once celebrated for its financial independence, BART is now facing a financial crisis. In large part because of just that, its dependence on riders.
What happens to old BART trains?
The majority of the old cars will be recycled. The Fleet Disposition Team will manage the process, including selecting which parts should be harvested from retired vehicles and choosing which cars with the highest failure rates get retired first.
Why is BART 50% off?
In celebration of BART's upcoming 50th anniversary on September 11, BART is offering a 50% discount for the entire month of September 2022. The reduced fare will be automatically deducted when using Clipper at the fare gates.
Is BART more expensive than driving?
Taking the train has long been less expensive than driving when considering bridge tolls and parking — and now it's an even more affordable option when you consider most Bay Area gas stations are charging more than $6 a gallon.
Is BART making money?
Factoring in these new state budget funds, assuming MTC commissioners adopt the staff recommendation in mid-November 2023, BART must now solve a $326M deficit before FY28. It was previously $678M. BART would then face and annual operating deficit of $264M starting in FY28.
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