4 ms·
subway doesn't have massive funding If I remember correctly, NYC Subway budget is about 10bn. London tube is about 2bn. It's not a money problem.
by AlexTWithBeard 7y ago
subway doesn't have massive funding
If I remember correctly, NYC Subway budget is about 10bn.
London tube is about 2bn.
It's not a money problem.
- CydeWeys 7y agoCan you cite your sources? I don't think you're comparing like to like. These costs also need to be normalized for ridership figures (NYC has higher ridership). And don't forget that most of the figures you're going to see for NYC are for the entire MTA, which runs a lot more than just the subway. And it's important to distinguish the cost per ride vs the subsidy per ride. Fare revenue shouldn't count "against" a transit system. For some figures, the total budget of the London Underground is £10.3B (inclusive of fares): http://content.tfl.gov.uk/tfl-budget-2019-20.pdf http://content.tfl.gov.uk/tfl-budget-2019-20.pdf [pg 10] The total budget of the MTA (inclusive of fares) is $16.3B: http://web.mta.info/news/pdf/MTA-2019-Prelim-Budget-July-Financial-Plan-2019-2022-Vol1.pdf http://web.mta.info/news/pdf/MTA-2019-Prelim-Budget-July-Fin... [pg 14] Normalize those figures to dollar amounts and account for ridership, and it appears that the MTA is cheaper per ride than TfL.
- AlexTWithBeard 7y agoYup, the same exact document, page 78. 10.3bn number is for TFL combined, which includes buses, DLR, overground, tram and other.
- geofft 7y ago1. That doesn't seem right to me? http://web.mta.info/news/pdf/MTA-2019-Prelim-Budget-July-Financial-Plan-2019-2022-Vol1.pdf http://web.mta.info/news/pdf/MTA-2019-Prelim-Budget-July-Fin... says the MTA budget is $16.6B, of which $8.7B is to NYCT (subway + bus + Staten Island Railroad). http://content.tfl.gov.uk/transport-for-london-budget-2018-19.pdf http://content.tfl.gov.uk/transport-for-london-budget-2018-1... says the TfL budget is £9.8B (about $12.2B), of which the Underground alone has a budget of £2.5B (about $3.1B), buses are almost as much, and then there's the Overground and a few others. I don't think the distinction in budget is anywhere near 5 to 1. 2. My argument is not so much whether it has massive funding or not, my argument is that riders have the impression that it has insufficient funding - i.e., riders do not have the impression that the problem with the subway is union salaries and benefits. I'm (obviously) happy to get into transit geekery, but this discussion is about whether people have a positive or negative view of unions.
- scarejunba 7y agoEver since The Most Expensive Mile of Subway Track in the World, the view of NYC's unions isn't really that positive. https://www.google.com/amp/s/www.nytimes.com/2017/12/28/nyregion/new-york-subway-construction-costs.amp.html https://www.google.com/amp/s/www.nytimes.com/2017/12/28/nyre...
- youdontknowtho 7y agoTrillions of dollars change hands every day in New York. How much should the infrastructure for a place like that cost?
- AlexTWithBeard 7y agoThe same as in any other major city?
- geofft 7y agoI mean I think most of us are much happier with the Second Avenue Subway existing at too high a cost than not existing, and I think we primarily blame government for dragging their feet, there's no evidence they were ready to build it at a normal cost but prudently pushing back on greedy unions.
- ilikehurdles 7y agoAre you aware that costs of everything can vary wildly between major cities?
- Jweb_Guru 7y agoWow, just like housing, right?