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By kevlahan (registered) | Posted May 15, 2014 at 09:17:17 in reply to Comment 101293
As a follow up to my previous point that although Calgary describes the $0.27 and $1.50 as the "total operating cost" per passenger, it is clear they must be net of revenue.
In Calgary the average fare per passenger is $1.43 and they recover 47% of total operating costs from fares (and another 8% from other revenue like advertising). This means that the average total operating cost per passenger is $3.05, and the average net operating cost (for both bus and LRT) is 0.45 * $3.05 = $1.37, less than buses and more than LRT, just as expected.
It is therefore impossible that the "total operating costs" of $0.27 and $1.50 are not already net of revenue.
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