Ridership on the $1.2 billion Bay Area Rapid Transit line to San Francisco Airport — which was never very high in the first place — has declined by 10 percent since 2013, which translates to a $4 million annual loss in fare revenues. Ridership on the $500 million BART-funded cable car to the Oakland Airport, which was also well below expectations, declined by 6 percent in the past two years, equal to about $620,000 in lost revenues.
BART blames ride hailing services for the loss in business, claiming that no one could have predicted the rise in such services when the agency planned these lines. Ride hailing is very predictable now (hindsight being 20:20), yet BART is still planning new lines, including an extension to Livermore, a second transbay crossing, and of course the line to downtown San Jose.
To pay for these new lines, as well as reconstruction of existing lines, BART asked voters to approve $3.5 billion in new funding in 2016 — and spent two years and an unknown amount of tax dollars promoting the ballot measure (without actually mentioning the measure) with the slogan “it’s time to rebuild.” It also failed to report these expenditures in a campaign filing statement, for which it was fined a whopping $7,500 by the state Fair Political Practices Commission. As one voter noted, “that’s not a fine; that’s a fantastic investment.” Continue reading
