Another Billion-Dollar Boondoggle for San Jose

San Jose’s transit system is a mess, partly because the region decided to spend billions on light rail even though it is completely unsuited for such transportation. But in addition, the Valley Transportation Authority (VTA) is simply poorly managed. For example, in 2021 the agency spent $249 per mile operating buses and $536 per vehicle-mile operating light rail, when the national averages are only $158 for buses and $389 for light rail.

In 2019, fares paid by VTA riders covered just 9.1 percent of the agency’s costs. As if that wasn’t pathetic enough, by 2021, this had fallen to 3.4 percent. At the same time, the share of Silicon Valley workers taking transit to work fell from 4.8 percent to 1.1 percent. More Silicon Valley residents who live in households without cars drive alone to work than all of the ones who take transit to work. Continue reading