Before the pandemic, the San Francisco Bay Area Rapid Transit District (BART) earned more than 70 percent of its operating costs out of fare revenues, more than any transit agency in the nation other than CalTrain. Ironically, this also made it most vulnerable to a ridership downturn, while agencies like San Jose’s Valley Transportation Authority, which covered only 9 percent of its operating costs out of fares (the fourth worst among the nation’s transit agencies), were relatively immune. Now BART is pleading for more money so it won’t have to dramatically reduce service as it exhausts federal COVID relief funds.
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As part of that plea, BART published a report on its role in the Bay Area earlier this week. The report admits that BART’s ridership has dropped — as of May, it carried less than 45 percent as many riders as before the pandemic — due to increases in remote work. “BART ridership is closely linked to office occupancy rates,” says the report, with an accompanying graphic showing that ridership has moved in almost exact parallel to San Francisco-Berkeley-Oakland office occupancies. Continue reading
