In answer to critics of his proposal for free bus transit, New York City mayoral candidate Zohran Mamdani posted the video below pointing out that the Staten Island Ferry is free. “Who said public transit can’t be free?” he asks.
Yet it isn’t really free for three reasons. First, taxpayers spent $154 million operating it in 2023 (plus $19 million on capital replacement costs to keep it running), which worked out to well over $10 per trip. In 2019, before the pandemic, ridership was higher but it cost more than $7 per trips. Continue reading