Passengers aren’t paying fares when they board the Link, and it’s starting to worry Sound Transit.
Wednesday, the Sound Transit board of directors, alongside Puget Sound region civic leaders, met to discuss the long term ramifications of the simple fact that revenue generated from soliciting fares from Sound Transit patrons are significantly below their revenue forecasts, with cascading ramifications for the future outlook of realignment— adjusting light rail’s expansion in keeping with the rising cost of real estate and building materials.
The board reported that “farebox recovery” revenue generated to pay for Sound Transit’s operations was 35% below their target goals in 2021. The transit agency reports that only
→ Continue reading at MyNorthwest