The National Transit database is out for 2007, and this time there is data that is either new or at least new to me. For selected items, time series data is presented for each year from 1991 to 2007, showing how the MTA (and perhaps other transit agencies) got into this mess. I’ve analyzed the data for two MTA subsidiaries: New York City Transit (NYCT), my main concern and former employer, and the Long Island Railroad (LIRR), for comparison’s sake. The “download” portion of the attached spreadsheet also contains the same information for other MTA subsidiaries and New Jersey Transit, for those who want to go further. The expenditure detail doesn’t include such relevant items as pension costs, borrowing, debt service and retiree health care expenditures, which can be used by those skilled in political deception (or perhaps self-deception) to shift costs to, and suck revenues, from the future.
What the data does show, however, is that during the 1990s the amount of revenue provided to NYCT, both in fares and subsidies, was drastically reduced adjusted for inflation, both per-ride and per hour a revenue vehicle was in service. In 1993, just prior to the start of the administration of He Who Must Not Be Named, the NYCT had $2.92 per unlinked trip in revenues (operating and capital), including $1.30 from the fare, in 2007 dollars. By 2000 that had fallen to $1.90, a decrease of 35 percent, including $1.01 from the fare. For each hour it operated a revenue vehicle (bus or subway) in1991 NYCT received $264.65, including $94.50 from fares. By 2000 that had fallen to $155.64, a 41.2 percent decline, including $82.87 in fare revenue.