• Aatube
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    110 days ago

    Yeah that’s already factored in as savings and thus deducted from the costs:

    The cost of eliminating fares from all city buses would likely be north of $700 million – an MTA analysis from 2022 put the cost for fiscal year 2026 at $778 million, Mamdani’s campaign said. A separate analysis on free local bus service from the city Independent Budget Office incorporated savings that fare-free bus rides would produce, including on fare enforcement and collection costs, totaling $33 million per year. They found the total cost would be $652 million.

    I already deducted an extra $52 million for a good-looking number. Whatever the independent analysis didn’t think of is not likely to go beyond this $52 million.

    • @[email protected]
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      10 days ago

      I dont think its polite to include the settlements of cases of police abuse. Or monetizing the dead.

      • Aatube
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        210 days ago

        If you don’t include them then the cost is gonna be higher than $600 million. My point that it won’t pay for itself and has to suck up funds that could’ve been used for infrastructure remains.

          • Aatube
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            210 days ago

            What is the point you’re trying to make here?

          • Aatube
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            110 days ago

            Also, what does this have to do with means testing?

            • @[email protected]
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              110 days ago

              Thats what charging money for tax funded tra!sit amounts to. It’s usually an anti homeless measure.

              • Aatube
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                110 days ago

                Regressive taxes are far, far more cost efficient than means testing. And like I said, the costs saved by eliminating fare are already factored in. They’re $33 million per year, and I added an extra $52 million on top of that for good measure.