Has BT considered making the public bus service fare free?
A new question this year: How is BT thinking about providing service in the context of Bloomington’s annexation proposal?
May’s answer on the fare-free question was the same as it has been before: Yes, but that would depend on identifying a source of funding to make up the revenue shortfall.
Fares make up a relatively small percentage of BT’s revenue budget, which totals about $15 million in 2022.
But there would still be around $600,000 in annual fares to cover, that normally is paid by regular rank-and-file resident passengers.
Also potentially in the mix would be a roughly $1-million annual contribution made by Indiana University to allow faculty, students and staff to board without paying a fare. Continue reading “City council budget hearing draws questions for Bloomington Transit on fare-free rides, geographic expansion”