TABLE 4-9 Scenario 1: Travel Demand Model Set Estimates of Total Revenue Change: Combined Fare Revenue Gains and Saved Operating Costs Saved Fare Revenue Modal Fare Revenue Operating Gain + Saved Category Gain Costs Operating Costs Bus $29,786,338 $12,417,864 $42,204,202 Heavy Rail $55,990,847 $0 $55,990,847 Light Rail $22,682,434 $1,489,024 $24,171,458 Commuter $17,477,421 $5,736,219 $23,213,640 Rail Ferry* $0 $3,676,569 $3,676,569 THE RIDE $3,741,277 $14,949,038 $18,690,315 Parking $4,965,899 $0 $4,965,899 Total $134,644,215 $38,268,714 $172,912,929 System * Ferry fare revenue is not collected by the MBTA, so the loss in ferry fare revenue is not counted in the total revenue change but the saved operating costs of eliminating the Commuter Boat Subsidy are counted. 4.3.2 2 Scenario 2 Projections Table 4-10 presents produced CTPS’s estimates, using the travel demand model set, of the ridership and fare revenue impacts of the fare increase and service reductions proposed in Scenario 2. All figures are annual. The travel demand model set projects that the greatest absolute increase in fare revenue will occur on heavy rail and the greatest percentage increase in fare revenue will occur on THE RIDE.
TABLE 4-9 Scenario 1: Travel Demand Model Set Estimates of Total Revenue Change: Combined Fare Revenue Gains and Saved Operating Costs Modal Category Fare Revenue Gain Saved Operating Costs Fare Revenue Gain + Saved Operating Costs Bus $29,786,338 $12,417,864 $42,204,202 Heavy Rail $55,990,847 $0 $55,990,847 Light Rail $22,682,434 $1,489,024 $24,171,458 Commuter Rail $17,477,421 $5,736,219 $23,213,640 Ferry* $0 $3,676,569 $3,676,569 THE RIDE $3,741,277 $14,949,038 $18,690,315 Parking $4,965,899 $0 $4,965,899 Total System $134,644,215 $38,268,714 $172,912,929 * Ferry fare revenue is not collected by the MBTA, so the loss in ferry fare revenue is not counted in the total revenue change but the saved operating costs of eliminating the Commuter Boat Subsidy are counted. 4.3.2 2 Scenario 2 Projections Table 4-10 presents CTPS’s estimates, produced using the travel demand model set, of the ridership and fare revenue impacts of the fare increase and service reductions proposed in Scenario 2. All figures are annual. The travel demand model set projects that the greatest absolute increase in fare revenue will occur on heavy rail and the greatest percentage increase in fare revenue will occur on THE RIDE.