rbt
Senior Member
78% of the GO Transit operating cost, or of the Metrolinx operating cost?
Metrolinx but excluding Presto. They don't break down their departments in the financial reports despite having some subsidy components targetted directly at those departments (Presto they mention but it isn't the only string). They also don't describe what is in the operations or capital budgets in the online reports. For example, 10 year elevator/escalator overhauls can be put into either budget. Toronto budgets give significantly more detail of the capital components.
TTC is well known for taking a large number of operations maintenance items to achieve a high price tag then tossing it in the capital budget. They do it because in Toronto capital dollars are easier to get than operations dollars even if the item it is being spent on and the dollar value being spent is the same. Metrolinx may be doing the same which artificially inflates the Cost Recovery Ratio; they also state it is best if it is high.
I much prefer VIA's annual reports as you have an idea of how much each route costs to run, manpower required, and support functions like the central office are handled separately.
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