#### muller877

##### Senior Member

If you look at the recovery ratios of other transit authorities there is a mix of what is included and what is not. But generally maintenance is included. Except the TTC. There is always a SOGR that comes from the capital fund which should be included as a subsidy in the farebox recovery ratio. TTC is way overstated.MiWay has a 46% farebox recovery ratio, while Hamilton (Street Railway) has a 45% farebox recovery ratio. The TTC has 72.8%. That's 72.8% paid by the TTC user. The rest is subsidy. (New York City is at 47%, Montreal is at 46%.) If the TTC had a higher subsidy (a lower FRR), maybe there would be a fare integration.