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Financial Assistance to Texas Transit: Trends and Effects
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1983-10-01
[PDF-2.08 MB]
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Edition:Final Report
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Abstract:Trends in cost, revenues, subsidies, and performance indicators were examined to determine the effect of subsidies on financial and performance aspects of the Texas transit industry. Regression analysis was used to identify influential factors on costs. Positive significant relationships were found for non-subsidy variables: city size, fleet size, public management and labor costs. State capital assistance had a slightly greater influence on costs for large systems than Federal or Local aid. Local capital assistance was more influential than other subsidies on small systems' costs. Operating subsidy was associated with higher costs per mile, higher costs per passenger, and higher costs per hour.
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