In my first article reviewing the TTC’s budget updates of September 15, 2015, I looked at the Capital Budget for 2016 and the ten-year plan out to 2025. This installment looks at the Operating Budget including proposals for fare increases and service improvements.
The reports discussed here are:
- An update on the 2016 Operating Budget
- Preliminary Fare Scenarios for 2016
- Proposed Service Improvements for 2016
Updated September 21, 2015 at 10:05 pm:
The TTC has responded to questions I posed to clarify some issues raised by this article regarding: ridership, revenues and costs for Pan Am Games operation; treatment of capital-from-current related to bus purchases in 2015 and 2016; contract service changes for York Region; and diesel fuel hedging savings. See the end of the article for details.