Who is going to pay the operating cost of rapid transit?
The operating cost for the rapid transit system, once farebox revenues have been counted, is estimated to be $10.5 million a year in the opening year of service. The cost recovery of rapid transit will be better than (double) that of GRT buses. Remaining operating cost will be covered by the Region. The property tax impact for rapid transit will be $40 to $50 per household, and will be phased in over a number of years.
