CollegeAvenueIndy.org
Jul 18, 2016
According to an April 5th, 2016 post on Advance Indiana, IndyGo plans to rely on rider fares to recover just 17% of the cost of operating the Red Line. It's also relying on extremely rosy projections that ridership for all the city's bus lines will increase by at least 178%. If these unrealistic projections don't materialize, the cost of building and operating the Red Line will be paid for by local income and property tax. In short, there will be no relief from the nearly $50 million you already fork over annually to support IndyGo. Click on the below link for an excellent financial summary of the Red Line business plan.
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