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Finding F2

Finding F2

BART’s financial model depends on passenger fares for approximately two-thirds of its operating revenue, making the agency vulnerable to sustained declines in ridership.

Jury report: BART at a Crossroads: Structural Deficit, Governance Accountability, and the Choices Ahead · PDF page 21

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Official response

BART Board of Directors

Agrees with clarification: FY2027 fares are budgeted at $308m of $387m operating revenue (80%); operating revenue covers 32% of uses.

Read official response · PDF page 1

Preserves agreement label alongside materially revised percentage and distinct budget-year context.

This review evaluates the response document. Implementation claims have not been independently verified.

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