SamTrans’ debt service requirement this year is $24.4 million, with $12.7 million going to pay down the debt related to the BART airport extension.
It operates 48 bus routes in San Mateo County but just four them handle nearly half of the transit agency’s weekday ridership.
SamTrans has a weekday average ridership of about 45,000 a day but 45 percent of the riders travel on just four routes: the 120, 292, 390 and 391.
Those last two are the main routes up and down El Camino through B'game. Keeping it solvent is important especially because
SamTrans only recovers 12 percent of its cost from the fare box and gets most of its support from tax revenue.
That revenue model is where the recurring Caltrain funding issues originate, too.........it's a shame that half the debt is for a BART connection that is so problematic.