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- W2243436731 abstract "This paper documents Honolulu's efforts to establish a prepaid bus pass program at the time of a major fare increase. It also discusses the revenue-forecasting techniques used for estimating fiscal impact of change in fare structure. A comparison of the forecasted values with the results of the actual fare structure change is also presented. In FY 1980, the Honolulu bus system carried more than 60 million passengers and used about 300 buses. The system coverage is more than 95 percent of the island population of approximately 720,000. On November 1, 1979, the basic cash fare of $0.25 was increased to $0.50. At the same time, the sale of prepaid monthly bus passes was initiated with the basic cost of $15.00; this significantly reduced the impact of the fare increase on frequent riders. As a result, the system did not experience any noticeable reduction in patronage. The average monthly revenue of $850,000 for FY 1979 has increased to a current level of $1.5 million. The system's major objective of increasing revenue was successfully accomplished without significant economic impact to the system riders. This was accomplished through the combination of fare increase and the initiation of discount prepaid passes. (Author)" @default.
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- W2243436731 date "1981-01-01" @default.
- W2243436731 modified "2023-09-27" @default.
- W2243436731 title "FARE CHANGES AND PREPAID PASS PROGRAMS: HONOLULU'S EXPERIENCE" @default.
- W2243436731 hasPublicationYear "1981" @default.
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