Today, almost one million bus riders are likely to slip through the back door of a city bus or rush past the operator without making eye contact, evading the fare. During the first three months of 2024, 48 percent of bus riders did not pay, signaling a crisis for the Metropolitan Transportation Authority. This fare evasion problem has resulted in significant financial shortfalls for the M.T.A., threatening its already beleaguered transit system's viability.
The M.T.A. lost $315 million because of bus fare evasion and $285 million as a result of subway fare beaters... They're looking at deficits of up to $1 billion in the coming years. A big reason for these deficits is that the actual fare revenue being collected is turning out to be lower than anticipated, primarily due to the substantial losses on the buses.
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