Fare Revenue definition
Examples of Fare Revenue in a sentence
The responsibilities of MOW and Fare Revenue employees, (Laborers and Track, Overhead, Substation, Signal and Field Equipment Maintainers) are not limited to a single section of the railroad.
In the event collection of Fare Revenue from passengers/customers is: (a) vide an electronic fare collection mechanism (including electronic tap-in cards) the Operator shall collect and charge electronic tap-in cards, credit cards or debit cards for Fare Revenue from customers/passengers directly to the accounts notified by the Employer; and (b) through cash, the cash collected shall be retained by the Operator and handed over to the Fund Manager on the same day prior to closing of the Facilities.
The Operator shall be fully responsible for the cash collected until the same is handed over to the Fund Manager and shall indemnify the Employer for any Fare Revenue lost or stolen while the cash collected is with the Operator.
The budget for the first year of service is: Operating Expense: $89,925 Operating Revenue: $89,925 FDOT: $42,075 City of Cocoa Beach: $42,075 SCAT: $ 2,675 Fare Revenue: $ 3,100 Capital Expense: SCAT will purchase the transit vehicle to be utilized on the route with SCAT’s Federal Transit Capital Funding.
Total Fare Revenue is the total farebox revenue plus pass sales proration.
For each Reporting Period in which the Adjusted Reporting Period Amount is equal to or greater than the aggregate of the amount of Patronage Revenue and Standard Fare Revenue earned by the Operator in that Reporting Period, TII shall pay to the Operator a Revenue Grant calculated and payable in accordance with clause 39.2 (Amount of Revenue Grant) and Schedule 37 (System Charge and Revenue Grant).
The Monthly Invoice shall itemize trips provided, miles traveled, passengers serviced, On-Time Performance, Missed and Late Trips, and Fare Revenue.
The principle function of the Fare Revenue Specialist is to support the TriMet Ticket Office, sell tickets and passes, provide schedules and materials and respond to walk‐in customers.
Total Estimated Operating Expenses: $4,300,000 [minus] Estimated Fare Revenue: 356,520 [equals] Total Estimated Subsidy: $3,943,480 Maximum FTA Share (50% of above): $1,971,740 FTA Funds Requested: $50,000 TIP Info: (SCAG) #07-VEN150623 - programmed in 15/16 Yes, 3rd Party Contractors will be used for this line item.
The Operator shall be entitled to retain all Patronage Revenue and Standard Fare Revenue, in each case, to the extent contemplated by this Contract.