As we posted earlier in the week, the City of Albuquerque’s plans to up transit spending are a waste of money. But, there is another major mass transit project operating in New Mexico that, while operational, is an enormous boondoggle. That is the Rail Runner of course.
Basically, when taken as a whole, the sorry state of farebox collections among New Mexico’s transit projects SHOULD be clear indicator that, contrary to the fervent desires of the political class, New Mexico is just not a place where mass transit makes sense.
Remember, transit projects across the country average 30% farebox recovery. The following chart is from the Legislature’s report on the Rail Runner. Of course, because the Rail Runner’s infrastructure costs far exceed those for buses, it is overall a worse investment, but the facts don’t like: spending money on transit in New Mexico is a waste.