How BC Transit is Funded
Transit service is funded through three main sources: provincial contributions, local government contributions and passenger fares.
The total cost to run the service was $293.2 million. Provincial contributions, which include operating contributions (transfers) and amortization of deferred capital contributions, the Provincial Health Authorities and the BC Bus Pass Program, accounted for $145.4 million or 49.7 per cent of total funding.
Local governments contributed property taxation (transfers) totalling $66.7 million or 22.7 per cent of total funding.
Revenue from passenger fares (operations), advertising, investments and fuel tax totalled $81.1 million or 27.6 per cent of total funding.
BC Transit by the numbers:
- Provides services to over 130 communities across B.C. in collaboration with local government partners, including the Victoria Regional Transit Commission and regional hospital districts.
- Contracts with 18 private management companies, 6 public operating organizations and 13 non-profit agencies.
- Transports 52.3 million passengers annually.
- Serves more than 1.77 million people in B.C.
- Operates 83 transit systems - conventional, community, custom and paratransit.
- Owns a fleet of 1,006 high-capacity, heavy-, medium- and light-duty buses.
- Total operating expenditures in 2016/17 of $229.6 million.
- Total capital expenditures in 2016/17 of $63.6 million.