Downtown’s Metromover is currently free of charge and has been since the creation of the Metromover system back in the 1980s. Well, city and county planners are now moving forward with motions to put a final vote on whether there should be a charge of $1 per ride on the Metromover. The costs to convert to a paid system will be between $2.4 million and $9 million (huge gap there don’t you think?) and could take years to recoup those costs as there’s also about $525,000 of ongoing annual maintenance….not including any issues that come along the way.
Metromover is currently free to ride, and it could take years to recover the costs of switching to a paid system. Installing fare-collection equipment could cost between $2.4 million and $9 million, depending on the level of security and method of fee collection. It will also cost about $525,000 every year for on-going fare collection operations.
But the estimated revenue that $1 per ride would bring is between $1.8 million and $2.7 million each year, county officials estimate. That money would go towards paying other transit related projects.
[via Next Miami]