The Promise (and Importance) of Public Transportation

 

A new study from the American Public Transportation Association finds San Francisco residents can save $1,112 per month by riding public transportation and getting rid or their car. A new study by the American Public Transportation Association [APTA] says San Franciscans can save more than $1,100 a month and over $13,300 a year by opting to take public transportation instead of owning a car. With gas prices in San Francisco well over $4 per gallon (and in some locations approaching $5 per gallon), the potential for this kind of savings has never been more critical.

[Want to stay informed about what's happening in San Francisco? Sign up for the Reset SF Newsletter.]

Besides helping individuals and families with their finances, these savings amount to a profound local economic stimulus program. Most of the money that San Franciscan’s save when they ride public transit, or walk or bike to work, goes directly into our local economy – rather than to oil companies or foreign oil producers.

Studies like this serve as a reminder of how critical it is to re-create a reliable and convenient public transportation system in San Francisco. Business as usual from MUNI means a profound negative impact on our local economy. It’s not just about the inconvenience and frustration for commuters, it’s also about a stronger, healthier and more vibrant economy in San Francisco.

Grist has covered this topic quite extensively with their BIKENOMICS series, showing the economic benefits of riding a bike rather than owning a car, and this new study from the APTA demonstrates, once again, how powerful the economic impact of expanding public transit can be.
 

Paid for by Phil Ting for Assembly 2012. FPPC ID# 1343137