Corporate Funding
Transit service is funded through three main sources: provincial contributions, local government contributions and passenger fares.
Victoria Regional Transit System Funding
The Victoria Regional Transit System is governed by the Victoria Regional Transit Commission (the Commission). It consists of a minimum of seven members (five locally elected mayors and two councillors) who are appointed according to the British Columbia Transit Act.
The Commission sets routes, service levels, fares and local taxes for transit purposes. It reviews and is responsible for raising the local share of the annual cost of transit in the region. Funding regulations for the Victoria Regional Transit System are described in the British Columbia Transit Regulation and the Motor Fuel Tax Act.
Regional Transit System Funding
Transit service is funded through three main sources: provincial contributions, local government contributions and passenger fares.
How Victoria Regional Transit is Funded Funding Transit service in the Victoria Region is funded through four main sources: provincial contributions, local government contributions, fuel tax and passenger fares. The total cost to run the service last fiscal year was $175.3 million. Funding for the system came from transit fares (operations) and bus advertising ($35.9...
Transit service is funded through three main sources: Provincial contributions, Local government contributions and Passenger fares.
