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 $331.8 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 $160.4 million or 48.3 per cent of total funding.
Local governments contributed property taxation (transfers) totalling $76.1 million or 22.9 per cent of total funding.
Revenue from passenger fares (operations), advertising, investments and fuel tax totalled $95.3 million or 28.7 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 17 private management companies, 4 public operating organizations and 9 non-profit agencies.
- Transports 57.4 million passengers annually.
- Serves more than 1.98 million people in B.C.
- Operates 88 transit systems - conventional, community, custom and paratransit.
- Owns a fleet of 1,079 high-capacity, heavy-, medium- and light-duty buses.
- Total operating expenditures in 2018/19 of $258.5 million.
- Total capital expenditures in 2018/19 of $85.4 million.