G.S. 166
CONFIDENTIAL ##
or information (23.3.82)
機密
XCCI (82)1131- Copy 'No
NOTE FOR EXECUTIVE COUNCIL
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Introduction
MTR FARES FOR 1982
71
Pam 7.613
Members were informed in March 1981, vide note XCCI(81)12, of the MTRC Board of Directors' decision regarding revision of MTR fares with effect from 3rd May 1981, involving an increase of 20 cents on all single ride journeys and the introduction of stored value tickets allowing purchase price discounts and concessionary rates to be charged during off-peak periods (i.e. between the hours 10.00 to 16.15 and 19.30 to 01.00 on weekdays and 10.00 to 01.00 on Saturdays and the whole day on Sundays and Public Holidays). Concessionary fares for children and students were also introduced with effect from 3rd May 1981.
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Under section 6 of the MTRC Ordinance (Chapter 270), the Corporation has the power to determine the fares payable by its passengers. The purpose of this note is to inform Council of the decision of the MTRC Board to revise MTR fares with effect from 10th May 1982 and the factors which the Corporation has taken into consideration before arriving at
such decision.
Patronage and Revenue Since the
Last Fares Increase
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The table below shows the changes from April 1981 (before the fare package was introduced) to December 1981 in average weekday patronage by ticket type:
Average Weekday Patronage (000's)
Change
Ticket Type
April 81 Dec 81
No
%
Adult Single Ride
428
306
-122
-28%
Adult Stored Value
87
310
+223
+256%
Adult Sub Total
515
616
+101
+19.6%
Child/Student Sub Total
47
102
+ 55
+117%
All Tickets Total
562
718
+156
+27.8%
機密
CONFIDENTIAL **
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