Farebox definition

Farebox means a device that accepts coins, bills, tickets, and tokens given by passengers as payment for trips.
Farebox means a receptable affixed to the inner floor of the vehicle for the purpose of collecting the appropriate fare from respective passengers.
Farebox means the physical enclosure located on Athens Public Transit (APT) vehicles for the purpose of fare collection.

Examples of Farebox in a sentence

  • Farebox recovery ratio is not one of the five specific indicators but is a requirement for continued TDA funding.

  • Farebox and local funding in compliance with PUC Section 99268 et.seq.

  • Farebox recovery is calculated as farebox revenues divided by total modal operating expenses based on a rolling 12-month period of data.

  • Farebox revenues are fares paid by riders, including those who are later reimbursed by a human service agency or other user-side subsidy arrangement.

  • Farebox receipts are one type of revenue that may be used to secure the bonds.

  • Applicable to the following shops: Radio shop, Farebox, Metro Heavy Overhaul, Electric Motor Shop, Metro Field Maintenance Support, Cameron Beach Car House Light Rail Vehicle Maintenance, P.C.C. Historical Fleet, Metro Light Rail Vehicle Maintenance, Potrero Trolley Maintenance, Presidio Trolley Maintenance and the Electronic Shop.

  • Farebox revenues do not include payments made directly to the transportation provider by human service agencies to purchase service.

  • Farebox revenue will be counted by Provider’s office employees daily and reconciled against the stated number of passenger trips.

  • Farebox revenue is considered income and is deducted from total operating cost to determine the net cost of the activity.

  • Farebox revenue is the property of ICTC, and Provider will submit written reports to ICTC of revenue collection.


More Definitions of Farebox

Farebox means the equipment, including software to make said equipment function, on board a transit vehicle that collects and securely stores bill, coin and token fare revenue from the customer

Related to Farebox

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