Financing Public Transportation of Passengers

Abstract

Public transporta on of passengers has very important role in the life and func oning of urban areas. Public transporta on of passengers s mulates eff ec ve economic ac vi es, improves the life standard and increases the mobility of the popula on. Such system is diffi cult for fi nancing. The revenue that the system brings is not suffi cient to compensate for the opera onal costs. This research presents the possible ways of fi nancing the system of public transit. There are various experiences in fi nancing the public transit in European ci es, but this problem has been also iden fi ed in the ci es all over the world. The system of public transit in the Republic of Serbia has recently started to implement ac vi es related to the improvement in the quality of work and services, as well as ra onaliza on of the system in all aspects of business and opera on, improvement of organiza on and maintenance at all levels, and increase in the effi ciency and reputa on.