Collapsed fare revenues and expanded employee numbers are listed as areas that may have contributed to an operating deficit at the San Francisco Municipal Railway (also known as Muni), according to a new report from an urban think tank released on March 26.
The San Francisco Municipal Transportation Agency (SFMTA), the agency that runs Muni, reported to the Federal Transit Administration a fare revenue of $94 million in 2024, a 66 percent drop compared with the one of more than $283 million in 2015 adjusted for inflation.
