From the Daily News:
For years, NYC Transit has wildly underestimated how often riders beat the fare, which cheats the cash-crunched agency out of millions of dollars, the Daily News has learned.
Fare-beaters jump turnstiles or enter through emergency exit gates about 19 million times a year, a new agency analysis shows.
That's far more than the old estimate of about 5 million a year, which went out the window in April, when agency bean counters changed the way they tally scofflaws.
The lost revenue is staggering.
Fare-beating deprived NYC Transit of approximately $27 million last year alone, based on an average subway fare of $1.48, according to the new analysis.
Under the old method of estimating fare-beating, the agency believed it was losing about $7 million a year.
The lost revenue is even larger than the amount the Metropolitan Transportation Authority plans to save with subway service cuts that are scheduled to go into effect soon to help plug a large budget gap.
And the cops have cut back on arrests of farebeaters.