St. Johnians are asking the Public Service Commission to reconsider its approval of a $2 fare increase for the Red Hook-Cruz Bay ferry.
The St. John Source reported Coral bay-based Unity Day filed a formal request with the PSC which, among other things, cast skepticism about the financial information the ferry companies proffered to justify the increase.
The ferry companies have long complained they are losing money, but have not offered to make public their financial reports. Any anyone who rides the ferries or car barges knows record keeping is nil. “And best of all, it’s a cash business,” just like vending machines.
Unity Day estimates that 20% of island residents use the ferry for work or school commuting and that the average commuting cost is $3,000/year.
The Public Service Commission said it would have a comment within 20 days.
Read the full Source report here: http://www.onepaper.com/stjohnvi/?v=d&i=&s=News:Local&p=1223617484