SOUTH SAN FRANCISCO (CBS SF) – It turns out that the much-heralded new ferry line between South San Francisco, Oakland and Alameda is being subsidized – heavily – by the public. The numbers have been crunched, revealing that for every $14 round trip ticket sold, the public has – or will – kick in nearly $100. In all, the subsidies for the new ferry service total roughly $94 million over a 20 year period. Among the publicly-financed elements of the transit service: the Oyster Point Ferry Terminal, paid for largely with San Mateo County sales tax funds; Bay Area bridge...
