If it costs them 10 to administer and they’re paid 2.75, don’t you subtract what they’re paid from their cost?
I skipped stating my subsidy calculation though- 5 workdays at 40 work weeks at $10/trip is $2000 (I’m factoring in lots of days off and assumptions about not always taking rail to work). Also assuming “rides” translates to “individual rider,” which may not always be true, does seem to translate to individual orca taps.
And now I realize I made a huge error there. I only factored in a one way trip. The subsidy is something like $4000/commuter for round trips (or $3000 if you assume that the fare drop is recovered by the program.)