About 40% comes from fares. About 25% is government subsidies. The rest is a mixture of borrowing, advertising/rental income, a central London road tax, and 8% is funding for Crossrail (but this represents pure infrastructure investment so does not affect the steady state).
I have to admit, having reviewed the figures, I am a bit surprised and concerned at the level of borrowing involved.
https://tfl.gov.uk/corporate/about-tfl/how-we-work/how-we-ar...
About 40% comes from fares. About 25% is government subsidies. The rest is a mixture of borrowing, advertising/rental income, a central London road tax, and 8% is funding for Crossrail (but this represents pure infrastructure investment so does not affect the steady state).
I have to admit, having reviewed the figures, I am a bit surprised and concerned at the level of borrowing involved.