Ridesharing Companies Just Pumped Exactly $357,593 Into The School District’s Coffers

Ridesharing companies operating in Philly such as Uber and Lyft cut the School District of Philadelphia a check for $357,593 yesterday.

Why such a specific number? Grab your calculators, folks: That amount equals two-thirds of one percent of revenue generated by the companies in Philly. The funds were directed toward the School District’s General Operating Fund in accordance with last July’s temporary budget agreement allowing ridesharing companies to continue operating until September of 2016.

The other third of that one percent, in case you were wondering, is lining the pockets of the Philadelphia Parking Authority (PPA).

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