Tag Archives: medallion

Things You Never Knew You Wanted to Know: Taxi Facts

4 Jul

The Atlanta Police Department’s Bureau of Taxicabs and Vehicles for Hire enforces the city’s ordinances regarding taxi licensing and operation.

To operate a taxi in the city of Atlanta drivers must purchase of a Certificate of Public Necessity and Convenience, also sometimes referred to as a medallion. CPNCs can be purchased directly from the city or transferred from one operator to another.

Taxi drivers must be affiliated with a taxi company licensed by the City of Atlanta.

162: Chapter number of Atlanta’s municipal code governing the operation and licensing of taxis

23: The number of taxi companies licensed by the City of Atlanta

10: The maximum age at which vehicles may be used as a taxis in the city of Atlanta

1600: The number of CPNCs available for taxis in the city.

1554 to 1558: The number of CPNCs currently assigned

$6,000: The minimum cost to acquire a CPNC from the City of Atlanta.

$36,958.50: Average price paid for a City of Atlanta CPNC in 2010

$60,000: The highest price at which a CPNC was transferred from one operator to another in 2010*

$1: The lowest price for a City of Atlanta CPNC transfer in 2010

6: Number of months between inspections for each taxi

$2.50: Mandatory fare for the first one-eighth of a mile of a metered taxi trip. Each additional one-eighth of a mile is 25 cents.

$40.00: Flat rate fare between Buckhead and Hartsfield-Jackson International Airport

Sources:

  • Cedric Burse, manager of the Bureau of Taxicabs and Vehicles for Hire
  • Atlanta Municpal Code

*That sounds like a lot until you see the prices that New York City’s medallions go for. Average cost of a transfer between individuals there in 2010: $603,583.33