The Nexus budget is set and monitored by the Joint Transport Committee (JTC) of the region's two combined authorities, the North East Combined Authority - visit the NECA website by clicking here and the North of Tyne Combined Authority - visit the NTCA website by clicking here. Our policy is set and activities overseen principally by the Joint Transport Committee's Tyne and Wear Sub-Committee (often called the TWSC or 'twisk').
The JTC funds Nexus through a levy on the five district councils of Tyne and Wear; Gateshead, Newcastle, North Tyneside, South Tyneside and Sunderland. The amount each council gives is in proportion to its population. This levy funding pays for the local transport Nexus provides including free or cheaper concessionary travel, subsidised bus services (about 10% of routes in Tyne and Wear including school buses), bus stations and stops, the Shields Ferry and specialist services for disabled people.
The levy funds a small proportion of operating the Tyne and Wear Metro with fares from customers using the service, plus a grant from the Department for Transport making up the majority of its funding. Metro does not make a profit and all the revenue from it is reinvested in providing a service for local people.