Monday Must Read: New Ferry Service Is a Bust; Grant for More Oakland Cops Comes with Strings

Stories you shouldn’t miss:

1. The new ferry service between Oakland and South San Francisco, which cost $42 million in taxpayer funds to launch, is a bust so far and could be forced to shut down unless more commuters start using it, the Chron reports. Only about 130 passengers rode the ferry each day last month — less than one third of the original projection. The little-used service soaks up about $2.3 million a year in public subsidies from bridge toll revenues, meaning that at current levels, each ride costs about $100 to finance.

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