Problems　of　financial　subsidies　for　bus　companies　include　conflicting　views　among　different　government　administrations　on　the　service　value　of　public　transport,　and　difficulties　in　the　measurement　of　financial　subsidies　for　bus　companies.　This　paper　presents　a　novel　study　that　determines　a　financial　subsidies　index　usingthe　social　development　value　of　bus　companies.　The　characteristics　required　for　good　performance　of　a　public　transport　enterprise　are　identified　to　be　operating　income,　operational　cost,　operational　safety,　passenger　volume,　and　service　quality.　The　calibration　of　a　fuzzy　multi-attribute　decision　model　is　introduced,　followed　by　a　case　study　ranking　bus　companies　for　financial　subsidy.　©　2010　ASCE.