SAN FRANCISCO (KCBS RADIO) – The BART board voted on Thursday to approve a fare increase that is set to begin on July 1.
For more, stream KCBS Radio now.
The board approved a two-year budget that will improve rider experience while maintaining full-service levels and prioritizes keeping trains safe and clean, BART said in a press release. The budget for 2023 and 2024 includes a 3.4% fare increase, a spokesperson for BART told KCBS Radio.
The original fare increase was scheduled for Jan. 1, 2022, but was postponed for six months due to the omicron variant outbreak. The increase will add 15 cents to the average fare of $3.78 and for longer trips, the increase will be 30 cents, the release said.
The fare increase will help BART keep pace with the rising cost of providing safe and reliable service. The fare increase is expected to bring in about $15 million in revenue for the 2023 and 2024 fiscal years, according to the release.
The board has a long-standing policy to implement fare increases every two years on a formula based on the rate of inflation minus 0.5%, BART confirmed to KCBS Radio. The $2.5 billion 2023 budget will focus on buying new train cars, Measure RR rebuilding projects and the Core Capacity program to help increase service levels, the release said.
DOWNLOAD the Audacy App
SIGN UP and follow KCBS Radio
Facebook | Twitter | Instagram
Related
