Loading ...
Sorry, an error occurred while loading the content.
 

BART fares increase 10%

Expand Messages
  • 1/1 Bay City News
    Published Thursday, January 1, 2004, by Bay City News BART fare increase goes into effect on New Year s Day It now costs a little more to ride BART, due to a
    Message 1 of 1 , Jan 1, 2004
      Published Thursday, January 1, 2004, by Bay City News

      BART fare increase goes into effect on New Year's Day

      It now costs a little more to ride BART, due to a 10-percent fare
      increase effective today.

      This is only the second fare increase in eight years, according to
      BART Board President Pete Snyder. The last one, a 5 percent increase,
      went into effect last January.

      BART officials say previous fare increases in the mid-1990s were
      dedicated to helping fund the system's $1.2 billion system-wide
      renovation program, which included rebuilding BART's original fleet
      439 transit cars, replacing or rebuilding 120 escalators, overhauling
      60 elevators, purchasing new vending equipment and fare gates and
      other improvements.

      The more recent increases, however, are needed to help make up for
      significant operating deficits the transit system is facing and to
      avoid reductions in service. Snyder is reminding riders that the
      increases are still lower than the inflation rate for the same
      eight-year time period.

      "Costs have been going up while revenue was going down," Snyder
      explained.

      "Major increases have been seen in both health care and energy costs."

      Snyder cites the downturn in the economy over the past three years as
      the primary cause of the system's deficits. He says it has had a
      negative impact on BART's two major sources of income: it has reduced
      farebox revenue as a result of a decline in ridership and created less
      than anticipated sales tax receipts in the three BART counties, of
      which BART receives a small percentage.

      When the fiscal year 2004 budget was adopted last spring, BART was
      facing a $38.8 million deficit, transit officials say. That deficit
      has been cut by more than $15 million through aggressive cost controls
      and layoffs, in addition to the upcoming fare increase.

      With the 10 percent fare increase, the minimum fare will go up from
      $1.15 to $1.25, which BART officials say is closer to the cash fares
      of other Bay Area transit systems such as San Francisco MUNI, AC
      Transit and SamTrans.
    Your message has been successfully submitted and would be delivered to recipients shortly.