Categories: LocalMoney

One thing is for sure for SEPTA: Fare hike

PHILADELPHIA. In a year of plenty of uncertainty, there’s one thing SEPTA riders can count on: higher fares

The increase is expected to take effect July 1 at the start of the next fiscal year. SEPTA officials are not tipping their hand on how much fares will go up, but estimates range between 2 and 10 percent.

That means base fares could go from $2.00 to $2.25, tokens from $1.45 to $1.60 and weekly TransPasses from the current $20.75 to $22.75.

“We’ve only started to look at the 2011 budget,” said Chief Financial Officer Richard Burnfield. “Mid to late March is when we make our budget presentations” including proposed fares.

SEPTA is also facing questions regarding state funding that threatens to cut its capital budget virtually in half.

“Regardless of how it breaks out from budget to budget, if Act 44 is not properly funded it’s very, very bad news for the system,” said Matt Mitchell of Delaware Valley Association of Rail Passengers, a rider advocacy group. “It’s keeping the system from going back into the downward spiral.”

The Federal Transit Administration must approve plans to toll Interstate 80 in order to keep the money flowing into its coffers.

On the positive side, SEPTA riders could also get a glimpse of the long-awaited new payment technology and new Silverliner V cars on the Regional Rail.

Metro Philadelphia

Recent Posts

Keep New York out of Philly: 76ers owners buy 2,000 tickets for Thursday’s game

The Philadelphia 76ers off-court strategy heading into Game 6 of their NBA playoff series is…

13 mins ago

Lightning in a Bottle: Will Shipley Ready to Contribute for Eagles

The one highlight the Philadelphia Eagles chose to broadcast of Will Shipley after they drafted…

38 mins ago

How “the Philadelphia way” has turned the Eagles into a premier franchise

The Philadelphia Eagles haven’t always been a premier franchise in the NFL. After years of…

2 hours ago

Vendor that mishandled Pennsylvania virus data to pay $2.7 million in federal whistleblower case

By MICHAEL RUBINKAM Associated Press A large staffing firm that performed COVID-19 contact tracing for…

3 hours ago

House passes bill to expand definition of antisemitism amid growing campus protests over Gaza war

By FARNOUSH AMIRI Associated Press The House passed legislation Wednesday that would establish a broader…

3 hours ago

Phillies scramble to narrow win of the Angels to keep remarkable run going

The Philadelphia Phillies took the field in the early afternoon for their final game in…

4 hours ago

This website uses cookies.