BART Board Approves Fare and Parking Fee Hikes.
TL;DR
BART's board of directors has voted to increase fares and parking fees to address the agency's budget deficit caused by falling ridership. The plan includes an 11% fare increase over two years, with low-income riders receiving a 50% discount. Parking fees will also be raised, with the proposed daily fee ranging from $3 to $6.30 and the monthly fee ranging from $84 to $220. The changes are expected to allow BART to spend an additional 7.5% on operational expenses, but the agency still expects a two-year deficit of $93 million.
Topics:businesstransportation#bart#budget-deficit#fare-increase#low-income-riders#parking-fees#transportation
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