Captcha typing job 20171/13/2024 The transit system had decreased base fares to $2 from $2.25, but longer trips on the metro system now cost more, NBC Washington reports. Metrorail in Washington DC, the country’s third largest rail system, approved a fare hike in April. ![]() San Fransisco’s Bay Area Rapid Transit (Bart) fares will increase by 11% over two years as the transit system navigates a budget shortfall amid decreased ridership during the pandemic, SFGate reported. Several US cities have proposed or implemented fair hikes for their public transportation systems to increase revenue lost as commuting declined during the Covid-19 pandemic, the Washington Post reported. While ridership has been steadily increasing to the pre-pandemic average, the MTA is still saddled with billions of dollars in debt, expected to hit $52.7bn by 2028.Īs of May 2023, the country’s eight largest transit systems face a collective budget shortfall of about $6.6bn through the 2026 fiscal year, Bloomberg reports. Transit ridership fell by as much as 90% in 2020, Bloomberg News reported. The latest price increase of base fares was announced in May, as the MTA board forwarded the proposal in an attempt to boost revenue by 4%, the New York Daily News reported. It is the first time the price of base fares have increased in eight years for the country’s largest public transportation system, as the state-run corporation navigates decreased ridership and shaky finances.
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