Media Kit » Try RailPrime™ Today! »
Progressive Railroading
Newsletter Sign Up
Stay updated on news, articles and information for the rail industry



This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.




railPrime
View Current Digital Issue »


RAIL EMPLOYMENT & NOTICES



Rail News Home Financials

3/17/2016



Rail News: Financials

SacRT board OKs 10 percent fare hike


advertisement

The Sacramento Regional Transit District's (SacRT) board has approved a 10 percent fare increase, effective July 1.

The board's action comes in response to a $2.7 million budget deficit projected for fiscal year 2016, agency officials said in a press release.

The cost of a basic single fare will increase from $2.50 to $2.75, while basic monthly passes will rise from $100 to $110.

SacRT staff presented an initial fare change proposal at a Jan. 25 meeting. Following a 30-day public comment period and extensive customer feedback, the agency then presented a two-phase fare proposal to the board March 14.

Public comment indicated that two smaller fare increases spread out over time were preferred, SacRT officials said.

The board did not approve a second phase for the fare increases. Agency staff was directed to return to the board with additional research and options for consideration.



Contact Progressive Railroading editorial staff.

More News from 3/17/2016