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RAIL EMPLOYMENT & NOTICES



Rail News Home Rail Industry Trends

6/13/2007



Rail News: Rail Industry Trends

VTA approves biennial budget, fare reduction plan


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The Santa Clara Valley Transportation Authority (VTA) board recently approved a biennial budget for fiscal years 2008 and 2009, as well as a plan to lower ticket prices that bucks the current transit-rail industry trend of fare hikes.

In September, the authority will reduce adult day passes from $5.25 to $5; AdultExpress day passes, from $10.50 to $10; youth day passes, from $4.50 to $4; and senior/disabled day passes, from $2.25 to $2. VTA chose to lower fares based on results of a study that determined reducing certain ticket prices would help boost ridership.

In addition, the authority adopted a $364.2 million FY2008 and $371.7 million FY2009 budget.



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