Metro Transit’s governing board voted Friday to increase the cost of passes and transfers starting in July.
According to Metro’s Chief of Planning and System Development, Jessica Mefford-Miller:
“…and that’s just to keep pace with rising cost of things like commodities, fuel especially – we buy over five million gallons of fuel a year – and labor," Mefford-Miller said. "And, so all of our revenue sources have to grow to keep up with that inflation.”
Mefford-Miller says cash fares for single rides on buses and trains will remain the same.
The increases are expected to generate an additional $1.9 million in revenue.
Metro estimates the $45 million in fare revenue it brings in this year will account for about 20 percent of its operating budget.