Fare Increase Effective Sunday
Friday, October 31, 2008 3:49 PM
Fourteen years ago, there were boom boxes instead of scrollable play lists.
Fourteen years ago, cell phones were bulky and heavy.
Fourteen years ago was the last time METRO increased fares.
A lot has changed in 14 years. Now, after keeping fares unchanged for 14 years, METRO is raising fares, starting Sunday.
The new local fare will be $1.25, up from $1. Park & Ride fares will vary, depending on the zone.
The fare increase comes at a time when our diesel fuel costs are expected to nearly double to $51 million in FY 2009 from $28 million in FY 2008. That's an increase of $23 million for diesel fuel.
Park & Ride fares will go up from $1 to $1.25, depending on the zone. Here are the new rates:
* Park & Ride Zone 1 increases to $2.00
- Park & Ride Zone 2 increases to $3.25
- Park & Ride Zone 3 increases to $3.75
- Park & Ride Zone 4 increases to $4.50
We expect the fare increases to generate $14 million in additional revenue for FY09, which will help offset the expected $23 million increased fuel costs.