When the Metro board approved fare hikes last May, it also directed Metro to engage experts from the American Public Transportation Association (APTA) to study Metro’s fares and look into other revenue strategies. APTA experts completed their review recently, and presented their findings at last week’s Metro board meeting. Though the APTA review recommended approving Metro’s proposed […]
Metro released its latest Quarterly Financial Update [PDF] at this week’s Finance Committee meeting. The report gives an early glance at the impacts of Metro’s mid-September 2014 fare increases. Financially, the news is good. Comparing the second quarter, October to December, of FY2014-13 vs. FY2014-15, fare revenue is up 7.7 percent. The picture is not […]
In a change that’s more procedural than policy-driven, Metro has slightly postponed its fare increase that had been approved for September 1. The new fares will take effect on Monday, September 15th. The fare increase was approved at Metro’s May board meeting. Base bus/train fare will increase 17 percent, going from $1.50 to $1.75. Senior […]
Just over four hours into its marathon monthly board meeting, the Metro Board of Directors approved its much debated fare increase. Metro’s base transit fare will increase from $1.50 to $1.75 in September 2014. Weekly and monthly passes, and senior and disabled fares will also undergo similar increases. The fare increase motion passed with twelve […]
Tomorrow, the Metro Board is voting on fare increases. Under the Metro staff recommendation, Metro’s base transit fare would go from $1.50 to $1.75 in 2014. That’s a 17% increase. Metro’s student fare would go from $1 to $1.25 in 2014. That’s a 25% increase. Mayor Eric Garcetti has proposed a fare increase companion motion […]