December 31, 2013 > Fares set to increase on New YearÕs Day
Fares set to increase on New YearÕs Day
Submitted By BART
Starting January 1, 2014, BART (Bay Area Rapid Transit) riders will pay on average an extra 19 cents in fares to help pay for new train cars and other top priority projects that will ensure reliable, safe, and clean train service for the Bay Area for years to come. In February 2013, the Board of Directors voted to continue BARTÕs inflation-based fare increase program and dedicated the new revenue to replace and improve BARTÕs aging system.
The projects supported by the program include the purchase of Fleet of the Future train cars, a new train control system to improve reliability and to allow more trains to run more frequently, and the expansion of and improvements to the Hayward Maintenance Complex to serve the new fleet and support future service to Silicon Valley.
The inflation-based fare increase program has been in place since 2003 and provides passengers a predictable pattern of small fare adjustments over time as opposed to larger increases with little notice. 60% of surveyed BART passengers support small, predictable increases like these. The renewed program will mean fare increases at a rate below inflation in 2014, 2016, 2018, and 2020 and will generate a total of $325 million to be applied toward these important programs. The first increase will be 5.2%, raising fares on average by 19 cents.
ÒBART is required to come up with a portion of funding for many of our capital projects in order to qualify to receive extra money from other sources,Ó said BART Spokeswoman Alicia Trost, ÒBART must pay $800 million toward the cost of new rail carsÑthis fare increase will help us achieve that goal. We understand no one wants to pay higher fares but riders should know this money can only be spent on these identified projects which will benefit passengers.Ó
For more information about BART, visit www.bart.gov.