The hikes are part of a strategy to address a projected $220 million budget deficit over the next five years.
The 50-cent hike, which will repeat every year through 2028, is part of a plan to address a projected $220 million budget deficit over the next five years, according to the Golden Gate Bridge, Highway and Transportation District.
“Bridge tolls are our primary source of revenue, and, unlike most other transit agencies, the bridge district receives no dedicated state or local tax funding,” he said. “This makes toll revenues especially important for us to be able to provide our services.” Bus and ferry fares are also set to increase 25 cents on Monday. Discount fare programs will remain in effect for Clipper users, seniors, youths, people with disabilities and low-income riders who participate in the Clipper START program. Marin local bus fares and special event ferry fares will not increase.for fiscal year 2024-25, which also starts Monday. Reserves are generally saved for emergencies and to pay for capital projects.
The Golden Gate district’s budget includes $272.6 million for operations, which is 8.5% higher than the budget approved last year.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Golden Gate Bridge tolls, ferry and bus fares to increase on MondayCrossing the Golden Gate Bridge will cost 50 cents more for all drivers beginning on July 1.
Read more »
Golden Gate Bridge tolls, ferry and base fares increase on July 1Crossing the Golden Gate Bridge will cost 50 cents more for all drivers beginning on July 1.
Read more »
Golden Gate Bridge tolls, ferry and bus fares to increase on MondayCrossing the Golden Gate Bridge will cost 50 cents more for all drivers beginning on July 1.
Read more »
Golden Gate Bridge tolls increase for drivers starting July 1Crossing the Golden Gate Bridge will cost 50 cents more for all drivers beginning on July 1.
Read more »
15 Apocalyptic Manhwa To Fill The Void Of Solo LevelingApocalyptic manhwa is similar to Solo Leveling, featuring a gate, Sung Jinwoo, and a dungeon gate.
Read more »
Anti-Trump demonstrators give him the bird on the bayA golden-haired inflatable chicken bearing a striking resemblance to the former president is preparing to sail from Fisherman's Wharf to the Golden Gate Bridge during his Thursday fundraiser
Read more »