Certain bus, train, subway, and trolley commuters could soon have to pay more to ride SEPTA because of a quarter-billion-dollar budget gap.
As reported throughout the year, the transit agency faces a $240 million budget deficit after running out of federal COVID relief funds.There was a lot of hope that the state budget would help the transit agency avoid a financial crisis, but what they are getting is not even close to what they hoped for.
The new proposal would bring the Travel Wallet fare on buses, subways, and trolleys to $2.50, which is the same as cash fare, officials said. Free transfers would remain, but SEPTA would eliminate restrictions on direction for travel transfers, which includes allowing for more roundtrips on a single fare.
Surface lots at Frankford Transportation Center, Norristown, and Lansdale will increase to $2 from $1 and to $4 from $2. Officials said these new fees would help offset parking lot maintenance costs.“We worked hard to make sure this fare proposal is equitable,” said Richards. “We know that no one wants to pay more for anything, but we are pulling out all the stops to try to avoid devastating service cuts.
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