By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Get Monthly Feautures on Publications for 27/m
Phl Mag
  • News
  • Business
  • Education
  • Health
  • Politics
  • Sports
Reading: SEPTA aims to remove fare discounts to address budget shortfall.
Sign In
Phl MagPhl Mag
Font ResizerAa
  • News
  • Business
  • Education
  • Health
  • Politics
  • Sports
Search
  • News
  • Business
  • Education
  • Health
  • Politics
  • Sports
Have an existing account? Sign In
Follow US
Copyright © 2024 PHL MAG. All Rights Reserved.
Phl Mag > Blog > News > SEPTA aims to remove fare discounts to address budget shortfall.
SEPTA aims to remove fare discounts to address budget shortfall.
News

SEPTA aims to remove fare discounts to address budget shortfall.

Phl Mag
Last updated: 2024/09/05 at 4:30 PM
By Phl Mag 2 Min Read
Share
SHARE

SEPTA, the Southeastern Pennsylvania Transportation Authority, is proposing fare changes to address a $240 million annual budget deficit. One of the proposed changes includes eliminating the discount currently given to riders who use SEPTA Key cards and other contactless payment methods to ride buses, subways, and trolleys.

The proposed fare adjustments would raise SEPTA Key swipes and other payment methods to $2.50 from the discounted rate of $2. This change is aimed at increasing revenue for SEPTA. Riders who pay in cash or use single-ride Quik Trips already pay $2.50 for each fare.


Other proposed changes include eliminating discounts for Regional Rail riders using the SEPTA Key, as well as various fare increases for Regional Rail zones. The proposal also impacts Regional Rail rates for certain groups of riders, including out-of-state seniors and those who qualify for reduced fares.

PATCO riders using Freedom Share cards for SEPTA’s buses, trolleys, and subways would also see their fares increase from $2 to $2.50.

The proposed changes are estimated to generate an additional $14.4 million in annual revenue. Public hearings on the proposal are scheduled for next month.

SEPTA recently received a one-time additional payment of $51 million from Pennsylvania lawmakers as part of the current state budget. However, this is not sufficient to prevent further fare increases and potential service cuts in the future.

SEPTA Board Chair Ken Lawrence emphasized the need for action to ensure reliable services for the city and the region.

Starting on September 23, SEPTA will reinstate parking fees at all Regional Rail lots and parking garages for the first time since 2020. The rates will be $2 at parking lots and $4 at select parking garages.

The last fare increase by SEPTA was in 2017, when cash fares and Quik Trips were raised from $2.25 to $2.50. Public hearings for the proposed fare changes are set for Wednesday, October 16, offering both in-person and remote attendance options.

You Might Also Like

Overnight food truck market in Fishtown postponed indefinitely

Temple suspends pro-Palestine student group temporarily

Okaloosa County, FL OKs SS United States purchase for reef

Ex-Penn State frat leaders sentenced for 2017 hazing death

Wawa triumphs over Sheetz in U.S. convenience store rankings

Phl Mag September 5, 2024 September 5, 2024
Share This Article
Facebook Twitter Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

More Popular

Diggs Boys Bourbon to open Philly distillery & tasting room in 2023
Business

Diggs Boys Bourbon to open Philly distillery & tasting room in 2023

By Phl Mag 2 Min Read
Stockton University to offer cannabis business management degree in NJ.

Stockton University to offer cannabis business management degree in NJ.

By Phl Mag
Overnight food truck market in Fishtown postponed indefinitely.
Business

Overnight food truck market in Fishtown postponed indefinitely.

By Phl Mag 2 Min Read
Health

Family moves to Philly for child’s retinoblastoma treatment, preserving vision

Vivian Kneller's journey began as an infant when her parents were advised by a pediatrician to…

By Phl Mag
Health

Three Philly nurses honored for dedication in healthcare

Independence Blue Cross has proudly announced the remarkable winners of this year's Celebrate Caring campaign, highlighting…

By Phl Mag
Education

Students at Great Valley Middle School create fake TikTok accounts to impersonate teachers.

When students at Great Valley Middle School in Malvern decided to create 22 TikTok accounts impersonating…

By Phl Mag
Business

Federal Donuts to open first South Jersey shop

Exciting news for South Jersey donut lovers! Federal Donuts, the beloved Philadelphia-based donut, fried chicken, and…

By Phl Mag
Business

Philadelphia Mills mall might get new owners as loan deadline approaches.

Exciting news is brewing at Philadelphia Mills mall as talks of a potential change in ownership…

By Phl Mag
Phl Mag

Welcome to PHLMag.com, your go-to source for the latest and most comprehensive news from Philadelphia. Our mission is to keep you informed and connected with your community through accurate, timely, and engaging coverage of local news, culture, sports, business, and more.

Categories

  • News
  • Business
  • Education
  • Health
  • Politics
  • Sports

Quick Links

  • Contact
  • About Us
  • Privacy Policy
  • Terms & Conditions

Copyright 2024 PHL MAG. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?