You know, if you want nice things, someone’s gotta pay for them. So it only makes sense that SEPTA would hike their fares up a little bit as they get ready to (finally) unveil the new SmartCard system later this year, but that doesn’t mean we have to like it.
According to the Inquirer, SEPTA fares will go up only July 1st for the first time since 2010, and the $2 fare for bus/broad street/trolley/el travel will go up for the first time since 2000. There’s a whole chart over at that Inquirer link, but it basically works like this:
>>> The current, nice, round, even, $2 fare that gets you travel in the city will be raised to $2.25 in July, and then raised again to $2.50 when the SmartCard system kicks in
>>> Tokens, which are currently $1.55 and would be eliminated under the SmartCard system, will hop up to $1.80 this summer
>>> Inner city weekly and monthly transpasses jump from $22 to $24.50 and $83 to $92, respectively
>>> And Regional Rail monthly pass costs jump across the board, along with a plan to cut the seven zones down to six and shift about 40 of the 150 rail stations into new zones
And what’s the result? “SEPTA expects the fare hikes will generate about $25 million in new revenue, but that would still leave a $38 million hole in its $1.4 billion operating budget for the fiscal year that begins July 1.” Award winning.