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Rail News: Passenger Rail
6/14/2002
Rail News: Passenger Rail
Caltrain ups fares to remain 'financially viable'
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The economic recovery’s impact on transit continues to reveal itself: Caltrain June 12 announced plans to raise fares effective July 1.
Caltrain will increase all fares 10 percent; daily parking, from $1 to $1.50; and six-month bicycle locker rentals, from $30 to $33. In addition, Caltrain officials are encouraging passengers to purchase tickets in advance at ticket vending machines, staffed stations, Caltrain headquarters or through the mail. The offboard discount also will increase from $1 to $3.
Meanwhile, validity on one-way and round-trip tickets will change from six months to 30 days. Ten-ride tickets will continue to be valid 60 days.
Officials believe the fare increases and other adjustments will help the agency remain financially viable, offering a higher level of customer service while offsetting declining farebox returns and sales tax receipts.
The weakened economy is impacting Caltrain’s funding partners, San Francisco, San Mateo and Santa Clara counties.
Caltrain will increase all fares 10 percent; daily parking, from $1 to $1.50; and six-month bicycle locker rentals, from $30 to $33. In addition, Caltrain officials are encouraging passengers to purchase tickets in advance at ticket vending machines, staffed stations, Caltrain headquarters or through the mail. The offboard discount also will increase from $1 to $3.
Meanwhile, validity on one-way and round-trip tickets will change from six months to 30 days. Ten-ride tickets will continue to be valid 60 days.
Officials believe the fare increases and other adjustments will help the agency remain financially viable, offering a higher level of customer service while offsetting declining farebox returns and sales tax receipts.
The weakened economy is impacting Caltrain’s funding partners, San Francisco, San Mateo and Santa Clara counties.