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On New Year’s Day, the San Francisco Municipal Transportation Agency (SFMTA) plans to increase some fares for the Municipal Railway (Muni).

The cost of an adult “A” fast pass, which is valid for travel on Bay Area Rapid Transit (BART) within San Francisco, will increase from $55 to $70. In addition, SFMTA will offer a new $60 Muni-only “M” fast pass, which isn’t valid for BART rides. However, Muni cash fares will not increase, according to SFMTA.

The agency adopted a fare increase plan earlier this year to help close a $129 million budget deficit for the fiscal year that began July 1. The deficit primarily was caused by the state of California’s elimination of transit funding, according to SFMTA. In July, the agency increased the cost of an adult “A” fast pass from $45 to $55, and the cost of discount monthly passes for seniors, youth and others from $10 to $15. In addition, adult cash fares rose to $2.

Since mid-year, SFMTA trimmed $77 million from operating costs by eliminating positions and boosting efficiencies, and added $52 million in revenue through a combination of parking fee and fine increases, Muni fare hikes and other measures. The January fare increases are projected to increase revenue by $4.85 million in the fiscal year’s remaining six months.