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Yesterday, the Tri-County Metropolitan Transportation District of Oregon (TriMet) announced it proposes to raise fares five cents to cover the cost of inflation. If approved by the TriMet board on June 28, the news fares will take effect in September.
The agency has proposed raising the two-zone cash fare to $1.70, and the all-zone cash fare and monthly pass to $2.00.
On Jan. 1, TriMet increased cash fares and monthly passes 15 cents and $6, respectively, to help offset a more than $4.5 million budget deficit caused by rising fuel prices. If diesel prices continue to increase, agency officials likely will propose another five-cent fare hike in September, TriMet said.
5/25/2006
Rail News: Rail Industry Trends
TriMet to raise ticket prices a nickel
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Yesterday, the Tri-County Metropolitan Transportation District of Oregon (TriMet) announced it proposes to raise fares five cents to cover the cost of inflation. If approved by the TriMet board on June 28, the news fares will take effect in September.
The agency has proposed raising the two-zone cash fare to $1.70, and the all-zone cash fare and monthly pass to $2.00.
On Jan. 1, TriMet increased cash fares and monthly passes 15 cents and $6, respectively, to help offset a more than $4.5 million budget deficit caused by rising fuel prices. If diesel prices continue to increase, agency officials likely will propose another five-cent fare hike in September, TriMet said.
