BART Board Approves Fare and Parking Fee Hike Amid Financial Woes.

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Source: SFGATE
BART Board Approves Fare and Parking Fee Hike Amid Financial Woes.
Photo: SFGATE
TL;DR Summary

BART's board of directors approved a plan to increase fares and parking fees to address a budget shortfall caused by the COVID-19 pandemic. Fares will increase 11% over two years, and parking fees will vary based on station and time of day. The fare increase is estimated to raise an additional $26 million in operating funds through fiscal year 2025. The discount for low-income riders will increase from 20% to 50% in January 2024. BART is facing a $93 million deficit in fiscal year 2025 and is seeking temporary state funding to bridge the gap.

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