Fare hikes on Metro buses and trains took effect today. The fare for one-way rides increased by 25 cents to $1.50, and monthly passes jumped by 13 dollars to 75 dollars. Daily passes rose from five to six dollars and the EZ pass from 70 to 84 bucks. Fares did NOT goo up for students, senior citizens, the disabled and Medicare recipients.
The hikes came about because of an estimated 250 million dollar budget deficit. Metro officials said the gap was created by a drop in local tax revenues, cuts in state funding and a drop in fare box collections. The agency already did away with 500 positions to help balance the budget. This new fare hike is expected to generate about 24 million dollars. It's the third in the last 15 years.