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    Fare Changes Presentation

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    Metro Los Angeles
    Description of fare changes being proposed by Metro along with other contextual information on the fare increases.

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    Fare Changes Presentation

    Uploaded by

    Metro Los Angeles
    4K views16 pages
    Description of fare changes being proposed by Metro along with other contextual information on the fare increases.

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    © Attribution Non-Commercial (BY-NC)

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    PDF, TXT or read online from Scribd

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    Description of fare changes being proposed by Metro along with other contextual information on the fare increases.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    4K views16 pages

    Fare Changes Presentation

    Uploaded by

    Metro Los Angeles
    Description of fare changes being proposed by Metro along with other contextual information on the fare increases.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    You are on page 1of 16
    At a glance
    Powered by AI
    The key takeaways are that Metro aims to provide quality transportation services while balancing fares with operating costs. Fare increases have not kept up with inflation, leading to growing deficits.

    Metro's goals are to provide quality transportation services. To do this, fares must be balanced with the cost of providing service. This will allow Metro to continue effectively serving riders and being accountable to taxpayers in Los Angeles County.

    Fare increases have not kept up with inflation, so fares are covering less of operating costs. As a result, Metro is facing an operating deficit of $36 million in two years that will grow to $225 million in ten years if changes are not made.

    Proposed Fare Changes

    March 3, 2014

    Goals
    > Metros goal is to provide quality transportation services > To do this, fares must be balanced with the cost of providing service > Doing so will allow us to continue to effectively serve our riders and be accountable to Los Angeles County taxpayers

    Why do fares need to change now?


    > Metro fares are among the lowest of any major US transit agency

    Why do fares need to change now?


    > Metro fares cover roughly of operating costs the lowest of any major US transit agency

    Why do fares need to change now?


    > Fare increases have not kept up with inflation > As inflation rises, fares are covering less and less of operating costs > Facing an operating deficit of $36 million in two years, growing to $225 million in ten years

    > This is what the numbers look like:

    How can the deficit be addressed?


    Can Metro move funding from other sources? > Two million voters approved Measure R in 2008 and designated money for specific projects > Measure R sales tax provides capital money to expand and improve service > Metro is prohibited from using capital money to fill the gap

    How can the deficit be addressed?


    Can Metro operate more efficiently? > Operations have been streamlined significantly since 2010 > Eliminated 116 full time employees > No cost of living allowances for employees > Programs to increase efficiency solar panels, recycling, new technology

    How can the deficit be addressed?


    Can Metro cut service to balance the budget? > Service cuts are counter to Metros mission > Customers do not want nor deserve service cuts > Better to create a structure that encourages customers to ride the system they fund

    How can the deficit be addressed?


    Would fare revenue increase enough if fare evasion was averted? > Metro is proactively addressing fare evasion > Eliminating fare evasion could not make up the deficit > Financial projections include expected revenue increases from gate latching efforts

    How can the deficit be addressed?


    How can changing fares help? > Changing fares will help balance them with the cost of operating reliable service > Fares now cover 26% of operating costs; need to cover 33% to be sustainable

    Proposed fare changes


    Two options consider customers by including: > Gradual increases over six years to allow riders to adjust > Free transfers for 90 minutes from boarding instead of charging double for transfers > Monthly pass expanded from Metro only to Metro plus 24 additional municipal bus systems in LA County

    Proposed fare changes


    Option 1 Option 2 Base fare includes free transfers within 90 minutes Gradual increases over six years After 2020, fares reviewed every two years X X X X X X

    Monthly pass combined with EZ Pass in 2017


    Move toward a consistent fare for Express/Silver Line Introduce reduced off-peak fares and higher peak fares

    X
    X

    X
    X X

    > Title VI analysis shows that neither option creates disparate impacts or disproportionate burdens on Metros minority and low-income riders

    Proposed fare changes


    OPTION 1

    Current
    (no transfers)

    2014
    (90 mins of free transfers)

    2017
    (90 mins of free transfers)

    2020
    (90 mins of free transfers)

    Base fare
    Senior/ Disabled Student Day Pass

    $1.50

    $1.75

    $2.00

    $2.25

    Peak: 55 Off-Peak: 25
    $1.00

    Peak: 75 Off-Peak: 35
    $1.25

    Peak: 90 Peak: $1.10 Off-Peak: 50 Off-Peak: 70


    $1.50 $1.75

    $5.00

    $7.00
    $100.00

    $8.00
    $120.00*

    $9.00
    $135.00*

    Monthly Pass $75.00

    *EZ Pass combines with monthly pass in 2017 **See proposal handout for full details

    Proposed fare changes


    OPTION 2 Current
    (no transfers)

    2014
    (90 mins of free transfers)

    2017
    (90 mins of free transfers)

    2020
    (90 mins of free transfers)

    Base fare

    $1.50

    Peak: $2.25 Off-Peak: $1.50

    Peak: $2.75 Off-Peak: $1.75

    Peak: $3.25 Off-Peak: $2.00

    Senior/ Disabled Student Day Pass Monthly Pass

    Peak: 55 Peak: 90 Off-Peak: 25 Off-Peak: 50 $1.00 $1.25

    Peak: $1.00 Peak: $1.10 Off-Peak: 55 Off-Peak: 60 $1.50 $11.00 $150.00*

    $1.75
    $13.00 $180.00*

    $5.00
    $75.00

    $9.00
    $125.00

    *EZ Pass combines with monthly pass in 2017 ** See proposal handout for full details

    Submit comments
    > Mail: Metro One Gateway Plaza, MS 99-3-1 Los Angeles, CA 90012 Attn: Michele Jackson > Phone: 213.922.4600 > Email: [email protected] > Online comment form at metro.net/newfares > Attend Fare Forums or the March 29 hearing

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