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| Service Cuts | |
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| Tweet Topic Started: Feb 15 2007, 05:31 PM (372 Views) | |
| rider65 | Feb 15 2007, 05:31 PM Post #1 |
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Advanced Transit Fan
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Here we go again SEPTA To Propose Fare Increase, Possible Service Cuts In 2008 Operating Budget February 15, 2007 PHILADELPHIA, PA — Facing a projected budget deficit of $150 million if it does not receive sufficient state funding, SEPTA staff has proposed that the SEPTA Board consider a Fiscal Year 2008 (FY 08) Operating Budget of $1.022 billion that will include a fare increase and possible service cuts. In PA Governor Edward G. Rendell’s budget proposal presented on February 6, he reiterated the Pennsylvania Funding and Reform Commission’s report conclusion that statewide transit needs total $760 million annually and that a new dedicated funding source was necessary to provide the long-term viability of transit service throughout the state.As a solution he recommended a 6.17% oil company gross profits tax.The new funds would address SEPTA’s budget shortfall but timing and receipt of the new funds is critical to the Authority’s short term budget requirements. In an effort to decrease its budget shortfall to $100 million, SEPTA concluded that it will be able to generate additional revenue of $8 million and reduce expenses by $13 million. The SEPTA proposal would also increase transit fares by an average of 11 percent (generating $29 million annually).There has been no SEPTA fare hike since 2001 (a fare increase was recommended in the Reform Commission report). Under this plan the $100 million deficit would be filled by the additional state subsidy as proposed by the Governor. Without the additional state subsidy, SEPTA will be forced to take much more extreme and drastic measures to balance the proposed budget. These measures would include a 31% fare increase (generating $68 million), a 20% across the board service reduction (reducing expenses by $60 million) which would result in extending times between trips on all modes of transit, reduce hours of operation, and offer weekend service at Sunday service levels only with some route enhancements.In addition, about 1,000 SEPTA jobs would be eliminated. SEPTA anticipates that the changes would result in ridership losses approaching 20% or 40 million passenger trips annually.The ripple effect would also produce an incalculable effect on the regional economy. The plan will be further explained and detailed during a series of public hearings held in the five-county SEPTA service area from April 10 through 16.The SEPTA Board would vote on the proposal in May and the fare hikes/service cuts would be implemented by July 1. |
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| newflyer_8008 | Feb 17 2007, 12:07 PM Post #2 |
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A person with a transit intrest
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And the base fare will be a whopping $2.80. We are already the highet in the nation, wht we have to be higher???????? Edward G. Rendell. Please Give Septa The Fu@king MONEY!!!!!!!!!!!!! |
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2:01 AM Jul 13