The Transit Authority of River City (TARC) is proposing a hike in bus fares, the elimination of nine express routes and other service changes to offset a projected $4.6 million budget shortfall next fiscal year.
Officials will seek public input on the proposed changes at six pubic meetings to be held May 15-17.
“With fuel costs, health care costs and pension costs, the sad fact is that our expenses are going up faster than our revenues, so we’ve got to do something to balance that,” said TARC Executive Director Barry Barker.
Under the proposal, one-way adult fare would increase from $1.50 to $1.75 and a monthly pass would increase from $42 to $50, among other hikes. Barker says the proposed rates are in line with public transportation fares charged in similar sized cities like Indianapolis and Cincinnati, where one-way adult fare is already $1.75.
This would be TARC’s first fare increase since 2008. [click to continue…]
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