US City Faces 21.5 Percent Transit Fare Hike as Service Cuts Loom
Philadelphia's transit system will increase fares by 21.5 percent starting New Year's Day and may cut services next summer. The Southeastern Pennsylvania Transportation Authority (SEPTA) announced the news Tuesday in the face of severe financial shortfalls.
SEPTA warns of ‘death spiral': 30% fare hike, service cuts coming without state help
SEPTA officials say with no prospect of a statewide solution to ease ongoing financial woes, the mass transit provider needs a 'historically high' fare increase and plans 'major cuts' to services in the near future.
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The Port Authority introduced a 2025 budget that calls for a toll increase and the first PATH fare increase in a decade.
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