Bus

Cap Metro approves budget, fare restructure

Posted on September 24, 2013

Austin, Texas-based Capital Metro’s board of directors adopted a proposal to streamline the transit system’s fare structure and policy. The board also approved the agency’s $283.7 million budget for fiscal year 2014 and the recommended service changes for spring 2014.

The approved fare restructure includes a phased approach for 2014 and 2015 that will eliminate the complicated zoned-fare structure for MetroRail, streamline reduced fare options and increase some pass prices.

In 2015, the base fare for local service will increase from $1 to $1.25. Currently, Capital Metro’s $1 fare ranks as one of the lowest in the state and also the nation. When adjusted for inflation, the single ride fare has less value than the fare in 1985 when the agency was founded.

As part of the fare restructure, a new premium fare category will be introduced in 2014. In addition, Capital Metro will restructure its contract deals with large employers and retail outlets that sell passes.

“Capital Metro has improved nearly every aspect of its business over the last few years, and financial transparency and stability are at the top of the list,” said Linda S. Watson, Capital Metro president/CEO. “While we’ve taken great strides to make our operations more efficient and our service more productive, we need to improve our fare structure, as well, to ensure we have the funds necessary to continue serving our rapidly growing community.”

Capital Metro’s board also voted to cut, by half, a proposed MetroAccess fare increase, and delay any increases until 2015. As part of the fare restructure, a new MetroAccess fare will be introduced, allowing customers the ability to purchase a single ride for $1.50 in 2014, rising to $1.75 in 2015. The original proposed changes included a single ride fare of $2 for 2014 and $2.50 for 2015 to the maximums allowed for ADA paratransit service under Federal Transit Administration guidelines.

Additionally beginning in spring 2014, Capital Metro will implement service changes designed to accommodate the new MetroRapid service, initiate the transition of service from Congress Avenue to Guadalupe/Lavaca in accordance with Service Plan 2020, improve access to the new MetroRapid Route 801, and accommodate changes to the University of Texas Shuttle system on the Cameron Road (CR) and Wickersham Lane (WL) Shuttle routes.

Capital Metro and The University of Texas will eliminate the WL Shuttle Route in spring 2014, migrating student riders to comparable service along mainline routes 20 Manor/Riverside and 100 MetroAirport.

Finally by a unanimous vote, the board of directors adopted a $283.7 million budget, which includes $207.3 million for operations; $59.4 million for capital improvements, including implementation of the new MetroRapid service; $12.5 million for interlocal agreements, and $4.5 million for long-term commitments.

In addition, the adopted budget includes a five-year capital improvement plan, which has been estimated at $157.3 million through 2018. The fiscal year 2014 budget takes effect Oct. 1, 2013.

View comments or post a comment on this story. (0 Comments)

More News

CapMetro plan would nearly triple high-frequency routes

The changes recommended in the Connections 2025 draft plan would be implemented in phases over the next 10 years.

French bus operator becomes first in Europe to accept Bitcoin

Isilines, a new long-distance passenger transport division of Transdev Group, has been using Bitcoin as a method of payment alongside traditional credit card payments on its website since early August.

2 NJ Transit buses crash, killing driver, injuring 18

One bus struck the other in a T-bone crash at the intersection of Raymond Boulevard and Broad Street just after 6:05 a.m., NJ Transit spokesman Jim Smith said.

CTA Wins 2016 APTA Innovation Award for Ventra Mobile App

The Ventra Mobile App provides one-stop convenience for transit riders who travel on CTA’s “L” trains or buses, Pace buses or Metra commuter trains – enabling the transit rider to plan, manage and pay for their journeys.

Community Transit to add 17 Alexander Dennis 'Double Tall' buses

Four of the new buses will replace aging 60-foot buses that serve the Seattle commuter market; the other 13 double deckers will be expansion buses to accommodate new service.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close