SEPTA Board Approves 7.5% Fare Increase for Dec. 1
Second Fare Increase Proposal of 21.5% Scheduled for Public Hearings on Dec. 13
PHILADELPHIA (November 21, 2024) – The SEPTA Board today approved the first of two proposed fare increases, as the Authority faces a $240 million annual budget deficit with the exhaustion… Continue reading SEPTA Board Approves 7.5% Fare Increase for Dec. 1
SEPTA Announces Major Fare Increase Proposal for Jan. 1
Will be Coupled with Significant Service Cuts in Early 2025; Public Hearings at Pennsylvania Convention Center on Dec. 13
PHILADELPHIA (November 12, 2024) – With no prospect of a statewide solution to help fund the everyday operating expenses of public transportation systems, SEPTA today announced a new fare increase… Continue reading SEPTA Announces Major Fare Increase Proposal for Jan. 1
SEPTA Proposes Fare Adjustments to Address $240 Million Annual Budget Deficit
PHILADELPHIA (September 5, 2024) – SEPTA today announced proposed fare adjustments, including the elimination of a number of discounts, as the Authority faces a $240 million annual budget deficit with… Continue reading SEPTA Proposes Fare Adjustments to Address $240 Million Annual Budget Deficit
SEPTA Board Approves Fiscal Year 2025 Operating & Capital Budgets: Safe, Clean & Secure
SEPTA’s Board today approved Operating and Capital Budget proposals for Fiscal Year 2025, advancing plans to fund everyday operations and major improvement projects. SEPTA’s total budget is $2.6 billion for… Continue reading SEPTA Board Approves Fiscal Year 2025 Operating & Capital Budgets: Safe, Clean & Secure
SEPTA Releases Proposed Fiscal Year 2025 Operating & Capital Budgets: Safe, Clean & Secure
Governor Shapiro's Proposed Historic Investment Would Avoid Service Cuts & Fare Increases
SEPTA is proposing a total budget of $2.6 billion for Fiscal Year 2025 – a $1.74 billion Operating Budget and $922.8 million Capital Budget. For the first time, the Authority’s… Continue reading SEPTA Releases Proposed Fiscal Year 2025 Operating & Capital Budgets: Safe, Clean & Secure
SEPTA Board Approves Fiscal Year 2024 Operating & Capital Budgets
Fiscal Cliff Rapidly Approaching as Federal COVID Funds Run Out; State Assistance Needed to Avoid Significant Service Cuts & Large Fare Increases
SEPTA’s Board today approved Operating and Capital Budget proposals for Fiscal Year 2024, advancing plans to fund everyday operations and major improvement projects. This will be the last budget year… Continue reading SEPTA Board Approves Fiscal Year 2024 Operating & Capital Budgets
SEPTA Proposed Fiscal Year 2024 Operating Budget: Final Year of Federal COVID Relief
No Service Cuts or Fare Increases for One More Year; Fiscal Cliff Looms
SEPTA today released a proposed $1.69 billion Operating Budget for Fiscal Year 2024. The proposal uses SEPTA’s final installment of federal COVID relief funding that has helped to avoid service… Continue reading SEPTA Proposed Fiscal Year 2024 Operating Budget: Final Year of Federal COVID Relief
SEPTA Receives Award for Distinguished Budget Presentation
SEPTA has received a top transit industry award for the presentation of its Fiscal Year 2023 Operating Budget, which has been recognized for its detail, clarity, and transparency. For the… Continue reading SEPTA Receives Award for Distinguished Budget Presentation
SEPTA Board Approves Fiscal Year 2023 Operating and Capital Budgets
SEPTA’s Board today approved Operating and Capital Budget proposals for Fiscal Year 2023, advancing plans to fund everyday operations and major improvement projects. SEPTA’s fiscal year covers the 12-month period… Continue reading SEPTA Board Approves Fiscal Year 2023 Operating and Capital Budgets
SEPTA Releases Proposed Fiscal Year 2023 Capital Budget and 12-Year Program
Record-breaking Plan Invests in Core Infrastructure & Transformation to Lifestyle Network
SEPTA today released its proposed Fiscal Year 2023 Capital Budget and 12-Year Program. The proposed Capital Budget is a record-breaking plan – the first to break the billion-dollar mark, while… Continue reading SEPTA Releases Proposed Fiscal Year 2023 Capital Budget and 12-Year Program
SEPTA Proposed Fiscal Year 2023 Operating Budget: No Fare Increases, New Investments
Plan Would Provide New Fare Products to Boost Ridership Post-COVID
SEPTA today released a proposed $1.61 billion Operating Budget for Fiscal Year 2023. This proposal includes fare enhancements designed to boost ridership post-COVID and allows for the expansion of SEPTA… Continue reading SEPTA Proposed Fiscal Year 2023 Operating Budget: No Fare Increases, New Investments
SEPTA Board Approves Operating & Capital Budgets for Fiscal Year 2022
SEPTA’s Board today approved Operating and Capital Budget proposals for Fiscal Year 2022, advancing plans to fund everyday operations and major improvement projects. SEPTA’s fiscal year covers the 12-month period… Continue reading SEPTA Board Approves Operating & Capital Budgets for Fiscal Year 2022