SEPTA Releases Proposed Fiscal Year 2027 Operating & Capital Budgets
Continues Savings Through Austerity While Investing in Service Improvements, Safety & Security No Fare Increases or Service Cuts; Future Uncertain Without Permanent Funding Solution
PHILADELPHIA (April 9, 2026) – SEPTA is proposing a total budget of $2.7 billion for Fiscal Year 2027 – a $1.84 billion Operating Budget and $920.7 million Capital Budget. The… Continue reading SEPTA Releases Proposed Fiscal Year 2027 Operating & Capital Budgets
Notice of FY27 Operating & Capital Budget Public Hearings
At the hearings, SEPTA will present the proposed Fiscal Year 2027 Operating Budget and Fiscal Years 2028-2032 Financial Projections, and the Fiscal Year 2027 Capital Budget and Fiscal Years 2027-2038… Continue reading Notice of FY27 Operating & Capital Budget Public Hearings
SEPTA to Restore Full Service & Implement Fare Increase on Sept. 14
PennDOT has Approved One-Time Use of Capital Funds for Daily Operations; Long-Term Funding Solution Still Needed
PHILADELPHIA (September 8, 2025) – The Pennsylvania Department of Transportation (PennDOT) today approved SEPTA’s request for the one-time use of its state capital assistance to cover operations. As a result,… Continue reading SEPTA to Restore Full Service & Implement Fare Increase on Sept. 14
Moody’s Issues Negative Outlook for Authority’s Financial Health
PHILADELPHIA (September 3, 2025) – Moody’s Ratings on Wednesday, September 3, revised its outlook for SEPTA from stable to negative. Moody’s did not change any of its currently positive ratings for… Continue reading Moody’s Issues Negative Outlook for Authority’s Financial Health
SEPTA Working to Resolve Some Reported Fare Overcharges
Follows Last-Minute Changes to Reverse Planned Fare Increases Under Court Order
PHILADELPHIA (September 1, 2025) – SEPTA is aware that some customers today may have been incorrectly charged $2.90, instead of $2.50, when tapping Key Cards and other contactless payment devices… Continue reading SEPTA Working to Resolve Some Reported Fare Overcharges
SEPTA to Implement 21.5% Fare Increase & Regional Rail Service Cuts Effective Sept. 1 & 2
PHILADELPHIA (August 28, 2025) – Without the approval of new state funding, SEPTA is moving forward with a 21.5% fare increase on September 1 and new Regional Rail schedules that… Continue reading SEPTA to Implement 21.5% Fare Increase & Regional Rail Service Cuts Effective Sept. 1 & 2
SEPTA Releases Reduced-Service Schedules & Sets Deadline to Avert Cuts
New State Funding Needs to be Secured by Aug. 14 to Avoid Massive Service Cuts; Schedules Reflecting 20% Reductions Effective Aug. 24 Now Available on SEPTA.org
PHILADELPHIA (August 6, 2025) – New state transit funding must be secured by Aug. 14 in order for SEPTA to avoid implementation of a 20% service cut to close a… Continue reading SEPTA Releases Reduced-Service Schedules & Sets Deadline to Avert Cuts
SEPTA to Institute Parking Fees on Weekends & Holidays Effective July 7
Parking Fees to be Collected at All SEPTA-owned Lots & Garages
PHILADELPHIA (July 2, 2025) – Beginning on Monday, July 7, SEPTA will begin charging for parking on weekends and holidays at all SEPTA-owned lots and garages, including 35 additional locations.In… Continue reading SEPTA to Institute Parking Fees on Weekends & Holidays Effective July 7
SEPTA Board Approves FY26 Budget with Devastating Service Cuts & Fare Increases
Without State Funding Solution, SEPTA Will Begin Process of Dismantling the System
PHILADELPHIA (June 26, 2025) – Without action in Harrisburg to provide new funding for transit, the SEPTA Board today voted to approve the Fiscal Year 2026 Operating Budget, which will… Continue reading SEPTA Board Approves FY26 Budget with Devastating Service Cuts & Fare Increases
SEPTA Budget: 45% Service Cut, 21.5% Fare Increase & Workforce Reductions to Fill Deficit
Governor Shapiro: Cuts ‘Completely Avoidable’ with Passage of Transit Funding Plan
PHILADELPHIA (April 10, 2025) – SEPTA today released a budget proposal that would require 45% in service cuts – coupled with major fare increases, workforce reductions and a 9 p.m.… Continue reading SEPTA Budget: 45% Service Cut, 21.5% Fare Increase & Workforce Reductions to Fill Deficit
SEPTA Fare Adjustments Take Effect Sunday, Dec. 1
SEPTA’s first fare increase in seven years will take effect on Sunday, December 1. The SEPTA Board approved the 7.5% fare increase proposal last week following public hearings in October.… Continue reading SEPTA Fare Adjustments Take Effect Sunday, Dec. 1
SEPTA Board Approves 7.5% Fare Increase for Dec. 1
Second Fare Increase Proposal of 21.5% Scheduled for Public Hearings on Dec. 13
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 of federal COVID relief funds.… Continue reading SEPTA Board Approves 7.5% Fare Increase for Dec. 1