TriMet Board Approves Fare Increase

Mass transit riders in the Portland Metro area want to budget an extra quarter into their plans starting in September.  The TriMet Board of Directors approved a  25 cent fare increase for adult riders Wednesday.

That's to offset the soaring cost of diesel.

Mary Fetsch with TriMet says the agency also implemented cost-cutting measures, like trimming 14 positions.  But she said  the fare increase is crucial because TriMet buys 7 million gallons of fuel a year.

Mary Fetsch: "That's a lot of diesel.  When you're seeing the price, we're nearly doubling our budget from what we had last year to the next fiscal year budget.  So we're seeing almost a doubling in the price of fuel."

Five cents of the increase cover inflation.  Youth riders and the elderly will see a ten cent increase. 

TriMet also increased fares last September.  Fetsch says despite the tax break TriMet receives on diesel, they expect their prices to soar over $4 a gallon.


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