MassTransitMag

Cygnus Business Media
Search:

MassTransitMag.com |

Online Article Page

  

Top Transit News

PSTA May Hike Fares, Cut Back on Service

 



Faced with rising fuel costs and a statewide cut in property taxes, Pinellas Suncoast Transit Authority officials proposed a 25-cent fare increase and a 5 percent reduction in service this week.

But even as the PSTA debated how to cut $6-million from its upcoming annual budget, officials predicted that more commuters than ever will flock to public transit if prices continue to soar at the gas pumps. Ridership is already up by 10 percent so far this year.

The transit authority's money crunch comes in the midst of an ambitious campaign to double ridership and purchase a fleet of updated vehicles over the next decade. PSTA officials said they must either shelve that plan or find an alternative source of funding.

"We are going to have to decide whether this is still a high priority," said R.?B. Johnson, chair of the PSTA board of directors and mayor of Indian Rocks Beach.

"The Tampa Bay area has been behind other metropolitan transit systems and we are trying to catch up ... but here we are being confronted by these funding restraints and the rising cost of fuel."

More than half of the transit authority's estimated $6-million loss will come from property tax dollars voided by Amendment 1, which Florida voters approved in January.

1 2 3 next