Higher fares, fines eyed to fund S.F. Muni/ Hagob Boyadjian

San Francisco’s Municipal Transportation Agency is faced with a projected two-year $82 million budget deficit. The CFO of the agency will be presenting recommended proposals aimed at addressing the deficit to the MTA Board of Directors shortly. These options include increasing the price of parking fines, parking meter rates, and residential parking permits. There is also a possibility of increasing the cost of the passes available to adults which gives them unlimited rides on the railway. Completing the list of potential revenue generators are charging more for temporary-street closure permits and taxi permits. Officials note that this list is currently only for public discussion and no formal recommendations have been made. The authority to increase fares and rates came from the public who voted to allow the increases with the exception that the Board of Supervisors would have the ultimate say over the matters. If the Board of Supervisors rejects the fare increases, the entire budget is rejected.

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