Metro’s board of directors is expected to vote Thursday on an increase in parking fees and an across-the-board boost in bus and rail fares.
The vote would follow six public hearings Metro held in February and last month, where riders expressed frustration about the poor service and delays they often encounter in the transit system, a stinging counterpoint to the prospect of paying more. Metro last put in place a broad fare increase in the summer of 2010.
Two weeks ago, Metro’s finance committee approved fare increases that average about 5 percent on rail. The actual amounts would vary depending on the distance that a rider travels. The rates would go into effect July 1.
Transit officials said it takes about 60 days to update and test the computer systems, and crews need time to make and install new signs. In May, the board is expected to decide on the passage of its $2.5 billion annual operating and capital budget for fiscal 2013. Metro has projected that it will have a $103 million deficit, which officials hope to close with revenue from the fee increases and larger subsidies from local jurisdictions.