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CC - Item 3F - Public Transit Fare Increases0 0 el ~ 11%- ° ROSEMEAD CITY COUNCIL Wf ` STAFF REPORT * w DATE: AUGUST 14, 2007 TO: THE HONORABLE MAYOR AND CITY COUNCIL FROM: OLIVER CHI, INTERIM CITY MANAGER SUBJECT: PUBLIC TRANSIT FARE INCREASES SUMMARY Currently, the City of Rosemead sells Metro E-Z Transit passes and senior/disabled/medicare stickers to seniors and disabled persons living in the City of Rosemead. These passes allow for all access of the Metro public transportation system at a reduced rate. The City currently charges $20 for an E-Z Transit pass and $4 for a senior/disabled/medicare sticker. The actual cost for an E-Z Transit pass is $29 and a senior/disabled/medicare sticker is $12. The $9 and $8 dollar difference respectively, are subsidized by the City. Effective July 1, 2007, the Metropolitan Transportation Authority Board (MTA) increased the cost for the E-Z Transit Pass from $29.00 to $35.00 (a $6 increase) and the senior/disabled/medicare sticker from $12.00 to $14.00 (a $2 increase). Staff Recommendation Staff recommends that the City Council increase the cost of an E-Z Transit pass by $6 and a senior/disabled/medicare sticker by $2 to compensate for the cost increases implemented by the MTA. ANALYSIS The recommended increases are in line with the cost increases being implemented by the MTA. If authorized by the City Council, the new rates would take effect on August 27, 2007. 3~ of Parks and Recreation APPROVED FOR CITY COUNCIL AGENDA: 0