BART's governing board unanimously approved its budget for the coming fiscal year on Thursday as well as a preliminary budget for the following 2023-2024 fiscal year.
The balanced budget includes the use of $313.6 million in federal COVID-19 emergency funding in the 2022-2023 fiscal year as the transit agency continues to recover from its ridership plummeting due to the pandemic.
As part of the budget, BART will increase fares by 3.4 percent systemwide, an increase that was initially planned to go into effect Jan. 1, 2022, in an effort to keep up with inflation. BART officials noted that the 3.4 percent increase remains below current inflation levels. Currently, BART operates all five of its lines daily until 9 p.m. and then limits service to lines between Millbrae and Antioch, Daly City and Dublin/Pleasanton and Richmond and North San Jose.
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