As we reported earlier this year, BART is raising fares by 3.4-percent starting Jan. 1 as part of an inflation-based program that is meant to help pay for the transit agency’s capital needs.
With the new increase, a one-way trip between Richmond and San Francisco will go from $4.50 to $4.65, while the trip between Richmond and Oakland will increase from $2.95 to $3.05.
In 2013, BART’s board decided to use cost-of-living fare increases every even-numbered year through 2020 to fund capital improvements, such as replacing and expanding the agency’s fleet of rail cars and improving its automated train control system and maintenance facility. The amount of the increase is determined by averaging national and local cost of living data over a two-year period, then subtracting 0.5-percent to account for BART’s productivity improvements. the agency said.