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SEPTA Board approves fare increases, but postpones budget vote

SEPTA's governing body approved fare increases to take effect July 1, including raising cash fares to $2.25 from $2 and tokens to $1.80 from $1.55 for single rides.

The cheapest weekly and monthly TransPasses will increase from $22 to $24 and $83 to $91, respectively, with similar increases for passes with additional zones.

The SEPTA Board also again deferred voting on the 2014 fiscal budget and its capital spending plan, citing "uncertainties in state funding levels."

"The Board plans to revisit the spending plans for Fiscal Year 2014, which begins July 1, 2013, at a meeting later this year. It is hoped that state lawmakers will soon reach an agreement for funding transportation throughout the Commonwealth of Pennsylvania," SEPTA said in a statement Thursday after the Board meeting.