File #: 2022-0664   
Type: Oral Report / Presentation Status: Filed
File created: 9/14/2022 In control: Board of Directors - Regular Board Meeting
On agenda: 9/22/2022 Final action: 9/22/2022
Title: RECEIVE oral report on Fare Capping Update.
Sponsors: Finance, Budget and Audit Committee
Indexes: Barriers (Roads), Fare Structure, Fare Zone, Oral Report / Presentation, Outreach, Payment, Surveys, Transfer on 2nd Boarding, Transfers
Attachments: 1. Presentation
Related files: 2023-0002, 2022-0813

Meeting_Body

REGULAR BOARD MEETING

SEPTEMBER 22, 2022

 

Subject

SUBJECT:                      FARE CAPPING UPDATE

 

Action

ACTION:                     RECEIVE ORAL REPORT

 

Heading

RECOMMENDATION

 

Title

RECEIVE oral report on Fare Capping Update.

 

Equity_Platform

EQUITY PLATFORM

 

Fare capping ensures and advances equity for low-income riders and all riders. It allows riders to pay as they go and not pay upfront for unlimited use passes. Metro will conduct focus groups and outreach to cash-paying customers to ensure they can benefit from fare capping.

 

Prepared_by

Prepared by: David Sutton, Senior Executive Officer, Finance, (213) 922-5633

                                          Michelle Navarro, Senior Executive Officer, Finance, (213) 922-3056

                                          Erica Lee, Principal Transportation Planner, (213) 922-2418

 

Reviewed_By

Reviewed by: Nalini Ahuja, Chief Financial Officer, (213) 922-3088