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TO: |
Board of Trustees |
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THROUGH: |
Jay Fox, Executive Director |
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FROM: |
Viola Miller, Chief Financial Officer |
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PRESENTER(S): |
Brian Reeves, Associate Chief Financial Officer |
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|
Monica Howe, Fares Director |
TITLE:
title
Fare Rate Analysis
end
AGENDA ITEM TYPE:
Discussion
RECOMMENDATION:
Informational report for discussion
BACKGROUND:
The Utah Transit Authority (UTA) fare structure has remained unchanged since April 2013, with a base fare of $2.50 for local bus, TRAX, BRT, and streetcar services. Express bus and ski routes are currently priced at $5.00 per one-way trip, while FrontRunner commuter rail fares begin at $2.50 with additional charges for additional stops. These fare levels remained unchanged for more than a decade, despite significant changes in economic conditions and practices among peer agencies.
Governance of fare rates is established under the Utah Public Transit District Act and UTA Board Policy 4.1 which, as of 2025, require board approval and consultation with the Local Advisory Council for setting fares. Resolution R2024-08-01 established the current fare rate and fare media types approved by the board. Any adjustments to the fare rate must include financial analysis, fare elasticity studies, and public input before implementation.
DISCUSSION:
This discussion will provide a comprehensive review of the Fare Rate Analysis including:
• Governance of fare rates
• Elements of UTA fare rates
• Peer agencies comparison group
• Fare change recommendation
ALTERNATIVES:
N/A
FISCAL IMPACT:
N/A
ATTACHMENTS:
None