Last Thursday, the Caltrain board approved participation in the regional means-based fare pilot which provides a 20% discount to households making less than 2x the federal poverty level.
In approving the program, the board gave direction to keep a close watch on the pilot; to get reports quarterly; and to work with MTC to support a program that had deeper discounts, financial support, and Â broader coverage with more agencies. The very next day, the MTC and transit agencies held a fare workshop taking the next steps to move these goals forward.
The Caltrain boardâ€™s decision was bolstered by the assessment of staff that while the financial consequences of the pilot were uncertain, Â it was not unlikely that revenue would go up due to attracting more low-income riders.
Based on earlier discussions, the Caltrain board had been favorably disposed to approving the pilot. Â Caltrain’s fare study clearly showed equity programs in the pricing.
SFMTA (Muni) has already approved its participation in the pilot; BART and Golden Gate Transit are next in line to review for approval.