Center City Press, October 20, 2004 The crisis in transit funding is real. SEPTA is facing a $62 million deficit for the current year. Without new, dedicated funding for public transportation from the Commonwealth of Pennsylvania, SEPTA will be forced to institute a fare increase of 25% coupled with a gigantic reduction in service of 20%. Weekend service will be eliminated as will much evening service. This, we know, sounds familiar. It seems that SEPTA threatens fare increases and service reductions every year. And every year, at the last moment, SEPTA receives an infusion of funds, its proposed cuts and fare increases are rescinded, and life goes on much as it has before. So why should we believe the threat this year? One answer is that SEPTA was not crying wolf in the past. Other major transit agencies have what is called dedicated funding, tax revenues that automatically go to… Continue reading