Pace Board of Directors releases proposed 2024 budget
Oct. 20, 2023
The budget features no fare increases or service reductions for Suburban Service or Regional ADA Paratransit, as well as add trips where there is demand and an additional 15 percent subsidy to provide continued support to dial-a-ride partners.
The Pace Suburban Bus (Pace) Board of Directors released the agency’s proposed 2024 budget for public hearings. Pace will hold a series of in-person and virtual public hearings to present its proposed 2024 Operating Budget, 2025-2026 Two-Year Financial Plan and 2024-2028 Five-Year Capital Program.
Pace’s proposed budget is balanced, with no fare increases or service reductions for Suburban Service or Regional ADA Paratransit. Beginning in 2024, Pace proposes to offer free fares on the Pace fixed-route bus system to ADA-certified customers with a valid Regional Transportation Authority (RTA) ADA Paratransit Permit ID Card. Also included in the budget are resources to improve frequency and add trips where there is demand, as well as an additional 15 percent subsidy to provide continued support to dial-a-ride partners.
“Pace’s fully accessible fixed route bus system provides a flexible transit option for passengers with disabilities. In our commitment to enhancing the transit experience, we are investing in faster, more frequent service and removing financial barriers for those who rely on the essential transportation we provide,” said Pace Executive Director Melinda Metzger.
In November, Pace staff will return to the Board of Directors with a report on the public hearings and will present an ordinance to adopt the budget before submitting it to the RTA for approval.
