Transit users in the City of Peterborough will start paying more, effective next Thursday (February 1).
The increase in Peterborough Transit fares was part of the city’s 2024 budget approved by city council on December 11. The transit fare increase, which is expected to generate $100,000 in revenue, was one of several measures to reduce the 2024 property tax rate increase.
The increase affects cash fares, the 10-ride pass, 30-day passes, semi-annual and annual passes for seniors, and TransCab fares.
Effective February 1, the cash fare will increase from $2.75 to $3. The cost of 30-day passes will increase by $6 for adults and students (to $72 and $66) and by $5 for seniors (to $50). A 10-ride pass will increase by $2 to $27. For seniors, a semi-annual pass will increase by $15 to $165, with the annual pass increasing by $25 to $275. The TransCab fare will increase from $3.50 to $3.75.
The cost for a single day pass for two adults will remain at $10, and children 12 years and under can continue to ride for free.
The last time the city increased Peterborough Transit fares was three years ago.
