Tomorrow the SFMTA Board will likely vote to support a 14% fare increase for about 90% of riders over the next two-year budget cycle. The primary cause? The Board of Supervisors blocked implementation of SFMTA's extended parking meter hours in 2023. A brief history 🧵.
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Back in January of 2023, the SFMTA Board was staring down the same deficit that still looms in our future: ~$244M/year starting in FY27. They asked staff for ideas for significant new revenue streams, and #1 on that list was extending parking meter hours, and adding Sundays.