Shapiro flexes $153 million to SEPTA, prevents main fare hike

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Gov. Josh Shapiro will intervene to avoid wasting SEPTA from a probably devastating set of fare hikes and repair cuts by transferring $153 million in state freeway funds to the cash-strapped transit company, he introduced in Philadelphia on Friday.

The governor mentioned he’ll switch the cash from seven freeway tasks which can be nonetheless in planning phases, permitting SEPTA to name off a 21.5% fare enhance in January, and cancel plans to close down some Regional Rail strains and scale back the frequency of bus and practice service.

Shapiro mentioned his determination to “flex” the funding creates a “bridge” for SEPTA for about seven months. The legislature now has till subsequent June, when the fiscal 2026 state funds is finalized, to agree on a everlasting funding enhance for transit.

“There isn’t a purpose to maintain that cash on our stability sheet within the state once we can make investments it in SEPTA proper now and assist this group,” he advised a crowd of elected officers and SEPTA staff on the Franklin Transportation Middle, referring to the freeway challenge funding. “And to these Pennsylvanians from a kind of communities affected by the switch of those funds, we’re nonetheless going to get your tasks achieved for you on time.”

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