GLOVERSVILLE - The Common Council has decided to lower the rate of transit fares for the city route to $1 for the remainder of the year in an effort to increase ridership and future federal funding.
According to the Transit System website, the current regular fare in the city is $2.25. The current fare for seniors, the disabled and youths is $2.
Under the new charge system all city riders will be charged the same rate of $1.
Mobility Manager William Walrath suggested the idea at the last council meeting. He said lowering the rate would help provide the service to those who can't currently afford it, help the riders who already use the service and increase the federal funding the Transit System receives in the future.
Officials said the fares for the Transit System's other routes - such as the one to Fulton-Montgomery Community College - would not change.
Walrath was asked to compile the transit system's financial information so the council could make a decision about changing the rate; after receiving the figures, the council decided to approve the change.
Walrath said the Transit System was profitable last year, which resulted in it receiving no additional 5311 federal operating assistance last year. Walrath said that operating assistance is available to cover up to 50 percent of the deficit of a transit department.
Rather than lose the funding this year, the city has decided to lower fares for riders in the city.
Officials said they are lowering the fee to see how it works for the remainder of the year. At the end of the year, they would assess how the charge may be set in the future.