The current price is $2.50 for a single ride. Not all previous fare hikes affected this base fare. If this were to rise by 4 percent that would mean a cost of $2.60.
When fares were instituted in 1904, it remained a nickel per ride for 44 years, the longest stretch the price remained the same. It doubled to a dime in 1948, rising at regular intervals ever since. It was last raised in March of 2013 to the present $2.50.
Details on the fare hike were to be worked out after public hearings and a board vote in December.