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The proposed cuts and fare hikes could upend philly's public transit system, making commutes more expensive and less convenient. Septa forecasts slashing service by 45% while hiking fares 21. 5% unless the budget gap is filled in the coming fiscal year, which starts in july, transit officials said at a news. The cost of the system:
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About $46 million, with another $12 million more for equipment. (in todays dollars, that would be an investment of $1. 5 billion). Josh shapiros proposal for $283 million in new state. Philadelphia rapid transit was incorporated in 1902, and began construction of electric streetcar lines to west philadelphia, as the affluent and fashionable suburb was developing rapidly.
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A study exploring the possibility of extending the broad street line to the navy yard now includes looks at merely upgrading bus services, which would cost significantly less than the estimated $500 million a subway expansion would cost.
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