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New fareboxes mean more fare payment options by early 2012
CINCINNATI - On Nov. 11, Metro will start installing new fareboxes on all 342 of its buses, thanks to federal funding for the project. Metro fareboxes collect about $22 million in fares annually, representing about 27% of Metro's operating revenue. Metro's current fareboxes are 17 years old and in need of replacement.
Metro's new GFI Odyssey "talking" fareboxes will accept more payment options:
Metro is also considering other pass options to meet customers' needs.
"Our new fareboxes will make riding Metro easier and more convenient for our customers," said Terry Garcia Crews, Metro's CEO. "By next spring, we'll begin offering exciting new payment options like smartcards that provide much greater flexibility for our riders. The new fareboxes are another example of how Metro is becoming a more efficient and state-of-the-art transit system."
Metro's new GFI Odyssey fareboxes are being funded 80% by Section 5307 formula funds and Section 5309 discretionary earmark funds made available by the Federal Transit Administration, matched by 20% local funding. The total cost of the farebox project is $4.5 million.
Metro is a non-profit, tax-funded public service of the Southwest Ohio Regional Transit Authority, providing about 17 million rides per year in the Greater Cincinnati area.