The Post is reporting that in an 8-2 vote, Metro’s finance committee has approved a series of fare hikes at their full meeting today. The plan they approved was the one recently offered by Maryland members of the board, which is less expensive for suburban customers who park and ride. The vote basically guarantees that the full board will approve the fare hikes later today. Here’s how the new fares will break down:

>> The rush-hour base Metro fares will go up 30 cents, to $1.65. hike. Off-peak trips and MetroAccess will remain at $1.35.

>> Parking daily fees will increase by 75 cents for six months, with an option for an additional 25 cent increase after that. Reserve parking will also increase by $10 to $55.

>> Bus fares will go up to $1.35 for passengers who pay in cash, but will remain $1.25 for riders who pay with electronic SmarTrip cards.

We’ll have more later.

Photo by chip py the photo guy