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Committee backs updated Clipper MOU that spreads costs and creates executive board
Summary
The committee approved forwarding a revised memorandum of understanding that extends Clipper governance to 2025, creates an eight‑member executive board and changes the cost‑allocation formula to include roughly $2.1 million in regional credit‑card and banking fees; supervisors said the governance changes are positive but asked about the cost impact on MTA.
The Budget and Finance Committee on Oct. 14 voted to forward a revised memorandum of understanding among the Metropolitan Transportation Commission (MTC) and Bay Area transit agencies to guide governance and operation of the regional Clipper fare system through June 30, 2025.
Diana Hammonds of the San Francisco Municipal Transportation Agency (SFMTA) said the amendment revises the cost‑allocation formula to incorporate about $2,100,000 in credit‑card and banking fees for Clipper purchases at BART and VTA vending machines and…
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