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San Francisco committee holds taxi fare increases, weighs gas-price volatility and driver hardship
Summary
The Rules Committee considered an ordinance to maintain current taxi fares and gate caps and adopted the item as amended; the Controller’s Office reported a sharp recent drop in gasoline prices, and drivers and companies gave competing testimony on the effect on driver income and company costs.
The Rules Committee considered an ordinance to amend Police Code section 11.37 to maintain current taxi fares and gate caps and adopted the item as a committee report "as amended." The hearing featured a report from the Controller’s Office on recent gasoline-price volatility and lengthy public testimony from drivers and taxi companies weighing driver hardship against company costs and fleet-conversion expenses.
Ted Egan of the Controller’s Office, one of the authors of a September report on taxi economics, told the committee the report used August industry data when retail gasoline averaged about $4.14 per gallon; the most recent weekly price in San Francisco was $1.82 per gallon — roughly a 56% drop —…
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