Currently, the fare is $2,900. This would be the calculation you should do.
Collage RCN Radio – Mio de Cali and Camila Díaz.
As is well known, this year, the minimum wage experienced an increase of 9.54%raising its value from $1,300,000 to $1,423,500. In parallel, the transportation subsidy also received an adjustment and was set at $200,000benefiting those workers who receive up to two minimum wages.
This The purpose of the subsidy is to partially cover the costs of public transportation tickets.especially in cities where the use of these services is massive. However, in the midst of this adjustment, Cali citizens are still waiting to find out how the Mio transportation system will be affected due to the possible increase in its rate, which has not yet been announced by the Mayor’s Office of Santiago de Cali.
Of interest: With the AAA rating from Fitch Ratings and with a positive balance in finances, Cali closes this 2024
How many Mio tickets does the Transportation subsidy cover?
From the adjustment, it is important calculate how many tickets a worker will be able to purchase in 2025To do this, you must Divide the value of the subsidy by the value of the ticket and there you will have the result.
That is, taking into account that the value of the MIO ticket in Cali, starting in 2024, is at $2,900, with the subsidy of $200,000 a worker could buy approximately 69 monthly ticketsif we consider that the tickets are intended exclusively for Mio.
This calculation is made under the premise that the current Mio rate remains constantbut it is important to note that the Mayor’s Office of Santiago de Cali still has not issued any official statement regarding a possible increase in the cost of the ticket for 2025.
Likewise, it is important to remember that the increase in the fare in 2024 was $200, which took the fare from $2,700 to $2,900. This increase, although less than inflation, had an impact on users’ pockets, and everything indicates that there could be new adjustments during the course of this year.
It is expected that the The Mayor’s Office will announce in the coming weeks whether another increase in the cost of the ticket will be appliedsomething that could change current calculations about how many tickets the transportation subsidy would cover in the future. Likewise, the increase in the rate, if it were to materialize, could reduce the number of tickets that subsidy beneficiaries will be able to purchase.
On the other hand, if We assume that the ticket would have an increase of $200 pesosjust like last year, that is, the value of the trip remains at $3,100with the subsidy of $200,000, passengers could buy approximately 64 monthly tickets.
Source: Digital Integrated System.
