The Brief SEPTA is announcing a budget proposal that includes significant cuts to their service along with fare increases, officials said. SEPTA’s new budget proposal is calling for significant cuts in all modes of service while also calling for fare increases. Officials said they will be speaking about the proposal Thursday at 10 a.m.What we know:SEPTA is set to hold a news conference to announce their budget proposal for 2025 through 2026 Thursday. The agency announced they are proposing what they say are "significant" cuts across all modes of their service, including Regional Rail, bus lines and trolleys. At the same time, officials said they will be proposing fare increases for the services that will remain.