OAKLAND -- AC Transit has canceled plans for a July 1 bus fare increase, and may consider lowering its fares instead.

With bus system ridership and revenues on the increase, the AC Transit board voted unanimously Wednesday night to rescind a plan to raise the basic bus fare from $2.10 to $2.25 a ride, a 15 cent increase.

That increase was called for in a long-term fare plan adopted in mid-2011 when the district's ridership finances and the East Bay economy were worse off.

"The biggest change is the economy has improved," said AC Transit District spokesman Clarence Johnson.

Now the Alameda Contra Costa Transit District will continue an internal review of its fare structure to determine if a 10-cent fare rollback is warranted, said Johnson.

AC Transit also will consider selling one-day and seven-day bus passes, and whether to eliminate bus transfers.

Before the board considers any fare change later this year, the district will issue a public report on its fare analysis and hold at least one public hearing.

AC Transit provides bus service in 13 cities stretching from Fremont and Newark in southern Alameda County to Richmond and San Pablo in Contra Costa County.

Contact Denis Cuff at 925-943-8267. Follow him at Twitter.com/deniscuff