Taxi fares could see a bit of a bump in Saskatoon.

The taxi industry has requested the City of Saskatoon to approve a six per cent rate increase, which equals about 75 cents more per five-kilometre ride.

In a report to the Transportation and Utilities committee on Monday, councillors heard the last time the city approved an increase was in 2011.

Over the past 24 months, the Taxi Cost Index (TCI) has jumped 6.3 per cent, meaning drivers are walking away with less each day. The TCI measures expenses including insurance, license fees, vehicle maintenance, and fuel costs.

The city's administration recommends the Taxi Bylaw be amended to include a 90 cent transaction fee for riders paying with debit.

The current Taxi Bylaw requires each taxi to be equipped with debit card terminals, but there's no surcharge. However, a city reports explains that taxis have been charging a surcharge for debit transactions, but not credit card transactions. The reports states this amendment will legitimize the surcharge.

If approved by city council later this month, according to the report, Saskatoon riders will be paying comparable rates as other Western Canadian cities.

The increase means people in Saskatoon will be paying $13.25 per five-kilometre trip.

Currently in Regina, a five-kilometre trip costs $13.