A crunch in public finances is forcing Vienna to increase the cost of its annual public transport ticket for the first time in 13 years, ending a euro-a-day fare for unlimited travel on city buses, trams and underground subways.

Commuters in the Austrian capital will have to pay at least €461 ($540) for a full-year pass from January, a 26% increase from the current €365 price, public transport company Wiener Linien said in a statement Monday.

The adjustment, which still makes Austria one of the most affordable European capitals for transit, is a setback on a hallmark policy for the Social Democrats, which have led Vienna since 1945.

The city cut the annual pass price in 2012 from €449 to €365 with the hope of further boosting the use of public transport.

Almost 1.3 million Viennese, equivalent to about 65% of the city population, owned an annual pass last year, including student tickets, up from about 768,000 in 2012.

The municipality is announcing savings measures to curb a forecast €3.8 billion budget deficit this year.

The city lost its rank as the world’s most livable major town to Copenhagen this year, according to the Economist Intelligence Unit, which cited increased security concerns after authorities uncovered several terror attack plans.