Posted Oct 8, 2010, 4:39 AM
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The Time To Build Is Now
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Join Date: May 2008
Location: Bronx, NYC
Posts: 3,004
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Updated 11:15 PM
MTA Board Approves Fare Hikes, Costlier MetroCards
By: John Mancini
http://www.ny1.com/content/top_stori...ier-metrocards
Quote:
The Metropolitan Transportation Authority Board approved fare hikes and higher prices for unlimited-ride MetroCards by a 12-2 vote in a heated Midtown hearing Thursday.
The MTA's third fare increase in the past three years will take effect on December 30.
The base fare will remain at $2.25, but single-use cards will cost $2.50, since users will pay 25 cents for the card itself.
The bonus for Pay-Per-Ride cards will kick in only after $10. The discount will go down to 7 percent. Currently, users get a 15 percent bonus after $8.
The seven-day card is to go from $27 to $29, and the 30-day card will increase from $89 to $104. The MTA is also charging an extra dollar for buying a new MetroCard, rather than refilling an old card.
The one-day and 14-day unlimited cards will also be axed.
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