Posted Oct 9, 2012, 5:01 PM
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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 12:16 PM
MTA Considers Multiple Fare Hike Options
By: NY1 News
Quote:
A monthly MetroCard could cost you an extra $21 under one fare hike proposal reportedly under consideration by the Metropolitan Transportation Authority.
The transit agency is looking at four options for next year's fare hike.
Under that first proposal, the price of a monthly MetroCard would rise to $125.
A weekly card would go up to $34 and the base fare would stay at $2.25, but the MTA would reduce the pay-per-ride bonus.
A second proposal would hike 30-day cards by $15 to $119, and a 7-day card would go up to $32.
The base fare would stay at $2.25 and the MTA would eliminate the pay-per-ride bonus.
Two other plans would raise the base fare to $2.50 while triggering other changes to the bonus and unlimited ride cards.
Each proposal is designed to generate an additional $232 million in revenue for the cash-strapped agency.
The agency will discuss the fare hike proposals during a public hearing set for next month.
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