Tag: Fare Hikes
At an MTA board meeting April 27, MTA chief financial officer Robert Foran warned that a 15% increase on fares and tolls may be necessary if the state government doesn’t provide funding for the MTA’s five-year capital plan, the New York Times reports. Foran says that the hikes may have to happen if the MTA […]
On Monday evening, the MTA held public hearings in the Bronx and Manhattan on fare hike proposals (PDF doc), one of which would raise the $2.50 base fare to $2.75. The transit agency, which is currently sitting on a $34.4 billion mountain of debt, seems to be in the habit of raising fares nearly every […]
