MTA pushing for another fare hike

THE BRONX - The MTA is looking to raise its fares again.The organization says it needs to make up $900 million in its budget for next year. The MTA says the financial crunch is due to rising fuel prices and declining tax revenues. In March, the cost of unlimited-ride MetroCards was increased with the price of a single-ride ticket staying at $2. The MTA indicated then that another fare hike would be likely in 2010.Executives will be meeting Wednesday to discuss the possible increase. If the hike is approved, it would be only the second time that fares and tolls were increased in consecutive years.

advertisement | advertise on News 12

Trending Video

A body was found in the wooded area 1 Body found in wooded area near Eastchester bowling alley
NYPD officers gathered Friday in Longwood for the 2 NYPD officers walk for autism in Longwood
April 28 is Superhero Day. News 12 hit 3 Word on the Street: Superhero Day
News 12 asked viewers what they thought about 4 Hudson Valley Talks Trump: First 100 days
A kid from the Bronx is one of 5 Actor from the Bronx stars in '13 Reasons Why'

advertisement | advertise on News 12


Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.