Transit agency: Fare hikes needed to cut deficit

NEW YORK - (AP) - New York's transit agency is proposing fareincreases of more than 16 percent on monthly subway and bus passesand 9 percent increases on suburban trains.

The $2.25 single ride for subways and buses is not expected tochange.

The Metropolitan Transportation Authority planned to present thefare increase proposals at a board meeting Wednesday morning. Theywouldn't take effect until January.

The agency that runs the nation's largest mass transit system istrying to close an $800 million budget shortage this year,projected to reach $2.5 billion over the next four years.

The agency is considering putting a limit on its now-unlimitedmonthly passes. The passes would jump from $89 to at least $99 witha 90-ride limit or a $104 unlimited pass.

advertisement | advertise on News 12

Trending Video

VIDEO: Suspected gang members arrested in the Bronx 1 VIDEO: Suspected gang members arrested in the Bronx
Police have released an image of the man 2 Police release image of alleged Beekman Ave. shooter
A whale stranded at Orchard Beach Sunday was 3 Crews euthanize stranded whale after rescue attempts fail
The New York City nonprofit Guardian Angels stepped 4 Guardian Angels step up patrols in Coney Island
News 12 Interactive 5 3 NYPD off-duty officers arrested in separate incidents

advertisement | advertise on News 12

Features

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.

LOGIN SUBSCRIBE