Thursday, April 24, 2014

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MTA: Report On Final Fare Hike Decision Premature

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TWC News: MTA: Report On Final Fare Hike Decision Premature
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The Metropolitan Transportation Authority is calling a report about its upcoming fare hike plan premature.

The Daily News cites sources as saying the agency's final fare-hike package will lower the minimum for getting a discount to $5 from the current $10.

The bonus is expected to be trimmed to five percent from seven percent.

The News also says the base fare will likely go up from $2.25 to $2.50.

Seven-day cards would go from $29 to $30 dollars, and 30-day cards would rise from $104 to $112.

The MTA says its board is still considering the structure of its fare and toll increases and does not plan to vote on them until December 19.

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